Huge amounts of demand for homes in The Weald underpin a record-breaking Spring
The average price of home in the Weald is now £446,000, which compares with £461,000 regionally.
Huge amounts of demand for homes in Malling underpin a record-breaking Spring
The average price of a Malling home is now £440,000, which compares with £461,000 regionally.
Prices over time vs region and national
A lot has happened in the property market recently, particularly when it comes to prices. However, what’s happening locally doesn’t always reflect what’s going on regionally or in the country as a whole. This chart shows prices side-by-side and reveals telling patterns.
Huge amounts of demand for homes in Maidstone & Barming underpin a record-breaking Spring
The average price of a Maidstone & Barming home is now £401,000, which compares with £461,000 regionally.
Hours worked each week
The lockdown made many people in the UK get used to working from home for the first time. Whether or not it continues to be a widespread way of working, there’s no doubt local residents are hard workers. This chart shows the length of the working week in our area.
Overall sales levels in the last eight quarters
There’s so much going on in our local market it’s sometimes hard to keep up. However, one of the measures we as property professionals are fixated on is how many sales are taking place. This chart shows the total number of sales over the last few quarters.
Index of quarterly sales levels by type
In this chart, we’ve compared sales levels for flats and houses in the last few years. Instead of looking at absolute numbers, we’ve indexed the rates. This means that flats and houses start at 100 at the start of the period and you can see how they’ve changed since, on an equal basis.
Number of people per home
The number of people living in homes in the local area tells us a lot about the character of our market. Areas with smaller households tend to be dominated by either the very young or very old. Homes with more people tend to be dominated by families and this is the case for most housing markets around the country.
Chancellor injects even more positivity into the Maidstone housing market
Since 2000, prices have increased by an average of £9,400 per year.
Annual index of prices by type of home
Property prices of different house types can be like chalk and cheese. Smaller properties have a higher turnover and lower price than larger properties. So for this chart we’ve stripped out the actual figures and look at an index of how each type has performed over time.
Chancellor injects even more positivity into the Malling housing market
Since 2000, prices have increased by an average of £12,300 per year.
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