Kent estate agents provide 2014 house price analysis

March 18, 2015 - PRLog -- There are many different house price indexes published on a regular basis and to get a good picture of how Kent prices have fared recently, you have to take a broad view all of the indexes. Experienced Kent estate agents will dovetail third-party house price findings with its own data, collated from 1,000s of property transactions in the country and boosted by on-the-ground knowledge and local demand.

The latest house price report released by the Office for National Statistics* takes a look at house price behaviour on a regional level, and this gives us an indication of how well the wider property market is performing. The report concluded that the price of property in the south east of England went up 10.8% in 2014, which is just above the national average of 10%.

The latest data from the property portals gives a more county-specific idea of house prices. Figures from Rightmove* report that during the last year house prices in Kent were up 8%, and up 12% on the figure recorded in 2010. Rightmove, however, said Kent had an overall average house price of £274,956.

Here we have used Rightmove's most recent data* to look at house prices in four of Kent's most popular home moving locations. As follows:-

Beckenham

Average selling price: £426,063

Overall sold price performance: Up 15% on 2014, up 25% on 2010

Canterbury

Average selling price: £189,292

Overall sold price performance: Up 3% on 2014, up 6% on 2010

Chislehurst

Average selling price: £491,856

Overall sold price performance: Up 8% on 2014, up 8% on 2010

Tunbridge Wells

Average selling price: £343,048

Overall sold price performance: Up 3% on 2014, up 6% on 2010

Winkworth estate agents in Kent (http://www.winkworth.co.uk/regions/south-east) will take an individual approach to valuing each property, using a combination of data sources, professional knowledge and local area feedback. It does pay, however, to conduct some of your own house price research before agreeing on a valuation figure, using the many online resources like Land Registry, estate agency websites and online property portals.

* The Office for National Statistics House Price Index (HPI) figures reflect November 2014, published January 2015. Rightmove figures taken 22nd January 2015