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Paddock Wood House Prices

The average house price in Paddock Wood is £386,700 using HM Land Registry data.

The average property price increased by £202,816 (64.03%) over the last 5 years and increased by £40,535 (8.46%) over the last 12 months.

Over the last year, there were 70 residential property sales – a decrease of 136 transactions (-194.29%) relative to the previous year. The majority of house sales (19) were in the £352,000 - £414,000 range. Then came properties in the £290,000 - £352,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 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 36 new estate agency instructions, 9 agreed home sales and 12 property price reductions.

5-Year Average Property Prices in Paddock Wood

64.03%

Property prices in Paddock Wood increased by 64.03% 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 Paddock Wood Over the Last Year

8.46%

Property prices in Paddock Wood increased by 8.46% 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 Paddock Wood - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 Paddock Wood

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 Paddock Wood

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 Paddock Wood

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 Paddock Wood since 1995

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

Recent Property Sales in Paddock Wood

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
113 Warrington Road, Paddock Wood, Tonbridge, Kent, TN12 6JS	£465,000	£440,000	-£25,000	22 Aug 2023	06 Feb 2024	168 Days
6 Ringden Avenue, Paddock Wood, Tonbridge, Kent, TN12 6EE	£380,000	£370,000	-£10,000	19 Aug 2023	14 Dec 2023	117 Days
12 Old Kent Road, Paddock Wood, Tonbridge, Kent, TN12 6JD	£445,000	£445,000	£00	11 Dec 2023	11 Dec 2023	0 Days
47 Dimmock Close, Paddock Wood, Tonbridge, Kent, TN12 6HS	£375,000	£358,000	-£17,000	19 Jun 2023	08 Dec 2023	172 Days
26 Le Temple Road, Paddock Wood, Tonbridge, Kent, TN12 6HY	£349,950	£344,000	-£5,950	06 Jul 2023	07 Nov 2023	124 Days
30 Kiln Way, Paddock Wood, Tonbridge, Kent, TN12 6LF	£350,000	£335,000	-£15,000	14 Jul 2023	06 Nov 2023	115 Days
42 Allington Road, Paddock Wood, Tonbridge, Kent, TN12 6AN	£525,000	£505,000	-£20,000	24 Mar 2023	30 Oct 2023	220 Days
16 The Greenways, Paddock Wood, Tonbridge, Kent, TN12 6LS	£650,000	£628,500	-£21,500	13 Jun 2023	20 Oct 2023	129 Days
32 Church Road, Paddock Wood, Tonbridge, Kent, TN12 6HB	£350,000	£325,000	-£25,000	25 May 2023	18 Oct 2023	146 Days
4 The Bines, Paddock Wood, Tonbridge, Kent, TN12 6LN	£475,000	£465,000	-£10,000	09 May 2023	10 Oct 2023	154 Days
130 Warrington Road, Paddock Wood, Tonbridge, Kent, TN12 6JL	£500,000	£470,000	-£30,000	14 Jul 2023	09 Oct 2023	87 Days
27 Dimmock Close, Paddock Wood, Tonbridge, Kent, TN12 6HS	£330,000	£325,000	-£5,000	31 Mar 2023	06 Oct 2023	189 Days
15 St Andrews Close, Paddock Wood, Tonbridge, Kent, TN12 6JF	£299,995	£299,995	£00	03 Jun 2023	29 Sep 2023	118 Days
26 Warrington Road, Paddock Wood, Tonbridge, Kent, TN12 6HN	£600,000	£575,000	-£25,000	24 Apr 2023	15 Sep 2023	144 Days
106 Commercial Road, Paddock Wood, Tonbridge, Kent, TN12 6DP	£375,000	£375,000	£00	11 Oct 2022	30 Aug 2023	323 Days
30 Cogate Road, Paddock Wood, Tonbridge, Kent, TN12 6UE	£399,950	£385,000	-£14,950	08 Apr 2023	24 Aug 2023	138 Days
41 Ringden Avenue, Paddock Wood, Tonbridge, Kent, TN12 6ED	£250,000	£217,000	-£33,000	21 Dec 2022	21 Aug 2023	243 Days
78 Old Kent Road, Paddock Wood, Tonbridge, Kent, TN12 6JE	£340,000	£330,000	-£10,000	31 Mar 2023	01 Aug 2023	123 Days
20 Bramley Gardens, Paddock Wood, Tonbridge, Kent, TN12 6BD	£360,000	£360,000	£00	26 Apr 2023	14 Jul 2023	79 Days
25 Mascalls Park, Paddock Wood, Tonbridge, Kent, TN12 6LW	£795,000	£780,000	-£15,000	09 Feb 2023	22 Jun 2023	133 Days

Most Expensive Streets in Paddock Wood

Postcode	Street	Area	Average	No. of Sales
TN12 6YW	Rochester Place	Five Oak Green	£740,000	6
TN12 6FE	Cheeseman Drive	Paddock Wood	£715,714	7
TN12 6LW	Mascalls Park	Paddock Wood	£656,747	7
TN12 6QT	Milestone Court	Chantlers Hill	£655,000	8
TN12 6FX	Utah Road	Paddock Wood	£632,130	16
TN12 6BF	Green Lane	Paddock Wood	£631,500	5
TN12 6BH	The Violets	Paddock Wood	£624,166	3
TN12 6LS	The Greenways	Paddock Wood	£606,900	5
TN12 6FS	Morgan Way	Paddock Wood	£592,033	12
TN12 6LQ	Ashcroft Road	Paddock Wood	£583,625	4

Least Expensive Streets in Paddock Wood

Postcode	Street	Area	Average	No. of Sales
TN12 6HX	Bowls Place	Paddock Wood	£156,666	3
TN12 6YB	The Ridings	Paddock Wood	£199,241	6
TN12 6YA	The Ridings	Paddock Wood	£236,600	5
TN12 6FD	Bloxham Avenue	Paddock Wood	£237,308	6
TN12 6FP	Tully Drive	Paddock Wood	£238,125	6
TN12 6DG	Rosemary Place	Paddock Wood	£240,625	8
TN12 6BX	Nettlestead Oast	Paddock Wood	£273,571	7
TN12 6DS	Commercial Road	Paddock Wood	£277,142	7
TN12 6YE	Forge Way	Paddock Wood	£277,250	7
TN12 6JZ	The Cedars	Paddock Wood	£279,300	5