Newly released data has pinpointed a pretty seaside neighbourhood in South East England where homes cost an average of just £175,000.
Cliftonville West, a suburb of Margate in Kent, is famous for its white cliffs, two beaches and seafront promenade and park. It also has a vibrant community, with so much going on that it was named one of the top 10 coolest neighbourhoods in the world by Time Out in 2022.
Time Out said Cliftonville is “home to one of the UK’s most thriving artistic communities, largely due to an influx of creative ex-Londoners who’ve flocked to the area’s affordable housing and studio spaces”. The area, the news outlet added, has evolved to become home to record shops, cafes and conscious groceries, as well as “game-changing community-funded venues such as queer bar Camp and gallery Quench”.
Given all this, it’s somewhat surprising that this area has been identified as the most affordable neighbourhood in Kent for homebuyers. According to sales over the past year, Rightmove places the overall average property price in Kent at £417,374.
However, Online Marketing Strategy and Cardinal Steels used data from the Office for National Statistics to rank neighbourhoods across Kent based on their average house prices for the year ending March 2024. They found that Thanet appears to be the go-to location for those looking to save money – with Cliftonville West in Margate being the county’s most economical neighbourhood. Here, the median house price is a very reasonable £175,000.
Gravesend Town follows closely behind with a median house price of £184,000, while Dover West takes third place with £195,000, reports Kent Live. Folkestone Harbour ranks fourth among the cheapest neighbourhoods, boasting a median house price of £200,000.
On the other hand, it may not be surprising that most of Kent’s priciest neighbourhoods are found within Sevenoaks and Tunbridge Wells. Sevenoaks West and Chevening emerged as the county’s most expensive area, where homes command a median price tag of £877,500 – more than double the wider Kent average.
The second priciest area in the county is also located in Sevenoaks, with the Sevenoaks Town and Weald neighbourhood boasting a median house price of £777,500 in the year to March 2024. Langton Green, Speldhurst and Bidborough in Tunbridge Wells takes third place, with a median house price of £758,068.
The only Kent neighbourhood to make it into the top 10 most expensive areas without being from either of these towns is Gravesham‘s Sole Street and Vigo, which comes in sixth place with a median house price of £600,000.
Scroll down to see the full rankings.
Kent’s 10 cheapest neighbourhoods in 2024.
Median House Price (year ending March 2024).
Cliftonville West – £175,000.
Gravesend Town – £184,000.
Dover West – £195,000.
Folkestone Harbour – £200,000.
Sheerness East – £200,000.
Dover East – £204,000.
Buckland and St Radigunds – £205,000
Sheerness West – £210,000
Sittingbourne Central and Milton Regis – £210,000
Herne Bay Parade – £212,000.
Kent’s 10 most expensive neighbourhoods in 2024.
Median House Price (year ending March 2024)
Sevenoaks West and Chevening – £877,500
Sevenoaks Town and Weald – £777,500
Langton Green, Speldhurst and Bidborough – £758,068
Hever, Leigh and Penshurst – £727,500
Tunbridge Wells South – £605,000
Sole Street and Vigo – £600,000
Hartley and Hodsoll Street – £600,000
Kemsing and Otford – £585,000
Goudhurst, Horsmonden and Lamberhurst – £555,000
Knockholt, Shoreham and Dunton Green – £545,000
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