Feb 07, 2023 by HM

House prices in Sturry (CT2 0)

This article reveals price per square metre data and various charts to help you understand current housing market in Sturry (CT2 0).

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Price per square metre

Knowing the average house price in Sturry 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, Hudson Close, Sturry, Canterbury, sold for £380,000 on Aug-2023. Given the internal area of 133 square metres, the price per sqm is £2,857.

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 127 sales in Sturry (CT2 0) 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 Sturry (CT2 0). Of the 127 transactions, half were sold for between £3,180 and £4,260 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,260m². 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 'CT2 0' is £3,750. The table below shows how 'CT2 0' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CT2 8 Canterbury	£3,510m2	£4,140m2	£4,880m2
CT2 9 Blean	£3,690m2	£4,360m2	£4,930m2
CT2 0 Sturry	£3,180m2	£3,750m2	£4,260m2
CT2 7 Canterbury	£3,140m2	£3,650m2	£4,330m2

Will Sturry 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 CT2 0 (Sturry). 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 CT2 0 and the blue dots are the individual property sales that inform this trend.

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

Price map for Sturry

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 Sturry. 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 Sturry

Street level data

Street	Avg size	Avg £/m2	Recent sales
Island Road, Sturry, CT2 0E	111m2	£3,465	22
Fairview Gardens, Sturry, CT2 0E	76m2	£3,317	10
Sweechgate, Sturry, CT2 0Q	94m2	£3,735	10
Mill Road, Sturry, CT2 0A	82m2	£3,095	10
Shalloak Road, Sturry, CT2 0Q	131m2	£3,221	10
Fordwich Road, Sturry, CT2 0B	120m2	£4,559	9
Homewood Road, Sturry, CT2 0J	88m2	£3,448	9
Staines Hill, Sturry, CT2 0E	111m2	£3,155	9

Search for your street here.

New build activity

Street	Avg size	Avg £/m2	New build sales
Montgomery Gardens, Sturry, CT2 0F	91m2	£2,911	10

Montgomery Gardens, Sturry, CT2 0F has seen 10 new build sales in the last 4 years (average price £276,852). These new build homes typically have an internal area of 91 m2, with an average price of £2,911 m2. This £sqm average is £-839 below the average for CT2 0. New builds typically command a £ per sqm premium. In the case of Montgomery Gardens 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 Sturry 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, Hudson Close, Sturry, Canterbury	£380,000 Aug-2023	133	2,857
78, Island Rd, Sturry, Canterbury	£400,000 Aug-2023	99	4,040
15, Woodside Rd, Sturry, Canterbury	£232,200 Aug-2023	81	2,866

See the entire list of all sales in Sturry (CT2 0) here.