House Prices in TN1 House Prices in TN1 (Tunbridge Wells)

The average house price in TN1 (Tunbridge Wells) is £447,653 using HM Land Registry data.

The average property price increased by £21,735 (39.84%) over the last 5 years and increased by £4,355 (5.5%) over the last 12 months.

Over the last year, there were 176 residential property sales – a decrease of 35 transactions (-19.89%) relative to the previous year. The majority of house sales (62) were in the £190,000 - £340,000 range. Then came properties in the £340,000 - £490,000 range, where 43 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 148 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-16,613 (-2%).

In Dec 24, there were 16 new estate agency instructions, 17 agreed home sales and 13 property price reductions.

5-Year Average Property Prices in TN1 (Tunbridge Wells)

39.84%

Property prices in Tunbridge Wells increased by 39.84% 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 TN1 (Tunbridge Wells) Over the Last Year

5.5%

Property prices in Tunbridge Wells increased by 5.5% 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 TN1 (Tunbridge Wells) - Dec 24

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 TN1 (Tunbridge Wells)

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 TN1 (Tunbridge Wells)

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 TN1 (Tunbridge Wells)

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 TN1 (Tunbridge Wells) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN1 postcode area since 1995.

Recent Sales in TN1 (Tunbridge Wells)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
152 Upper Grosvenor Road, Tunbridge Wells, Kent, TN1 2ED£979,500£975,000-£4,50016 May 202412 Nov 2024180 Days
Flat 3, Rose Hill House, Clarence Road, Tunbridge Wells, Kent, TN1 1HB£325,000£305,960-£19,04006 Jun 202405 Nov 2024152 Days
73 Dudley Road, Tunbridge Wells, Kent, TN1 1LE£165,000£155,000-£10,00002 Feb 202430 Oct 2024271 Days
55 Beulah Road, Tunbridge Wells, Kent, TN1 2NS£615,000£600,000-£15,00024 May 202428 Oct 2024157 Days
14 Vernon Road, Tunbridge Wells, Kent, TN1 2JA£375,000£375,000£0021 Jun 202426 Oct 2024127 Days
49 Grosvenor Park, Tunbridge Wells, Kent, TN1 2BB£725,000£700,000-£25,00024 May 202418 Oct 2024147 Days
40 York Road, Tunbridge Wells, Kent, TN1 1JY£1,000,000£975,000-£25,00025 Jan 202417 Oct 2024266 Days
50a, London Road, Tunbridge Wells, Kent, TN1 1DT£210,000£197,500-£12,50011 Mar 202409 Oct 2024212 Days
18 Dukes Road, Tunbridge Wells, Kent, TN1 2PA£475,000£447,000-£28,00013 Apr 202404 Oct 2024174 Days
20 Albion Road, Tunbridge Wells, Kent, TN1 2PF£650,000£630,000-£20,00022 Feb 202412 Aug 2024172 Days
68a, Claremont Road, Tunbridge Wells, Kent, TN1 1TH£300,000£280,000-£20,00008 Apr 202406 Aug 2024120 Days
6 Western Road, Tunbridge Wells, Kent, TN1 2JJ£375,000£370,000-£5,00017 Jan 202424 Jul 2024189 Days
44 Granville Road, Tunbridge Wells, Kent, TN1 2NU£485,000£470,000-£15,00003 Oct 202315 Jul 2024286 Days
40 Quarry Road, Tunbridge Wells, Kent, TN1 2EZ£350,000£340,000-£10,00004 Aug 202314 Jun 2024315 Days
3 Carlton Crescent, Tunbridge Wells, Kent, TN1 2JR£675,000£675,000£0029 Feb 202407 Jun 202499 Days
10 Calverley Park, Tunbridge Wells, Kent, TN1 2SH£3,000,000£3,000,000£0021 Sep 202331 May 2024253 Days
6 Stanhope Road, Tunbridge Wells, Kent, TN1 2HY£325,000£315,000-£10,00022 Dec 202330 May 2024160 Days
57 Mount Sion, Tunbridge Wells, Kent, TN1 1TN£900,000£900,000£0007 Jun 202316 May 2024344 Days
34 Newton Road, Tunbridge Wells, Kent, TN1 1RU£325,000£322,500-£2,50026 Dec 202301 May 2024127 Days
29 St James Park, Tunbridge Wells, Kent, TN1 2LG£700,000£670,000-£30,00006 Jul 202319 Apr 2024288 Days

Most Expensive Streets in TN1 (Tunbridge Wells)

PostcodeStreetAreaAverageNo. of Sales
TN1 2SHCalverley ParkTunbridge Wells£3,451,6663
TN1 2SLCalverley ParkTunbridge Wells£2,419,3754
TN1 1TSEden RoadTunbridge Wells£1,490,0003
TN1 1SYClaremont RoadTunbridge Wells£1,318,5005
TN1 2NBCalverley Park CrescentTunbridge Wells£1,066,2504
TN1 1TQBuckingham RoadTunbridge Wells£958,0333
TN1 1UJCumberland WalkTunbridge Wells£949,78110
TN1 1UWChristchurch AvenueTunbridge Wells£942,9905
TN1 1TBArundel RoadTunbridge Wells£942,2508
TN1 2NJLansdowne RoadTunbridge Wells£940,0004

Least Expensive Streets in TN1 (Tunbridge Wells)

PostcodeStreetAreaAverageNo. of Sales
TN1 2QYCamden RoadTunbridge Wells£138,3333
TN1 2SFCamden Court, Camden RoadTunbridge Wells£139,2504
TN1 2DUUpper Grosvenor RoadTunbridge Wells£146,2504
TN1 2AHGrosvenor RoadTunbridge Wells£175,8005
TN1 1LFDudley RoadTunbridge Wells£193,32911
TN1 1SNMountfield Court, Grove Hill RoadTunbridge Wells£199,3754
TN1 1JTChurch RoadTunbridge Wells£199,5006
TN1 2DYUpper Grosvenor RoadTunbridge Wells£202,03318
TN1 2EPUpper Grosvenor RoadTunbridge Wells£206,21414
TN1 2XLGarden RoadTunbridge Wells£208,90010

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