Feb 07, 2023 by HM

House prices in Sandgate (CT20 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Sandgate (CT20 3).


Price per square metre

Knowing the average house price in Sandgate 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. 31 Collingwood Court, Collingwood Rise, Sandgate, Folkestone, sold for £170,000 on Sep-2023. Given the internal area of 57 square metres, the price per sqm is £2,982.

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. £4,250-£4,500, £4,500-£4,750, £4,750-£5,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 207 sales in Sandgate (CT20 3) that took place in the last two years.

Distribution of £ per sqm for Sandgate (CT20 3)
Distribution of £ per sqm house prices in Sandgate

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 Sandgate (CT20 3). Of the 207 transactions, half were sold for between £3,050 and £4,370 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,370m2. 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 'CT20 3' is £3,690. The table below shows how 'CT20 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT20 2 Folkestone £2,330m2 £2,930m2 £3,700m2
CT20 3 Sandgate £3,050m2 £3,690m2 £4,370m2
CT20 1 Folkestone £2,010m2 £2,630m2 £3,120m2

Will Sandgate 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 CT20 3 (Sandgate). 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 CT20 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Sandgate (CT20 3) over time
House price trends for Sandgate

Hover on any blue dot to see details of specific sales

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

Price map for Sandgate

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 Sandgate. 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 Sandgate
House price heatmap for Sandgate

Street level data

Street Avg size Avg £/m2 Recent sales
Royal Military Avenue, Sandgate, CT20 3E 92m2 £2,924 23
Shorncliffe Road, Sandgate, CT20 3P 100m2 £3,642 20
Chichester Road, Sandgate, CT20 3B 89m2 £4,339 15
Cromwell Park Place, Sandgate, CT20 3S 61m2 £3,884 14
Church Road, Sandgate, CT20 3E 85m2 £3,165 14
Sandgate High Street, Sandgate, CT20 3R 51m2 £3,061 12
Risborough Lane, Sandgate, CT20 3L 91m2 £2,956 12
Sandgate Hill, Sandgate, CT20 3A 153m2 £3,175 11

Search for your street here.

Raw data

Our analysis of Sandgate 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
31 Collingwood Court, Collingwood Rise, Sandgate, Folkestone £170,000
Sep-2023
57 2,982
4, Castle Bay, Sandgate, Folkestone £355,000
Sep-2023
76 4,671
13, Walmer Way, Sandgate, Folkestone £240,000
Sep-2023
99 2,424

See the entire list of all sales in Sandgate (CT20 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.