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Pembury House Prices Pembury House Prices

The average house price in Pembury is £434,166 using HM Land Registry data.

The average property price increased by £107,754 (25.43%) over the last 5 years and increased by £21,535 (4.22%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 28 transactions (-56.00%) relative to the previous year. The majority of house sales (17) were in the £390,000 - £460,000 range. Then came properties in the £320,000 - £390,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 49 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,230 (-3%).

In April 2024, there were 17 new estate agency instructions, 3 agreed home sales and 5 property price reductions.

Postcodes Covered: TN2

5-Year Average Property Prices in Pembury

25.43%

Property prices in Pembury increased by 25.43% 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 Pembury Over the Last Year

4.22%

Property prices in Pembury increased by 4.22% 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 Pembury - 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 Pembury

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 Pembury

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 Pembury

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 Pembury since 1995

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

Recent Property Sales in Pembury

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
1 Woodside Close, Pembury, Tunbridge Wells, Kent, TN2 4BQ£525,000£500,000-£25,00012 Oct 202302 Feb 2024113 Days
9 Stanam Road, Pembury, Tunbridge Wells, Kent, TN2 4LD£485,000£485,000£0027 May 202311 Dec 2023198 Days
15 The Meadow, Pembury, Tunbridge Wells, Kent, TN2 4EH£465,000£442,500-£22,50008 Jun 202311 Dec 2023186 Days
7 Romford Road, Pembury, Tunbridge Wells, Kent, TN2 4HU£400,000£375,000-£25,00012 May 202308 Dec 2023210 Days
47 High Street, Pembury, Tunbridge Wells, Kent, TN2 4PH£350,000£330,000-£20,00021 Jun 202328 Nov 2023160 Days
7 Stanam Road, Pembury, Tunbridge Wells, Kent, TN2 4LD£450,000£425,000-£25,00007 Jul 202331 Oct 2023116 Days
8 Amberleaze Drive, Pembury, Tunbridge Wells, Kent, TN2 4HF£445,000£445,000£0001 Aug 202327 Oct 202387 Days
9 Amberleaze Drive, Pembury, Tunbridge Wells, Kent, TN2 4HF£495,000£490,000-£5,00001 Aug 202327 Oct 202387 Days
Second Floor Flat, 31, High Street, Pembury, Tunbridge Wells, Kent, TN2 4PH£235,000£230,000-£5,00020 Dec 202213 Oct 2023297 Days
126 Beagles Wood Road, Pembury, Tunbridge Wells, Kent, TN2 4JH£335,000£335,000£0017 Jul 202311 Oct 202386 Days
71 Woodhill Park, Pembury, Tunbridge Wells, Kent, TN2 4NP£500,000£496,750-£3,25031 May 202304 Oct 2023126 Days
Jenina, High Street, Pembury, Tunbridge Wells, Kent, TN2 4PH£695,000£667,817-£27,18314 Apr 202318 Sep 2023157 Days
32 Batchelors, Pembury, Tunbridge Wells, Kent, TN2 4ED£399,950£390,000-£9,95017 Jan 202315 Sep 2023241 Days
76 Henwood Green Road, Pembury, Tunbridge Wells, Kent, TN2 4LN£450,000£430,000-£20,00014 Mar 202304 Sep 2023174 Days
Gatesgarth, Lower Green Road, Pembury, Tunbridge Wells, Kent, TN2 4DZ£625,000£609,100-£15,90014 Apr 202301 Sep 2023140 Days
80 Henwood Green Road, Pembury, Tunbridge Wells, Kent, TN2 4LN£495,000£470,000-£25,00001 Mar 202331 Aug 2023183 Days
18 Bulls Place, Pembury, Tunbridge Wells, Kent, TN2 4HJ£295,000£283,000-£12,00021 Apr 202301 Aug 2023102 Days
7 The Forstal, Pembury, Tunbridge Wells, Kent, TN2 4EG£450,000£430,000-£20,00024 Mar 202327 Jul 2023125 Days
105 Hastings Road, Pembury, Tunbridge Wells, Kent, TN2 4JU£325,000£310,000-£15,00031 Dec 202224 Jul 2023205 Days
6 The Paddock, Pembury, Tunbridge Wells, Kent, TN2 4NR£435,000£427,500-£7,50014 Dec 202221 Jul 2023219 Days

Most Expensive Streets in Pembury

PostcodeStreetAreaAverageNo. of Sales
TN2 4DZLower Green RoadPembury£796,3007
TN2 4PBHastings RoadPembury£753,3333
TN2 4LWHenwood Green RoadPembury£676,5433
TN2 4DNHerons WayPembury£662,6005
TN2 4PQCamden AvenuePembury£661,0003
TN2 4JSHastings RoadPembury£648,5717
TN2 4ABNursery MewsPembury£636,0007
TN2 4BXGimble WayPembury£624,7857
TN2 4HFAmberleaze DrivePembury£621,8754
TN2 4NJWoodsgate WayPembury£602,1254

Least Expensive Streets in Pembury

PostcodeStreetAreaAverageNo. of Sales
TN2 4DUBeech HurstPembury£215,3333
TN2 4PJSycamore CottagesHigh Street, Pembury£243,5003
TN2 4LRHenwood Green RoadPembury£281,0005
TN2 4JTCanterbury RoadPembury£295,7508
TN2 4EDBatchelorsPembury£317,5717
TN2 4HZBeagles Wood RoadPembury£338,0004
TN2 4JHBeagles Wood RoadPembury£340,1003
TN2 4ESRidgewayPembury£344,54511
TN2 4HYBeagles Wood RoadPembury£350,4005
TN2 4BSChurch RoadPembury£362,20010

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