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If you're considering making that first step onto the property ladder, then give CooperBurnett our residential property team a call: 01892 515022

According to the Office of National Statistics (ONS) house prices in Kent went up by 0.6 per cent in April this year, contributing to a 6.5 per cent rise over the last 12 months. The average price of a property in the UK as a whole was £226,906 in April and, in Kent, £292,789.

As usual, the story across Kent as a county was varied. Tunbridge Wells – where CooperBurnett is based – continues to be a popular place to reside, with the town recording the largest monthly house price rise in April, of 3.7 per cent – with an average property in the town selling for £398,612. 

Nearby Tonbridge & Malling recorded a rise of 0.3 per cent in average house prices to £360,848, while average house prices in Sevenoaks fell 2.7 per cent to £429,349 – still way above the average for the county. 

Some towns saw a decrease in house prices, including Dover, which was down 3.7 per cent to £231,009 – the lowest average house price in the county. 

The average homeowner in Kent has seen their property jump in value by around £97,000 in the last five years. The figures also showed that buyers who made their first step onto the property ladder in Kent in April spent an average of £240,066 - around £79,000 more than it would have cost them five years ago.

If you’re considering making that first step onto the property ladder, then give our residential property team a call: 01892 515022

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June 25, 2018
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