Feb 07, 2023 by HM

House prices in Whitfield (CT16 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Whitfield (CT16 3).


Price per square metre

Knowing the average house price in Whitfield 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. 14, Chestnut Close, Whitfield, Dover, sold for £320,000 on Sep-2023. Given the internal area of 45 square metres, the price per sqm is £7,111.

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 148 sales in Whitfield (CT16 3) that took place in the last two years.

Distribution of £ per sqm for Whitfield (CT16 3)
Distribution of £ per sqm house prices in Whitfield

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 Whitfield (CT16 3). Of the 148 transactions, half were sold for between £3,350 and £4,360 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,360m2. 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 'CT16 3' is £3,870. The table below shows how 'CT16 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT16 2 Dover £2,380m2 £2,780m2 £3,180m2
CT16 3 Whitfield £3,350m2 £3,870m2 £4,360m2
CT16 1 Dover £2,130m2 £2,480m2 £3,180m2

Will Whitfield 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 CT16 3 (Whitfield). 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 CT16 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Whitfield (CT16 3) over time
House price trends for Whitfield

Hover on any blue dot to see details of specific sales

Disclaimer: The data provided throughout this website about Whitfield 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 Whitfield data or any other data I am given.

Price map for Whitfield

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 Whitfield. 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.

Property price heatmap for Whitfield
House price heatmap for Whitfield

Street level data

Street Avg size Avg £/m2 Recent sales
Cranleigh Drive, Whitfield, CT16 3N 76m2 £3,435 18
Beauxfield, Whitfield, CT16 3J 92m2 £3,799 16
Newlands, Whitfield, CT16 3N 86m2 £3,437 15
Alison Crescent, Whitfield, CT16 3L 79m2 £3,691 13
Farncombe Way, Whitfield, CT16 3N 71m2 £3,663 13
Arable Drive, Whitfield, CT16 3F 101m2 £3,060 13
Archers Court Road, Whitfield, CT16 3H 143m2 £3,465 11
Nursery Lane, Whitfield, CT16 3H 87m2 £3,527 10

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Oats Drive, Whitfield, CT16 3G 128m2 £3,085 11

Oats Drive, Whitfield, CT16 3G has seen 11 new build sales in the last 4 years (average price £404,166). These new build homes typically have an internal area of 128 m2, with an average price of £3,085 m2. This £sqm average is £-785 below the average for CT16 3. New builds typically command a £ per sqm premium. In the case of Oats Drive 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 Whitfield 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
14, Chestnut Close, Whitfield, Dover £320,000
Sep-2023
45 7,111
52, Nursery Lane, Whitfield, Dover £420,000
Aug-2023
142 2,957
38, Newlands, Whitfield, Dover £440,000
Aug-2023
97 4,536

See the entire list of all sales in Whitfield (CT16 3) here.

About

HouseMetric is a hobby, created out of a desire to see data and analysis not present on any free to use website. It is still a work in progress and I'll add more stuff in the near future.