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Marden House Prices Marden House Prices

The average house price in Marden is £420,000 using HM Land Registry data.

The average property price decreased by £135,797 (--26.37%) over the last 5 years and decreased by £27,140 (--6.68%) over the last 12 months.

Over the last year, there were 32 residential property sales – a decrease of 46 transactions (-143.75%) relative to the previous year. The majority of house sales (7) were in the £190,000 - £262,000 range. Then came properties in the £262,000 - £334,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 69 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,535 (-3%).

In April 2024, there were 6 new estate agency instructions, 4 agreed home sales and 1 property price reductions.

Postcodes Covered: TN12

5-Year Average Property Prices in Marden

-26.37%

Property prices in Marden decreased by -26.37% 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 Marden Over the Last Year

-6.68%

Property prices in Marden decreased by -6.68% 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 Marden - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer 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 Marden

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 Marden

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 Marden

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 Marden since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Marden area since 1995.

Recent Property Sales in Marden

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Barrel Arch Close, Marden, Tonbridge, Kent, TN12 9QQ£375,000£345,000-£30,00026 Sep 202301 Mar 2024157 Days
20 Bramley Court, Marden, Tonbridge, Kent, TN12 9QN£215,000£205,000-£10,00006 Apr 202330 Aug 2023146 Days
68 Sovereigns Way, Marden, Tonbridge, Kent, TN12 9QF£310,000£300,000-£10,00014 Apr 202307 Aug 2023115 Days
Oak Cottage, Maidstone Road, Marden, Tonbridge, Kent, TN12 9AG£500,000£490,000-£10,00015 May 202328 Jul 202374 Days
Whitethorns, Stanley Road, Marden, Tonbridge, Kent, TN12 9EL£425,000£400,000-£25,00001 Sep 202219 Jul 2023321 Days
11 Haffenden Close, Marden, Tonbridge, Kent, TN12 9TD£525,000£490,000-£35,00003 Jan 202319 Jul 2023197 Days
14 Lucks Way, Marden, Tonbridge, Kent, TN12 9QW£335,000£315,000-£20,00014 Feb 202304 Jul 2023140 Days
Carrera, Howland Road, Marden, Tonbridge, Kent, TN12 9EX£355,000£350,000-£5,00005 Dec 202209 Jun 2023186 Days
21 Bramley Court, Marden, Tonbridge, Kent, TN12 9QN£225,000£210,000-£15,00014 Jun 202217 Mar 2023276 Days
11 Bramley Court, Marden, Tonbridge, Kent, TN12 9QN£195,000£190,000-£5,00004 Mar 202209 Mar 2023370 Days
The Bridge House, High Street, Marden, Tonbridge, Kent, TN12 9DP£1,250,000£1,200,000-£50,00005 Jul 202210 Feb 2023220 Days
18 Oak Tree Close, Marden, Tonbridge, Kent, TN12 9EW£239,950£239,950£0016 Jun 202204 Nov 2022141 Days
Claremont, Howland Road, Marden, Tonbridge, Kent, TN12 9ET£475,000£475,000£0028 Apr 202228 Oct 2022183 Days
20 The Cockpit, Marden, Tonbridge, Kent, TN12 9TQ£325,000£322,500-£2,50008 Jul 202221 Oct 2022105 Days
76 Chantry Road, Marden, Tonbridge, Kent, TN12 9JD£435,000£435,000£0001 Jul 202230 Sep 202291 Days
Roslyn, Goudhurst Road, Marden, Tonbridge, Kent, TN12 9JG£510,000£500,000-£10,00012 Apr 202205 Aug 2022115 Days
Chantry House, Church Green, Marden, Tonbridge, Kent, TN12 9HL£995,000£950,000-£45,00005 Mar 202229 Jul 2022146 Days
17 Ballard Close, Marden, Tonbridge, Kent, TN12 9HW£200,000£190,000-£10,00028 Mar 202229 Jul 2022123 Days
11 Cranham Square, Marden, Tonbridge, Kent, TN12 9TG£140,000£133,782-£6,21826 May 202117 Jun 2022387 Days
22 Bramley Court, Marden, Tonbridge, Kent, TN12 9QN£197,500£195,000-£2,50001 Nov 202116 Jun 2022227 Days

Most Expensive Streets in Marden

PostcodeStreetAreaAverageNo. of Sales
TN12 9FYClover DriveMarden£743,3333
TN12 9FXPrimrose CloseTonbridge£694,9949
TN12 9AEPrinces VillasMarden£685,6663
TN12 9DPHigh StreetMarden£662,6663
TN12 9GRThe WicketsMarden£650,0003
TN12 9FSEndeavour DriveMarden£640,0519
TN12 9AGMaidstone RoadMarden£635,7779
TN12 9GTSeymour DriveMarden£571,36838
TN12 9FNAdmiral WayMarden£549,41613
TN12 9FTPioneer AvenueMarden£538,02119

Least Expensive Streets in Marden

PostcodeStreetAreaAverageNo. of Sales
TN12 9EWOak Tree CloseMarden£197,7374
TN12 9HWBallard CloseMarden£207,6005
TN12 9QNBramley CourtMarden£209,12516
TN12 9QEMedway CottagesPattenden Lane£221,6663
TN12 9TQThe CockpitMarden£233,7005
TN12 9HUChantry RoadMarden£271,2504
TN12 9HAGrimwood CottagesMarden£283,3333
TN12 9QFSovereigns WayMarden£305,7147
TN12 9QQBarrel Arch CloseMarden£313,3333
TN12 9JUSpring Grove CottagesGoudhurst Road£342,0004

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