Feb 07, 2023 by HM

House prices in Aylesham (CT3 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Aylesham (CT3 3).


Price per square metre

Knowing the average house price in Aylesham 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, Wordsworth Gardens, Aylesham, sold for £240,000 on Sep-2023. Given the internal area of 56 square metres, the price per sqm is £4,285.

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. £2,800-£3,000, £3,000-£3,200, £3,200-£3,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 140 sales in Aylesham (CT3 3) that took place in the last two years.

Distribution of £ per sqm for Aylesham (CT3 3)
Distribution of £ per sqm house prices in Aylesham

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 Aylesham (CT3 3). Of the 140 transactions, half were sold for between £3,100 and £4,180 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,180m2. 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 3' is £3,690. The table below shows how 'CT3 3' 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 Aylesham 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 3 (Aylesham). 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 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Aylesham (CT3 3) over time
House price trends for Aylesham

Hover on any blue dot to see details of specific sales

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

Price map for Aylesham

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 Aylesham. 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 Aylesham
House price heatmap for Aylesham

Street level data

Street Avg size Avg £/m2 Recent sales
Central Boulevard, Aylesham, CT3 3F 81m2 £3,471 26
Dorman Avenue North, Aylesham, CT3 3B 75m2 £3,054 20
The Street, Aylesham, CT3 3J 101m2 £3,706 17
Millyard Road, Aylesham, CT3 3F 90m2 £3,367 15
Winder Place, Aylesham, CT3 3F 98m2 £3,241 14
Kings Road, Aylesham, CT3 3H 80m2 £2,949 14
Cornwallis Avenue, Aylesham, CT3 3H 76m2 £3,334 12
Central Boulevard, Aylesham, CT3 3G 81m2 £3,422 11

Search for your street here.

New build activity

Street Avg size Avg £/m2 New build sales
Rhondda Vale, Aylesham, CT3 3L 65m2 £3,438 20

Rhondda Vale, Aylesham, CT3 3L has seen 20 new build sales in the last 4 years (average price £242,564). These new build homes typically have an internal area of 65 m2, with an average price of £3,438 m2. This £sqm average is £-252 below the average for CT3 3. New builds typically command a £ per sqm premium. In the case of Rhondda Vale 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 Aylesham 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, Wordsworth Gardens, Aylesham £240,000
Sep-2023
56 4,285
7 Abercrombie Court, Boulevard Courrieres, Aylesham £290,000
Aug-2023
104 2,788
4, Goldthorpe Drive, Aylesham £347,000
Aug-2023
97 3,577

See the entire list of all sales in Aylesham (CT3 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.