We were interested in looking at the starting prices of the top five per cent of properties in the local market. This chart displays the main house types side-by-side so you can see how they sit relative to one another.
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Are problems afoot on the second rung of the housing ladder?
In The Weald, the gap was £82,700 in 2017. By the autumn of 2020, it had grown to £96,100, equivalent to a change of £13,400.
Why we’re extremely positive about the outlook for the Malling market
If a transaction happens after 31st of March 2021, the average stamp duty bill rises from nil to £9,885.
Has Maidstone’s premium market changed in the last 20 years?
In Maidstone & Barming, the average price of a property has risen by 156 per cent since 2000.
Lifecycle of our residents
You might think you know our area inside out, but this chart might make you think again. We’ve split the area according to where people and families are in their lifecycle. This has a big impact on the housing market, with people needing different types of housing at different points in their life.
Index of annual sales levels by type
In this chart, we’ve compared sales levels for flats and houses in the last few quarters. We’ve opted to look at an index, rather than absolute numbers, to expose the underlying patterns. This means that both property types start at 100 at the start of the period, and you can see how they’ve changed since, on an equal basis.
An index of prices by type over time
Over the last two years, we’ve seen pretty strong performance in the local market. We wanted to see how different property types have performed, so we indexed the values at the start of the period. Property data updates quite slowly, so we’ve estimated the last 3 months.
How often do people move property in Headcorn and Bearsted?
The average amount of time someone lives in their property in Headcorn or Bearstead is actually 19 years.
An index of sales split by house and flats
This chart shows how sales levels in the local area sit now compared with seven months ago. We’ve indexed all property types so they start at the same point so you can easily see how they’ve moved in relation to each other.
Local house types
Property types are a handy measure of the shape of the market in a local area. For example, areas with lots of flats tend to be urban in character because there is huge pressure on land. A large number of detached homes means that the area is suburban and not very densely populated.
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