Feb 07, 2023 by HM

House prices in Hawkinge (CT18 7)

This article reveals price per square metre data and various charts to help you understand current housing market in Hawkinge (CT18 7).


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. 3, Fraser Way, Hawkinge, sold for £355,000 on Sep-2023. Given the internal area of 131 square metres, the price per sqm is £2,709.

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 263 sales in Hawkinge (CT18 7) that took place in the last two years.

Distribution of £ per sqm for Hawkinge (CT18 7)
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.

That said, the spread of prices will give you a feel of the typical range to expect in Hawkinge (CT18 7). Of the 263 transactions, half were sold for between £3,370 and £4,480 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,480m2. 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 'CT18 7' is £3,940. The table below shows how 'CT18 7' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT18 8 Lyminge £3,700m2 £4,410m2 £5,200m2
CT18 7 Hawkinge £3,370m2 £3,940m2 £4,480m2

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 scatter plot below for CT18 7 (Hawkinge). 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 CT18 7 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Hawkinge (CT18 7) over time
House price trends for Hawkinge

Hover on any blue dot to see details of specific sales

Disclaimer: 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. 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 Hawkinge data or any other data I am given.

Price map for Hawkinge

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 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. I will explain more about the methodology and create a key next week.

Property price heatmap for Hawkinge
House price heatmap for Hawkinge

Street level data

Street Avg size Avg £/m2 Recent sales
Campbell Road, Hawkinge, CT18 7T 112m2 £3,127 29
Canterbury Road, Hawkinge, CT18 7B 111m2 £3,773 25
The Street, Hawkinge, CT18 7D 94m2 £4,025 16
Ingram Close, Hawkinge, CT18 7Q 77m2 £3,770 16
Grice Close, Hawkinge, CT18 7Q 65m2 £4,220 15
Paxton Avenue, Hawkinge, CT18 7G 131m2 £2,840 13
Woodcock Gardens, Hawkinge, CT18 7N 80m2 £3,609 13
Lewis Road, Hawkinge, CT18 7S 110m2 £2,847 13

Search for your street here.

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.

Address Paid m2 £/m2
3, Fraser Way, Hawkinge £355,000
Sep-2023
131 2,709
16, Winter Drive, Hawkinge £325,000
Sep-2023
69 4,710
32, Cauldham Close, Hawkinge £315,000
Aug-2023
71 4,436

See the entire list of all sales in Hawkinge (CT18 7) 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.