Feb 07, 2023 by HM

House prices in Chestfield (CT5 3)

This article reveals price per square metre data and various charts to help you understand current housing market in Chestfield (CT5 3).

Price per square metre

Knowing the average house price in Chestfield 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. 4, Laxton Way, Chestfield, Whitstable, sold for £460,000 on Sep-2023. Given the internal area of 107 square metres, the price per sqm is £4,299.

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. £4,700-£5,000, £5,000-£5,300, £5,300-£5,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 138 sales in Chestfield (CT5 3) that took place in the last two years.

Distribution of £ per sqm for Chestfield (CT5 3)
Distribution of £ per sqm house prices in Chestfield

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 Chestfield (CT5 3). Of the 138 transactions, half were sold for between £3,810 and £5,170 per square metre. Notably, only 25% of properties that sold recently were valued at more than £5,170m2. 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 'CT5 3' is £4,500. The table below shows how 'CT5 3' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT5 1 Whitstable £4,390m2 £5,000m2 £5,680m2
CT5 3 Chestfield £3,810m2 £4,500m2 £5,170m2
CT5 4 Whitstable £4,100m2 £4,980m2 £5,790m2
CT5 2 Whitstable £4,360m2 £5,280m2 £6,220m2

Will Chestfield 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 CT5 3 (Chestfield). 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 CT5 3 and the blue dots are the individual property sales that inform this trend.

Price per square metre in Chestfield (CT5 3) over time
House price trends for Chestfield

Hover on any blue dot to see details of specific sales

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

Price map for Chestfield

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 Chestfield. 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 Chestfield
House price heatmap for Chestfield

Street level data

Street Avg size Avg £/m2 Recent sales
Olympia Way, Chestfield, CT5 3F 63m2 £3,476 39
Dargate Road, Chestfield, CT5 3A 133m2 £4,134 22
Chestfield Road, Chestfield, CT5 3L 134m2 £4,867 16
Eversleigh Rise, Chestfield, CT5 3R 101m2 £3,633 13
Maydowns Road, Chestfield, CT5 3L 113m2 £4,307 12
Highgate Road, Chestfield, CT5 3H 73m2 £3,462 12
Primrose Way, Chestfield, CT5 3Q 82m2 £4,131 11
Virginia Road, Chestfield, CT5 3H 96m2 £3,830 10

Search for your street here.

Raw data

Our analysis of Chestfield 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
4, Laxton Way, Chestfield, Whitstable £460,000
107 4,299
26, Golden Hill, Chestfield, Whitstable £400,000
237 1,687
Briar Patch, Pean Court Rd, Chestfield, Whitstable £515,000
120 4,291

See the entire list of all sales in Chestfield (CT5 3) here.


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.