# House prices in CT18 7 (Hawkinge)

## Defining 'CT18 7'

This analysis is limited to properties whose postcode starts with "CT18 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 Hawkinge.

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 Hawkinge 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. 8, George Close, Hawkinge, sold for £590,000 on Mar-2024. Given the internal area of 162 square metres, the price per sqm is £3,641.

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. £4,350-£4,500, £4,500-£4,650, £4,650-£4,800 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 217 sales in Hawkinge (CT18 7) that took place in the last two years.

##### Distribution of £ per sqm for Hawkinge
Distribution of £ per sqm house prices in Hawkinge

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 Hawkinge (CT18 7). Of the 217 transactions, half were sold for between £3,370 and £4,580 per square metre. The median, or 'middle', price per square metre in 'CT18 7' is £3,920. Notably, only 25% of properties that sold recently were valued at more than £4,580 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 Hawkinge

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 Hawkinge. 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.

House price heatmap for Hawkinge

## Comparison with neighbouring postcode sectors

The table below shows how 'CT18 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT18 8 Lyminge £3,710 sqm £4,510 sqm £5,280 sqm
CT18 7 Hawkinge £3,370 sqm £3,920 sqm £4,580 sqm

## Will Hawkinge 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 CT18 7 (Hawkinge) compared with both the wider area CT18 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 Hawkinge,Hawkinge
House price trends for Hawkinge

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 CT18 7 sales
Recent trends for Hawkinge

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 Hawkinge 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 Hawkinge 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
Campbell Road, Hawkinge, CT18 7T 113 sqm £3,147 26
Canterbury Road, Hawkinge, CT18 7B 111 sqm £3,811 25
The Street, Hawkinge, CT18 7D 95 sqm £3,861 19
Ingram Close, Hawkinge, CT18 7Q 77 sqm £3,782 16
Grice Close, Hawkinge, CT18 7Q 65 sqm £4,220 15
Woodcock Gardens, Hawkinge, CT18 7N 79 sqm £3,634 14
Trunley Way, Hawkinge, CT18 7S 145 sqm £2,788 13
Paxton Avenue, Hawkinge, CT18 7G 131 sqm £2,840 13

## Raw data

Our analysis of Hawkinge 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.

8, George Close, Hawkinge £590,000
Mar-2024
162 3,641
72, The St, Hawkinge £342,000
Feb-2024
104 3,288
5, Tye Lane, Hawkinge £560,000
Feb-2024
84 6,666