# House prices in CT6 8 (Herne Bay)

This article reveals price per square metre data and various charts to help you understand current housing market in Herne Bay (CT6 8).

## Defining 'CT6 8'

This analysis is limited to properties whose postcode starts with "CT6 8", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Herne Bay.

You can click on the map labels to change to a neighbouring sector, or you can enter a different postcode sector (e.g. CM23 4) below.

FYI, a postcode sector is the full postcode without the last two letters.

## 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. 70, Linden Avenue, Herne Bay, sold for £375,000 on Mar-2024. Given the internal area of 92 square metres, the price per sqm is £4,076.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters 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 221 sales in Herne Bay (CT6 8) that took place in the last two years.

##### Distribution of £ per sqm for Herne Bay
Distribution of £ per sqm house prices in Herne Bay

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.

The spread of prices will give you a feel of the typical range to expect in Herne Bay (CT6 8). Of the 221 transactions, half were sold for between £3,520 and £5,000 per square metre. The median, or 'middle', price per square metre in 'CT6 8' is £4,180. Notably, only 25% of properties that sold recently were valued at more than £5,000 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

## Price map for Herne Bay

Do have a look at the interactive price map I created. 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.

House price heatmap for Herne Bay

## Comparison with neighbouring postcode sectors

The table below shows how 'CT6 8' compares to neighbouring postcode sectors.

Postcode sector Lower quartile Middle quartile Upper quartile
CT6 7 Herne Bay £3,740 sqm £4,320 sqm £4,920 sqm
CT6 5 Herne Bay £2,540 sqm £3,250 sqm £3,900 sqm
CT6 6 Herne Bay £3,540 sqm £4,240 sqm £4,760 sqm
CT6 8 Herne Bay £3,520 sqm £4,180 sqm £5,000 sqm

## 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 chart below for CT6 8 (Herne Bay) compared with both the wider area CT6 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

##### Historic price per square metre in Herne Bay,Herne Bay
House price trends for Herne Bay

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

##### Most recent CT6 8 sales
Recent trends for Herne Bay

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Herne Bay to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. 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.

## Street level data

Street Avg size Avg £sqm Recent sales
Minster Drive, Herne Bay, CT6 8B 53 sqm £3,288 18
Central Avenue, Herne Bay, CT6 8R 79 sqm £4,117 18
Linden Avenue, Herne Bay, CT6 8T 89 sqm £4,306 16
Pier Avenue, Herne Bay, CT6 8P 87 sqm £3,822 15
Albany Drive, Herne Bay, CT6 8P 85 sqm £4,394 13
Carlton Hill, Herne Bay, CT6 8H 93 sqm £4,160 13
Cobblers Bridge Road, Herne Bay, CT6 8N 76 sqm £3,847 13
Greenhill Gardens, Herne Bay, CT6 8N 68 sqm £4,838 13

## 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.