More on KentOnline
More on KentOnline
As the property market is back up and running and stamp duty has been eased until March next year, first-time buyers and homeowners with itchy feet can once again think about looking for a new house.
And, after being stuck at home for the best part of this year, what better time is there to try and find a new property – particularly with more space or a garden.
Well, the latest figures show the average house price in Kent is £361,475.
But when you break the figures down to each town in the county, they differ quite a bit.
The figures, which are based on Halifax mortgage data up to June 2020, show that Sheerness is the cheapest place to buy a house in Kent, with an average house price of £221,461.
On the other end of the scale is Sevenoaks , with the average house price being £543,172.
Other towns that feature under the £250k mark are Dover , Ramsgate and Margate , with average house prices of £245,198, £244,811 and £242,472 respectively.
Speaking about the property market after the lockdown period, Halifax's mortgages director Tom Martin said it was no surprise people were looking to leave cities behind, post-pandemic, for the Garden of England.
He said: “As people begin to see their lifestyles change after the pandemic, with a desire for more space, a home office and a garden, home-movers are increasingly looking at leaving the city.
"It's not surprising that Kent remains popular, as people continue working from home while remaining within easy commuting distance to London.”
Meanwhile, Gráinne Gilmore, head of research for property website Zoopla, said there had been a rise in the number of properties going on the market since Chancellor Rishi Sunak revealed the stamp duty threshold of £125,000 would be increased to £500,000 until March 2021.
That means any buyer purchasing a house for less than that will not have to pay.
She said: "The supply of new homes being listed for sale has risen across the South East since the stamp duty change, although the trends here remain localised, with some towns seeing more constrained supply levels.
"The rise in supply has been more than matched by demand however, which is still significantly higher than pre-lockdown. Many buyers used that time to consider their next move, and the stamp duty change has also spurred activity in the market."
According to Zoopla, these are the cheapest homes for sale in Kent right now and every single one is under £70k – well under the average figures!
One-bed flat in All Saints Avenue, Margate – £50,000 guide price
This first-floor flat has sea views and is close to Margate's sandy beaches. It's in need of modernisation, to make it a perfect home by the sea.
There is one catch with this listing, it's a cash-only purchase.
To find out more or to arrange a viewing, click here
Three-bed end of terrace house in Queens Road, Chatham – £60,000 guide price
This property is in a cul-de-sac, off Beacon Hill, close to shopping and travelling facilities.
It's an end of terrace house that requires modernisation, with accommodation arranged across three floors.
It also has a garden and is set to go under the hammer at auction in September.
To find out more or to arrange a viewing, click here
Three-bed terraced house in Rainham Road, Gillingham – £60,000 guide price
This budget-friendly home, which will also be up for grabs at auction next month, once again requires modernisation and is close to shopping and travelling facilities, as it's near the junction with Canterbury Street.
It has three bedrooms, a good-sized kitchen and living room, and a garden. Also nearby is Gillingham Golf Club, if that's your 'thing'.
To find out more or to arrange a viewing, click here
Three-bed terraced house in Canterbury Street, Gillingham – £60,000 guide price
Another one in the Medway Towns, which is up for auction in September, is this terraced property, which is in need of some TLC but is an absolute steal.
Its bedrooms look to be a good size, so the home would work well for a family.
It's also close to Gillingham Park, which is perfect for the kids to burn off some energy before bedtime.
To find out more or to arrange a viewing, click here
One-bed bungalow in Minster, Sheppey –£64,000
Finally, we have this bargain on Sheppey. As well as a lounge, kitchen, bathroom and a bedroom, this property has a private garden and off-street parking.
It's also a 10-15 minute walk to either Minster Leas or Sheerness beach.
