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Tonbridge House Prices Tonbridge House Prices

The average house price in Tonbridge is £313,950 using HM Land Registry data.

The average property price increased by £112,137 (29.87%) over the last 5 years and increased by £22,411 (4.82%) over the last 12 months.

Over the last year, there were 341 residential property sales – a decrease of 233 transactions (-68.33%) relative to the previous year. The majority of house sales (73) were in the £422,000 - £518,000 range. Then came properties in the £326,000 - £422,000 range, where 72 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,046 (-3%).

In April 2024, there were 102 new estate agency instructions, 64 agreed home sales and 53 property price reductions.

Neighbouring Areas: Hildenborough

Postcodes Covered: TN10, TN11, TN9

5-Year Average Property Prices in Tonbridge

29.87%

Property prices in Tonbridge increased by 29.87% 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 Tonbridge Over the Last Year

4.82%

Property prices in Tonbridge increased by 4.82% 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 Tonbridge - 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 Tonbridge

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 Tonbridge

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 Tonbridge

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 Tonbridge since 1995

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

Recent Property Sales in Tonbridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
84 Dernier Road, Tonbridge, Kent, TN10 3EW£425,000£415,000-£10,00015 Aug 202322 Mar 2024220 Days
20 Cornfield Way, Tonbridge, Kent, TN10 3PT£620,000£615,000-£5,00016 Oct 202308 Mar 2024144 Days
15 Royal Rise, Tonbridge, Kent, TN9 2DQ£425,000£409,000-£16,00014 Sep 202326 Feb 2024165 Days
Flat 28, Merryfield Court, Waterloo Road, Tonbridge, Kent, TN9 2SL£200,000£195,000-£5,00021 Jun 202322 Feb 2024246 Days
24 Denbeigh Drive, Tonbridge, Kent, TN10 3PW£575,000£567,500-£7,50014 Nov 202330 Jan 202477 Days
12 Meadow Road, Tonbridge, Kent, TN9 2SX£475,000£440,000-£35,00015 Oct 202325 Jan 2024102 Days
10 Priory Road, Tonbridge, Kent, TN9 2AQ£375,000£367,500-£7,50010 Aug 202319 Jan 2024162 Days
111 Higham Lane, Tonbridge, Kent, TN10 4BX£600,000£560,000-£40,00028 Apr 202312 Jan 2024259 Days
16 Castle Field, Tonbridge, Kent, TN9 1HS£275,000£267,500-£7,50031 Jan 202319 Dec 2023322 Days
4 Pen Way, Tonbridge, Kent, TN10 4JN£410,000£388,000-£22,00003 Jul 202315 Dec 2023165 Days
1 Caistor Road, Tonbridge, Kent, TN9 1UT£650,000£618,000-£32,00023 May 202313 Dec 2023204 Days
Flat 16, Merryfield Court, Waterloo Road, Tonbridge, Kent, TN9 2SL£140,000£140,000£0005 Jun 202305 Dec 2023183 Days
63 Trench Road, Tonbridge, Kent, TN10 3HF£400,000£380,000-£20,00029 Jul 202301 Dec 2023125 Days
57 Molescroft Way, Tonbridge, Kent, TN9 2QS£450,000£430,000-£20,00003 Jul 202330 Nov 2023150 Days
21 Hadlow Road, Tonbridge, Kent, TN9 1LE£800,000£767,500-£32,50014 Jun 202327 Nov 2023166 Days
4 Charlton Terrace, Tonbridge, Kent, TN9 1PG£1,100,000£1,075,000-£25,00011 Jul 202324 Nov 2023136 Days
63 Brindles Field, Tonbridge, Kent, TN9 2YR£725,000£705,000-£20,00024 Jun 202323 Nov 2023152 Days
18 Rodney Avenue, Tonbridge, Kent, TN10 4JR£490,000£430,000-£60,00007 Jul 202317 Nov 2023133 Days
47 Hopgarden Road, Tonbridge, Kent, TN10 4QT£450,000£422,500-£27,50019 Aug 202316 Nov 202389 Days
63 Turner Road, Tonbridge, Kent, TN10 4AG£380,000£375,000-£5,00031 Jul 202314 Nov 2023106 Days

Most Expensive Streets in Tonbridge

PostcodeStreetAreaAverageNo. of Sales
TN9 1NEYardley Park RoadTonbridge£1,803,7504
TN11 9LZSpringwood ParkTonbridge£1,747,5004
TN9 1QBHadlow RoadTonbridge£1,208,3333
TN10 3BXDry Hill Park RoadTonbridge£1,185,0003
TN9 1NFYardley Park RoadTonbridge£1,151,0005
TN9 1NSThe HaydensTonbridge£1,086,62510
TN10 4NHThe RidgewayTonbridge£1,084,0004
TN10 4NURochester RoadTonbridge£1,056,6663
TN10 4NTExeter CloseTonbridge£1,011,6663
TN10 4NLThe RidgewayTonbridge£968,7504

Least Expensive Streets in Tonbridge

PostcodeStreetAreaAverageNo. of Sales
TN10 4AQHoward DriveTonbridge£61,2504
TN10 3EQAtkins CloseTonbridge£116,3505
TN9 1FDBreach HouseCannons Wharf£123,75010
TN9 1TLSteel House 33Avebury Avenue£127,0559
TN9 1FUBlue Bell CourtSovereign Way£138,36513
TN9 1EQDavit HouseCannons Wharf£138,87510
TN9 2QGScott RoadTonbridge£141,2504
TN9 1QUCastle CourtHadlow Road£150,90421
TN9 1SYNavigation HouseMedway Wharf Road£151,8984
TN9 1GSHolmes CourtMedway Wharf Road£155,27220

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