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House Prices in TN11 House Prices in TN11 (Tonbridge)

The average house price in TN11 (Tonbridge) is £757,583 using HM Land Registry data.

The average property price increased by £265,771 (15.86%) over the last 5 years and increased by £53,251 (2.57%) over the last 12 months.

Over the last year, there were 90 residential property sales – a decrease of 77 transactions (-85.56%) relative to the previous year. The majority of house sales (24) were in the £330,000 - £504,000 range. Then came properties in the £504,000 - £678,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-27,525 (-3%).

In Oct 24, there were 54 new estate agency instructions, 29 agreed home sales and 31 property price reductions.

Nearby Postcodes: BN24, BN27, BN8, BR6, CT18, CT21, CT4, DA13, DA3, DA4, ME13, ME15, ME16, ME17, ME18, ME19, RH17, RH18, RH19, RH7, RH8, TN1, TN10, TN12, TN13, TN14, TN15, TN16, TN17, TN18, TN19, TN2, TN20, TN21, TN22, TN23, TN24, TN25, TN26, TN27, TN28, TN29, TN3, TN30, TN31, TN32, TN33, TN34, TN35, TN36, TN37, TN38, TN39, TN4, TN40, TN5, TN6, TN7, TN8, TN9

5-Year Average Property Prices in TN11 (Tonbridge)

15.86%

Property prices in Tonbridge increased by 15.86% 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 TN11 (Tonbridge) Over the Last Year

2.57%

Property prices in Tonbridge increased by 2.57% 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 TN11 (Tonbridge) - Oct 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 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 TN11 (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 TN11 (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 TN11 (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 TN11 (Tonbridge) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN11 postcode area since 1995.

Recent Sales in TN11 (Tonbridge)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
11 The Glebe, Penshurst, Tonbridge, Kent, TN11 8DR£700,000£607,000-£93,00002 Apr 202405 Aug 2024125 Days
5 Brookmead, Hildenborough, Tonbridge, Kent, TN11 9DJ£575,000£540,000-£35,00018 Aug 202325 Jul 2024342 Days
Leavers Oast, Stanford Lane, Hadlow, Tonbridge, Kent, TN11 0JN£1,195,000£1,195,000£0014 Mar 202412 Jul 2024120 Days
30 Mount Pleasant, Hildenborough, Tonbridge, Kent, TN11 9JQ£395,000£385,500-£9,50019 Jan 202409 Jul 2024172 Days
23 Vauxhall Gardens, Tonbridge, Kent, TN11 0LZ£1,250,000£1,175,000-£75,00023 Feb 202426 Jun 2024124 Days
9 Victoria Road, Golden Green, Tonbridge, Kent, TN11 0LL£400,000£394,000-£6,00019 Jan 202421 Jun 2024154 Days
14 Park Avenue, Hildenborough, Tonbridge, Kent, TN11 9DE£375,000£350,000-£25,00005 Mar 202417 Jun 2024104 Days
Engineers Cottage, High Street, Leigh, Tonbridge, Kent, TN11 8RN£875,000£875,000£0018 Jan 202412 Jun 2024146 Days
Bombers Cottage, Lower Green, Leigh, Tonbridge, Kent, TN11 8RU£1,150,000£1,115,000-£35,00009 Jan 202412 Jun 2024155 Days
Sacradown, London Road, Hildenborough, Tonbridge, Kent, TN11 8NG£1,495,000£1,475,000-£20,00005 Oct 202331 May 2024239 Days
17 Elm Grove, Hildenborough, Tonbridge, Kent, TN11 9HF£775,000£745,000-£30,00019 Dec 202321 May 2024154 Days
65 Ashley Road, Hildenborough, Tonbridge, Kent, TN11 9EA£485,000£475,000-£10,00015 Mar 202409 May 202455 Days
6 Bourne Park, Golden Green, Tonbridge, Kent, TN11 0AZ£270,000£250,000-£20,00018 Oct 202330 Apr 2024195 Days
Bank Wood, Bank Lane, Hildenborough, Tonbridge, Kent, TN11 8NR£1,750,000£1,637,000-£113,00013 Sep 202315 Apr 2024215 Days
22 The Freehold, Hadlow, Tonbridge, Kent, TN11 0ES£325,000£320,000-£5,00028 Jul 202326 Mar 2024242 Days
24 North Frith Park, Hadlow, Tonbridge, Kent, TN11 9QW£595,000£565,000-£30,00008 Sep 202318 Mar 2024192 Days
5 Meadway, Hildenborough, Tonbridge, Kent, TN11 9HA£520,000£505,000-£15,00024 Oct 202314 Mar 2024142 Days
70 Hilden Park Road, Hildenborough, Tonbridge, Kent, TN11 9BN£360,000£340,000-£20,00017 Aug 202313 Mar 2024209 Days
68 Tonbridge Road, Hildenborough, Tonbridge, Kent, TN11 9BT£585,000£550,000-£35,00013 Sep 202308 Mar 2024177 Days
22 Bramble Close, Hildenborough, Tonbridge, Kent, TN11 9HQ£725,000£712,000-£13,00005 Aug 202308 Mar 2024216 Days

Most Expensive Streets in TN11 (Tonbridge)

PostcodeStreetAreaAverageNo. of Sales
TN11 8HYPenshurst Road, PenshurstTonbridge£2,810,7147
TN11 9LZSpringwood ParkTonbridge£1,747,5004
TN11 0HYHadlow Park, HadlowTonbridge£1,521,6663
TN11 9AHLeigh Road, HildenboroughTonbridge£1,337,5004
TN11 8NWBourne Place Meadows, HildenboroughTonbridge£1,203,3333
TN11 0LHThree Elm Lane, Golden GreenTonbridge£1,163,3333
TN11 9JTColdharbour Lane, HildenboroughTonbridge£1,127,0005
TN11 9LGKnowsley Way, HildenboroughTonbridge£1,125,3333
TN11 8PYPowder Mill Lane, LeighTonbridge£1,119,3333
TN11 9LTVines Lane, HildenboroughTonbridge£1,066,2504

Least Expensive Streets in TN11 (Tonbridge)

PostcodeStreetAreaAverageNo. of Sales
TN11 0LGMonypenny Close, HadlowTonbridge£177,5003
TN11 0FTRosewell House, Tudeley LaneTonbridge£192,3836
TN11 0DQThe Maltings, HadlowTonbridge£216,8336
TN11 0AZBourne Park, Golden GreenTonbridge£248,7504
TN11 0FBBaker LaneTonbridge£338,9729
TN11 8NJGrove Wood Cottages, HildenboroughTonbridge£351,6663
TN11 9JGMount Pleasant, HildenboroughTonbridge£354,7503
TN11 0DDThe Square, HadlowTonbridge£358,3333
TN11 0FDHops CloseTonbridge£371,6663
TN11 9JQMount Pleasant, HildenboroughTonbridge£374,0009

Explore TN11 (Tonbridge) using map

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