Feb 07, 2023 by HM

House prices in Deal (CT14 9)

This article reveals price per square metre data and various charts to help you understand current housing market in Deal (CT14 9).

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Price per square metre

Knowing the average house price in Deal 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. 47, Patterson Close, Deal, sold for £250,000 on Oct-2023. Given the internal area of 63 square metres, the price per sqm is £3,968.

England & Wales have been officially metric for many decades. However house price per square foot is sometimes prefered by those of sufficiently advanced age. They may want to convert metres 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. £3,800-£4,000, £4,000-£4,200, £4,200-£4,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 326 sales in Deal (CT14 9) that took place in the last two years.

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.

That said, the spread of prices will give you a feel of the typical range to expect in Deal (CT14 9). Of the 326 transactions, half were sold for between £3,130 and £4,160 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,160m². For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

For the average, we calculate the 'median' or middle price. The median price per square metre in 'CT14 9' is £3,680. The table below shows how 'CT14 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CT14 0 Sholden	£3,550m2	£4,120m2	£4,870m2
CT14 7 Walmer	£3,620m2	£4,150m2	£4,790m2
CT14 8 Kingsdown	£4,000m2	£4,960m2	£5,770m2
CT14 6 Deal	£3,740m2	£4,410m2	£5,310m2
CT14 9 Deal	£3,130m2	£3,680m2	£4,160m2

Will Deal 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 scatter plot below for CT14 9 (Deal). From this one could infer a range of reasonable possible future price falls or rises. In the chart below, the red dashed line is the house price trend for CT14 9 and the blue dots are the individual property sales that inform this trend.

Disclaimer: The data provided throughout this website about Deal 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. Furthermore, I cannot guarantee the accuracy of any data shown. This information is based on sold prices and internal area data provided by Land Registry and other third parties - I do not verify the accuracy of the Deal data or any other data I am given.

Price map for Deal

I've just finished coding the map I link to below. I find it useful and I am sure it will help you in exploring Deal. 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. I will explain more about the methodology and create a key next week.

House price heatmap for Deal

Street level data

Street	Avg size	Avg £/m2	Recent sales
Middle Deal Road, Deal, CT14 9R	96m2	£3,557	29
London Road, Deal, CT14 9P	122m2	£3,355	29
St Richards Road, Deal, CT14 9L	92m2	£3,162	27
Beechwood Avenue, Deal, CT14 9W	53m2	£3,233	23
Mill Road, Deal, CT14 9B	81m2	£2,959	22
Mill Road, Deal, CT14 9A	122m2	£3,219	19
Cowdray Square, Deal, CT14 9E	76m2	£3,485	19
Hamilton Road, Deal, CT14 9B	73m2	£3,225	18

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Court Close, Deal, CT14 9Y	92m2	£3,309	15

Court Close, Deal, CT14 9Y has seen 15 new build sales in the last 4 years (average price £324,914). These new build homes typically have an internal area of 92 m2, with an average price of £3,309 m2. This £sqm average is £-371 below the average for CT14 9. New builds typically command a £ per sqm premium. In the case of Court Close the premium seems not to exist. Without more info we can only speculate why this may be. Perhaps it may be greater density and smaller gardens, but this is just a guess.

Raw data

Our analysis of Deal 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	m2	£/m2
47, Patterson Close, Deal	£250,000 Oct-2023	63	3,968
79, Thornbridge Rd, Deal	£238,100 Oct-2023	68	3,501
315, St Richards Rd, Deal	£500,000 Sep-2023	144	3,472

See the entire list of all sales in Deal (CT14 9) here.