Cranbrook (Kent) House Prices Cranbrook (Kent) House Prices

The average house price in Cranbrook (Kent) is £0 using HM Land Registry data.

The average property price increased by £119,192 (33.76%) over the last 5 years and increased by £23,822 (5.31%) over the last 12 months.

Over the last year, there were 41 residential property sales – a decrease of 8 transactions (-19.51%) relative to the previous year. The majority of house sales (13) were in the £260,000 - £376,000 range. Then came properties in the £376,000 - £492,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 186 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,331 (-3%).

In April 2024, there were 14 new estate agency instructions, 9 agreed home sales and 5 property price reductions.

5-Year Average Property Prices in Cranbrook (Kent)

33.76%

Property prices in Cranbrook (Kent) increased by 33.76% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Cranbrook (Kent) Over the Last Year

5.31%

Property prices in Cranbrook (Kent) increased by 5.31% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Cranbrook (Kent) - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Cranbrook (Kent)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Cranbrook (Kent)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Cranbrook (Kent)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Cranbrook (Kent) since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Cranbrook (Kent) area since 1995.

Recent Property Sales in Cranbrook (Kent)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Studio Cottage, High Street, Cranbrook, Kent, TN17 3DR£275,000£275,000£0011 Aug 202317 Oct 202367 Days
Ingoldsby, New Road, Cranbrook, Kent, TN17 3LE£420,000£420,000£0019 Jun 202308 Oct 2023111 Days
Lynden, Angley Road, Cranbrook, Kent, TN17 2PG£550,000£525,000-£25,00005 Jul 202321 Sep 202378 Days
35 Rectory Fields, Cranbrook, Kent, TN17 3JB£295,000£295,000£0009 Jan 202307 Sep 2023241 Days
Maryville, Causton Road, Cranbrook, Kent, TN17 3ER£680,000£680,000£0002 May 202301 Sep 2023122 Days
Hitherto, New Road, Cranbrook, Kent, TN17 3LE£895,000£865,500-£29,50001 Jan 202331 Aug 2023242 Days
8 Joyce Close, Cranbrook, Kent, TN17 3LZ£599,950£590,000-£9,95008 Mar 202318 Aug 2023163 Days
21 Rectory Fields, Cranbrook, Kent, TN17 3JB£230,000£215,000-£15,00005 Jul 202214 Aug 2023405 Days
Mount St Lawrence, High Street, Cranbrook, Kent, TN17 3EW£1,095,000£1,050,000-£45,00027 Jan 202313 Jul 2023167 Days
25 Joyce Close, Cranbrook, Kent, TN17 3LZ£745,000£745,000£0013 Jan 202313 Jul 2023181 Days
11 Brookside, Cranbrook, Kent, TN17 3BU£290,000£285,000-£5,00008 Mar 202303 Jul 2023117 Days
15 Angley Road, Cranbrook, Kent, TN17 3LR£400,000£391,500-£8,50006 Apr 202316 Jun 202371 Days
9 Kirby Close, Cranbrook, Kent, TN17 3DE£325,000£320,000-£5,00010 Nov 202226 May 2023197 Days
33 Oatfield Drive, Cranbrook, Kent, TN17 3LA£430,000£425,000-£5,00003 Jan 202312 May 2023129 Days
13 Frythe Close, Cranbrook, Kent, TN17 3AX£485,000£465,000-£20,00019 Dec 202206 Apr 2023108 Days
2 Russells Yard, Cranbrook, Kent, TN17 3HD£825,000£797,000-£28,00013 Jul 202204 Apr 2023265 Days
9 Oatfield Drive, Cranbrook, Kent, TN17 3NJ£475,000£446,250-£28,75004 Nov 202231 Mar 2023147 Days
10 Brookside, Cranbrook, Kent, TN17 3BU£285,000£285,000£0030 Nov 202231 Mar 2023121 Days
18 Wheatfield Way, Cranbrook, Kent, TN17 3LX£349,000£319,130-£29,87001 Nov 202228 Mar 2023147 Days
8 Wheatfield Drive, Cranbrook, Kent, TN17 3LU£495,000£475,000-£20,00023 Nov 202227 Mar 2023124 Days

Most Expensive Streets in Cranbrook (Kent)

PostcodeStreetAreaAverageNo. of Sales
TN17 2PLHeron MewsCranbrook£811,7857
TN17 2PNAngley ParkAngley Road£705,9504
TN17 3DNHigh StreetCranbrook£674,5003
TN17 3AYDorothy AvenueCranbrook£652,5004
TN17 3LENew RoadCranbrook£651,6254
TN17 2PGAngley RoadCranbrook£592,5004
TN17 3LRAngley RoadCranbrook£577,7506
TN17 3DZRope WalkCranbrook£566,6663
TN17 3BDFrythe WalkCranbrook£543,3163
TN17 3ERCauston RoadCranbrook£515,0003

Least Expensive Streets in Cranbrook (Kent)

PostcodeStreetAreaAverageNo. of Sales
TN17 3BPDr Hopes RoadCranbrook£178,5003
TN17 3DGCrane LaneCranbrook£193,3333
TN17 3AETippens CloseCranbrook£232,1663
TN17 3AHThe HillCranbrook£236,4166
TN17 3JBRectory FieldsCranbrook£238,04522
TN17 3HFStone StreetCranbrook£255,0003
TN17 3HSThe HillCranbrook£261,8333
TN17 2HLQuaker DriveCranbrook£264,2504
TN17 3AJThe HillCranbrook£267,8754
TN17 3DRHigh StreetCranbrook£275,4005

Explore Cranbrook (Kent) and Neighbouring Area House Prices