Feb 07, 2023 by HM

# House prices in Ash (CT3 2)

## Price per square metre

Knowing the average house price in Ash 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, Sandwich Road, Ash, Aylesham, sold for £329,950 on Oct-2023. Given the internal area of 99 square metres, the price per sqm is £3,332.

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. £3,250-£3,500, £3,500-£3,750, £3,750-£4,000 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 55 sales in Ash (CT3 2) that took place in the last two years.

##### Distribution of £ per sqm for Ash (CT3 2)
Distribution of £ per sqm house prices in Ash

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 Ash (CT3 2). Of the 55 transactions, half were sold for between £3,380 and £4,590 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,590m2. 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 'CT3 2' is £3,740. The table below shows how 'CT3 2' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT3 2 Ash £3,380m2 £3,740m2 £4,590m2
CT3 3 Aylesham £3,100m2 £3,690m2 £4,180m2
CT3 1 Wingham £3,520m2 £4,090m2 £4,740m2
CT3 4 Hersden £2,950m2 £3,610m2 £4,360m2

## Will Ash 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 CT3 2 (Ash). 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 CT3 2 and the blue dots are the individual property sales that inform this trend.

##### Price per square metre in Ash (CT3 2) over time
House price trends for Ash

Hover on any blue dot to see details of specific sales

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

## Price map for Ash

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 Ash. 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 Ash

## Street level data

Street Avg size Avg £/m2 Recent sales
New Street, Ash, CT3 2B 102m2 £3,857 20
Sandwich Road, Ash, CT3 2A 93m2 £3,362 16
Glebelands, Ash, CT3 2H 85m2 £3,550 10
The Street, Ash, CT3 2A 81m2 £4,135 8
Collar Makers Green, Ash, CT3 2B 121m2 £3,261 6
Havelock Place, Ash, CT3 2A 87m2 £3,722 6
Queens Road, Ash, CT3 2B 89m2 £4,165 5
The Street, Ash, CT3 2E 109m2 £2,949 5

## Raw data

Our analysis of Ash 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.