Feb 07, 2023 by HM

House prices in South Darenth (DA4 9)

This article reveals price per square metre data and various charts to help you understand current housing market in South Darenth (DA4 9).

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Price per square metre

Knowing the average house price in South Darenth 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. 20, Paddock Close, South Darenth, sold for £120,000 on Sep-2023. Given the internal area of 56 square metres, the price per sqm is £2,142.

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. £3,700-£4,000, £4,000-£4,300, £4,300-£4,600 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 179 sales in South Darenth (DA4 9) 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 South Darenth (DA4 9). Of the 179 transactions, half were sold for between £3,810 and £4,790 per square metre. Notably, only 25% of properties that sold recently were valued at more than £4,790m². 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 'DA4 9' is £4,200. The table below shows how 'DA4 9' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
DA4 0 Eynsford	£4,660m2	£5,270m2	£6,090m2
DA4 9 South Darenth	£3,810m2	£4,200m2	£4,790m2

Will South Darenth 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 DA4 9 (South Darenth). 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 DA4 9 and the blue dots are the individual property sales that inform this trend.

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

Price map for South Darenth

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 South Darenth. 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 South Darenth

Street level data

Street	Avg size	Avg £/m2	Recent sales
Esparto Way, South Darenth, DA4 9L	63m2	£3,348	46
Main Road, South Darenth, DA4 9H	82m2	£4,254	34
New Road, South Darenth, DA4 9A	70m2	£4,486	29
Paddock Close, South Darenth, DA4 9A	62m2	£3,618	22
Alexandra Walk, South Darenth, DA4 9L	69m2	£3,550	21
Victoria Drive, South Darenth, DA4 9N	51m2	£3,807	20
Esparto Way, South Darenth, DA4 9F	62m2	£3,739	16
Main Road, South Darenth, DA4 9E	63m2	£4,408	15

Search for your street here.

Raw data

Our analysis of South Darenth 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
10, Darent Mead, South Darenth	£415,000 Sep-2023	79	5,253
20, Paddock Close, South Darenth	£120,000 Sep-2023	56	2,142
168, Main Rd, South Darenth	£285,000 Sep-2023	69	4,130

See the entire list of all sales in South Darenth (DA4 9) here.