House prices in CT14 7 (Walmer)

This article reveals price per square metre data and various charts to help you understand current housing market in 'CT14 7' (Walmer) - statistics were last calculated on 30 June 2024.


Defining 'CT14 7'

This analysis is limited to properties whose postcode starts with "CT14 7", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Walmer.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Walmer is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area
E.g. 18, Menzies Avenue, Walmer, sold for £345,000 on May-2024. Given the internal area of 65 square metres, the price per sqm is £5,307.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 233 sales in Walmer (CT14 7) that took place in the last two years.

Distribution of £ per sqm for Walmer
Distribution of £ per sqm house prices in Walmer

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Walmer (CT14 7). Of the 233 transactions, half were sold for between £3,450 and £4,790 per square metre. The median, or 'middle', price per square metre in 'CT14 7' is £4,110. Notably, only 25% of properties that sold recently were valued at more than £4,790 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Walmer

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Walmer. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

Property price heatmap for Walmer
House price heatmap for Walmer

Comparison with neighbouring postcode sectors

The table below shows how 'CT14 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT14 9 Deal £3,160 sqm £3,700 sqm £4,210 sqm
CT14 6 Deal £3,510 sqm £4,280 sqm £5,020 sqm
CT14 0 Sholden £3,500 sqm £4,070 sqm £4,760 sqm
CT14 7 Walmer £3,450 sqm £4,110 sqm £4,790 sqm
CT14 8 Kingsdown £3,620 sqm £4,740 sqm £5,620 sqm

Will Walmer house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for CT14 7 (Walmer) compared with both the wider area CT14 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Historic price per square metre in Walmer,Walmer
House price trends for Walmer

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Most recent CT14 7 sales
Recent trends for Walmer

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Walmer to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Walmer and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street Avg size Avg £sqm Recent sales
Lord Warden Avenue, Walmer, CT14 7J 60 sqm £4,234 28
Dover Road, Walmer, CT14 7N 111 sqm £3,374 27
Gladstone Road, Walmer, CT14 7E 87 sqm £3,375 21
Downs Road, Walmer, CT14 7T 85 sqm £3,465 21
Wellington Road, Walmer, CT14 7A 94 sqm £3,865 17
Trafalgar Drive, Walmer, CT14 7F 109 sqm £3,284 15
The Beach, Walmer, CT14 7H 115 sqm £3,927 15
York Road, Walmer, CT14 7E 66 sqm £4,959 13

Search for your street here.

Raw data

Our analysis of Walmer is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address Paid sqm £/sqm
18, Menzies Avenue, Walmer £345,000
May-2024
65 5,307
1 Hawksdown Cottages, Grams Rd, Walmer £335,000
May-2024
82 4,085
138, Dover Rd, Walmer £624,995
May-2024
168 3,720

See the entire list of all sales in Walmer (CT14 7) here.

About

I created HouseMetric because I wanted to see this data and analysis myself, I also wanted to teach myself to build a website. Please give me feedback or spread the word about it. I'm constantly tinkering and adding more stuff to it.