Sevenoaks

Area Guide For Sevenoaks

Sevenoaks is a town situated in western Kent, England, 21 miles south-east of Charing Cross, on a commuter main line from the capital. The town gets its name to the Sevenoaks district, of which it is the leading town, followed by Swanley and Edenbridge.The existence of Knole House, a big mansion, led to the earlier settlement becoming a village and in the 13th century a market was established. Sevenoaks developed to part of the modern communications network when one of the earlier turnpikes was opened in the 18th century; the railway was relatively late in reaching it. It has a big population although the nearby Fort Halstead defence installation is a large local employer. Located to the south-east of the town is Knole Park, within which lies Knole House.

 
 

Sevenoaks Map

Estimated Price: £620,054
Average Asking Price: £806,022
Price change in last one year: £57,089
Average Price Paid: £499,403
Average Rent Rates: £1,559

 
 

Property Prices Breakdown in Sevenoaks

Average Price for property in Sevenoaks is around £620,054 which varies based on type of property you are interested in and ranges from £904,719 for detached house to around £440,703 for semi-detached. Similarly terraced house is around £335,742 and a flat is worth £300,010. Values have been changing and have risen £25 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,562 in last 6 months, £57,089 in last 1 year, £95,111 in last 2 years, £98,369 in last 3 years, £102,753 in last 4 years and £91,504 in last 5 years.

Currently average asking price of a property in Sevenoaks is around £806,022 based on approximately 852 properties for sale. Same is the case with rental options based on 152 properties up for rent, average asking rent is around £1,559 per month.

Estimated property value in Sevenoaks is £620,054. Average asking price is £806,022 while average price paid is £582,329 which is up by £57,089 and Avg. asking rent £1,559.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Sevenoaks area. In last 1 year alone average price buyer paid is around £582,329 based on approximately 852 sales in Sevenoaks area alone. If you compare it to last 3 years sales of 2,641 properties where buyers paid around £512,594. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £499,403 for 4,396 and average amount paid for purchase of approx. 5,759 properties sold in last 7 years comes to about £488,332 per sale.

 
 

Properties For Sale in Sevenoaks

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £193,749, £355,273 for a 2 bedroom house, £502,111 for a 3 bedroom house, £688,290 for a 4 bedroom house and £1,526,273 for a 5 bedroom house. For a flat similarly the prices varies from £177,744 for a single bedroom to £373,220 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £848,564 and £442,500 for a 4 bedroom flat. To sum up the asking prices for properties in Sevenoaks it comes to around average £180,945 for 1 bedroom property, £361,649 for 2 bedroom, £531,330 for 3 bedroom, £681,367 for 4 bedroom and £1,526,273 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £702 for 1 bedroom to £1,101 for 2 bedrooms, £1,572 for 3 bedrooms, £2,598 for 4 bedrooms and £3,336 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £847. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,235, £1,664 for 3 bedroom and £1,395 for 4 bedroom. You should be generally be expecting around average £841 rent per month for single bedroom property, £1,194 for 2 bedroom, £1,580 for 3 bedroom, £2,540 for 4 bedroom and approximately £3,336 for a 5 bedroom property in Sevenoaks area.

Popular Houses in Sevenoaks

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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