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New Romney House Prices

The average house price in New Romney is £309,166 using HM Land Registry data.

The average property price increased by £7,182 (2.19%) over the last 5 years and increased by £1,439 (0.43%) over the last 12 months.

Over the last year, there were 38 residential property sales – a decrease of 10 transactions (-26.32%) relative to the previous year. The majority of house sales (13) were in the £296,000 - £364,000 range. Then came properties in the £160,000 - £228,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 166 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,088 (-2%).

In March 2025, there were 15 new estate agency instructions, 11 agreed home sales and 7 property price reductions.

5-Year Average Property Prices in New Romney

2.19%

Property prices in New Romney increased by 2.19% 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 New Romney Over the Last Year

0.43%

Property prices in New Romney increased by 0.43% 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.

Property Market Heat Gauge for New Romney - March 2025

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 New Romney

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 New Romney

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 New Romney

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 New Romney since 1995

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

Recent Property Sales in New Romney

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Chalfont, Church Road, New Romney, Kent, TN28 8EY	£450,000	£430,000	-£20,000	02 Oct 2024	23 Jan 2025	113 Days
Ardenrun, Sussex Road, New Romney, Kent, TN28 8DT	£495,000	£478,000	-£17,000	24 Apr 2024	19 Dec 2024	239 Days
Cherry Tree House, Cannon Street, New Romney, Kent, TN28 8BJ	£395,000	£375,000	-£20,000	11 Apr 2024	18 Nov 2024	221 Days
Page House, Cannon Street, New Romney, Kent, TN28 8BH	£400,000	£375,000	-£25,000	15 Apr 2024	06 Nov 2024	205 Days
Buttfield Cottage, Church Road, New Romney, Kent, TN28 8EY	£350,000	£345,000	-£5,000	04 Oct 2024	06 Nov 2024	33 Days
8 Wells Close, New Romney, Kent, TN28 8XS	£175,000	£175,000	£0	03 Sep 2024	30 Oct 2024	57 Days
6 Broadlands Crescent, New Romney, Kent, TN28 8JF	£500,000	£478,000	-£22,000	22 May 2024	27 Sep 2024	128 Days
17 Gloucester Mews, New Romney, Kent, TN28 8XQ	£400,000	£400,000	£0	08 May 2024	20 Sep 2024	135 Days
17 Carey Close, New Romney, Kent, TN28 8XN	£250,000	£243,000	-£7,000	16 Feb 2024	17 Jul 2024	152 Days
Sefton Lawn, Sussex Road, New Romney, Kent, TN28 8HL	£600,000	£580,000	-£20,000	26 Dec 2023	28 Jun 2024	185 Days
19 Harwick Drive, New Romney, Kent, TN28 8XB	£325,000	£295,000	-£30,000	27 Nov 2023	24 May 2024	179 Days
19 Priory Close, New Romney, Kent, TN28 8HH	£375,000	£360,000	-£15,000	18 Oct 2023	23 Feb 2024	128 Days
13 Station Road, New Romney, Kent, TN28 8LG	£425,000	£415,000	-£10,000	05 Sep 2023	05 Jan 2024	122 Days
14 Broadlands Avenue, New Romney, Kent, TN28 8JE	£350,000	£330,000	-£20,000	03 Jul 2023	20 Dec 2023	170 Days
Delamere, Spitalfield Lane, New Romney, Kent, TN28 8HQ	£575,000	£575,000	£0	07 Apr 2023	21 Nov 2023	228 Days
4 West Street, New Romney, Kent, TN28 8DG	£300,000	£282,000	-£18,000	06 Sep 2022	20 Jun 2023	287 Days
5 Windsor Mews, New Romney, Kent, TN28 8UU	£495,950	£495,950	£0	28 Feb 2023	12 May 2023	73 Days
10 The Meadows, New Romney, Kent, TN28 8US	£240,000	£230,000	-£10,000	11 Nov 2022	28 Apr 2023	168 Days
3 Sussex Road, New Romney, Kent, TN28 8EG	£159,950	£150,000	-£9,950	07 Apr 2011	06 Apr 2023	4382 Days
Old Strand, Church Road, New Romney, Kent, TN28 8EY	£650,000	£612,500	-£37,500	30 Aug 2022	06 Apr 2023	219 Days

Most Expensive Streets in New Romney

Postcode	Street	Area	Average	No. of Sales
TN28 8HQ	Spitalfield Lane	New Romney	£539,375	4
TN28 8BH	Cannon Street	New Romney	£473,333	3
TN28 8FT	Crispin Close	New Romney	£469,107	7
TN28 8FS	Pixie Way	New Romney	£450,311	8
TN28 8JL	Rolfe Lane	New Romney	£443,250	10
TN28 8JA	Fairfield Close	New Romney	£428,333	3
TN28 8JF	Broadlands Crescent	New Romney	£424,600	5
TN28 8EY	Church Road	New Romney	£417,200	5
TN28 8XD	Melbury Mews	New Romney	£411,875	4
TN28 8JP	Rolfe Lane	New Romney	£405,600	5

Least Expensive Streets in New Romney

Postcode	Street	Area	Average	No. of Sales
TN28 8AT	High Street	New Romney	£131,500	4
TN28 8BU	St. Lawrence Court	High Street, New Romney	£131,666	3
TN28 8LH	Mountfield Road	New Romney	£177,888	9
TN28 8DE	Victoria Street	New Romney	£182,000	5
TN28 8XN	Carey Close	New Romney	£183,428	7
TN28 8LD	The Churchlands	New Romney	£194,000	3
TN28 8XS	Wells Close	New Romney	£207,142	7
TN28 8TY	Church Road	New Romney	£209,000	10
TN28 8UE	Dymchurch Road	New Romney	£218,500	5
TN28 8DN	Smugglers Mews	New Romney	£235,142	7