Feb 07, 2023 by HM

House prices in Herne Bay (CT6 6)

This article reveals price per square metre data and various charts to help you understand current housing market in Herne Bay (CT6 6).

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Price per square metre

Knowing the average house price in Herne Bay 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. 12, Tyndale Park, Herne Bay, sold for £431,000 on Oct-2023. Given the internal area of 189 square metres, the price per sqm is £2,280.

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 220 sales in Herne Bay (CT6 6) 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 Herne Bay (CT6 6). Of the 220 transactions, half were sold for between £3,500 and £4,830 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,830m². 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 'CT6 6' is £4,250. The table below shows how 'CT6 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
CT6 7 Herne Bay	£3,850m2	£4,380m2	£5,090m2
CT6 8 Herne Bay	£3,520m2	£4,300m2	£5,080m2
CT6 6 Herne Bay	£3,500m2	£4,250m2	£4,830m2
CT6 5 Herne Bay	£2,580m2	£3,250m2	£3,860m2

Will Herne Bay 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 CT6 6 (Herne Bay). 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 CT6 6 and the blue dots are the individual property sales that inform this trend.

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

Price map for Herne Bay

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 Herne Bay. 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 Herne Bay

Street level data

Street	Avg size	Avg £/m2	Recent sales
Reculver Road, Herne Bay, CT6 6P	129m2	£3,545	20
Glenbervie Drive, Herne Bay, CT6 6Q	95m2	£4,143	19
Barnes Way, Herne Bay, CT6 6R	89m2	£3,557	15
Reculver Road, Herne Bay, CT6 6L	121m2	£3,352	13
Cormorant Way, Herne Bay, CT6 6H	90m2	£3,915	12
Talmead Road, Herne Bay, CT6 6N	70m2	£3,707	12
Mayfield Road, Herne Bay, CT6 6E	80m2	£3,353	12
Douglas Road, Herne Bay, CT6 6A	91m2	£3,939	12

Search for your street here.

Raw data

Our analysis of Herne Bay 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
12, Tyndale Park, Herne Bay	£431,000 Oct-2023	189	2,280
43, Malvern Park, Herne Bay	£530,000 Sep-2023	87	6,091
Greenroofs, 14, Beacon Avenue, Herne Bay	£593,000 Sep-2023	128	4,632

See the entire list of all sales in Herne Bay (CT6 6) here.