The Gravesend property market - compared to Dartford and Rochester

Knowledge is half the battle when deciding what (or not) to buy for your next property investment, because if you know something about the past, or what's happening now, it may help you anticipate the future.

A good guide to judge a property is the number of properties for sale, compared to the number that has been sold, subject to contract. When doing our research, we found in Gravesend around 235 properties available for sale and an additional 547 sold subject to contract – 70% of owners of property in the Gravesend area have a buyer, STC.

In Dartford, there are 149 properties available with an additional 563 properties having sales agreed on them – 79%! However, in Rochester, it’s a bit of a different story.  Of the 640 properties on the market, only 403 have buyers, just 63% are sold subject to contract.

Delving deeper into the Gravesend market, some sectors are doing better than others. Of the 196 flats on the market, just over half (111) have buyers. Of the 595 houses on the market, three quarters (446) have buyers. Deeper still, three bedroom semi-detached houses in Gravesend, over three quarters (78% to be precise) have buyers. As a comparison, the four beds have 70% of buyers and 85% of two bedroom houses also have a buyer. It would seem Gravesend is a popular place for purchasers at the moment – perhaps due to the recently announced Ebbsfleet Garden City?

For free advice on anything to do with the property sector, call us on 01474 833050/01322 860500, email us here, or visit our website here. Don’t forget, you’re always welcome in our offices for a cheeky cuppa.