CT8 (Westgate-On-Sea) area guide

CT8
Westgate-On-Sea
The CT8 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Cliftonville West, Garlinge, Kent, Westbrook, Westgate-on-Sea.
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Notes:

A Mouseprice property guide for CT8 Westgate-On-Sea is coming soon. In the meantime, please have a look at the raw data and statistics about CT8 that can be found by click the relevant links on the left hand side.

Old area guide:

The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.

Market trends:

Canterbury propertyThe size of the property market in CT8 is 3311 homes.

Canterbury propertyProperty in this postcode district (CT8) has been growing at a nominal annual rate of 13.4% over the last 5 years. This rate can be indicative ofa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.

Canterbury propertyOver the last 3 months, the average property value for this postcode district has been £155947.

Canterbury propertyPrice earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 8.4.

Canterbury propertyNew transactions as a percentage of overall sales are 8.7%.

Housing stock:

Westgate-On-Sea propertyIf you are specifically looking to buy Flats, this would be an excellent area for you to explore, with 34% of properties being this type.

Westgate-On-Sea propertyThe least common type of property in this area is Detached Houses (14.6% of the total housing stock).

Westgate-On-Sea propertyThe property in this area caters well for retirees and young couples who do not have large families.

Westgate-On-Sea propertySocially rented accommodation represents 9.9% of the total rented accommodation in the area.

Westgate-On-Sea propertyThe majority of property in this area is owner occupied.

Westgate-On-Sea propertyThe average price of a two bed property in this area is less that the national average of £187894 at £162703.

Who lives here:

Westgate-On-Sea propertyWestgate-On-Sea propertyThis area is a haven for the retired, who make up 32.1% of the population.
Westgate-On-Sea propertySingle people make up 29.4% of the population in this postcode district.
Westgate-On-Sea propertyAverage working hours in this area for men are 43 and for women are 31.
Westgate-On-Sea propertyThis area has 31.3 people per square kilometre.
Westgate-On-Sea propertyThe largest source of work in this area is Health & Social Work (16.2% of workers), followed by Wholesale & Retail (15.9%).