Home   Kent   News   Article

House price increases in Kent over past 10 years ranked

House prices in one Kent commuter town have soared by the eighth highest amount in the UK over the past decade.

Dartford was the only location in the county in the top 10 and ranked higher than Three Rivers and St Alban's in Hertfordshire.

House prices in Dartford have risen by 71.52% in the last 10 years
House prices in Dartford have risen by 71.52% in the last 10 years

The data looked at local authority house price averages sourced from the UK House Price Index for December 2009 and December 2019.

The borough saw house prices rise by 71.52%.

A decade ago the average cost was £174,676. Today a house in the area will cost you around £299,611.

It's predicted properties could cost £513,904 in 2030 with a 20% deposit of £102,781 needed for purchases.

Dartford's high increase was closely followed by Bexley at 71.37% and then Gravesham which saw a 67.65% increase in house prices over the last 10 years.

.

The smallest increase in Kent was Maidstone, which only saw prices rise by 46.37% since 2009, from the average cost of £196, 680 to £287,898.

Ben Hill, assistant manager at the estate agent Robinson Jackson in Dartford, said: "I've been with the company for 10 years and seen the increase of house prices co-inside with supply and demand.

"People are earning more, and prepared to pay more for their homes.

"Dartford has become a great area to live. In 2014 the town became an Oyster card zone, so that brought a lot of people in, then there's the motorway links – you can get anywhere from Dartford.

"People who live and work in Essex also come to Dartford due to the local resident discount you can get for the Dartford crossing, the newly-refurbished train station is also beneficial.

"Schools are also a major pull factor, Dartford Grammar School is hugely popular.

"However due to the current coronavirus situation we are unsure of the future.

"At the moment we have staff working from home, re-assuring our clients and keeping in touch.

Robinson-Jackson in Dartford. Picture: Google
Robinson-Jackson in Dartford. Picture: Google

"Obviously we aren't doing viewings and we're going into this new transition period but right now we're staying focused on how we can continue to build trust with buyers and sellers during this time of social-distancing."

The predictions made myare simply based on the average rate of growth in each area over the last ten years and we cannot accurately predict how house prices may change over the coming years.

The figures come from finance companies Digitonomy and Cash Lady, with latter also creating a 2030 estimate calculator which you can use to predict your house price by clicking here.

Head to our business page for all of the latest news about businesses in Kent.

For the latest coronavirus news and advice, click here.


More by this author


This website and its associated newspaper are members of the Independent Press Standards Organisation (IPSO)

Close This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies.Learn More