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House Prices in TN17

The average house price in TN17 (Cranbrook) is £710,000 using HM Land Registry data.

The average property price increased by £120,459 (-4.01%) over the last 5 years and increased by £24,136 (-0.76%) over the last 12 months.

Over the last year, there were 106 residential property sales – a decrease of 36 transactions (-33.96%) relative to the previous year. The majority of house sales (43) were in the £230,000 - £424,000 range. Then came properties in the £424,000 - £618,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 101 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,331 (-3%).

In Oct 24, there were 47 new estate agency instructions, 26 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in TN17 (Cranbrook)

-4.01%

Property prices in Cranbrook decreased by -4.01% 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 TN17 (Cranbrook) Over the Last Year

-0.76%

Property prices in Cranbrook decreased by -0.76% 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 TN17 (Cranbrook) - 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 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 TN17 (Cranbrook)

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 TN17 (Cranbrook)

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 TN17 (Cranbrook)

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 TN17 (Cranbrook) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN17 postcode area since 1995.

Recent Sales in TN17 (Cranbrook)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
1 Crane Lane, Cranbrook, Kent, TN17 3DG	£200,000	£200,000	£00	11 Apr 2024	15 Aug 2024	126 Days
Edmunstone, Angley Road, Cranbrook, Kent, TN17 2PG	£525,000	£510,000	-£15,000	18 Oct 2023	01 Jul 2024	257 Days
16 Rectory Fields, Cranbrook, Kent, TN17 3JB	£295,000	£295,000	£00	15 Feb 2024	28 Jun 2024	134 Days
5 Oatfield Drive, Cranbrook, Kent, TN17 3NJ	£485,000	£482,000	-£3,000	07 Feb 2024	30 May 2024	113 Days
Upper Ballards, Ballards Hill, Goudhurst, Cranbrook, Kent, TN17 1JS	£1,200,000	£1,150,000	-£50,000	01 Jan 2024	15 May 2024	135 Days
3 Mary Days, Goudhurst, Cranbrook, Kent, TN17 1BA	£300,000	£300,000	£00	28 Feb 2024	10 May 2024	72 Days
The Wagon Lodge, Jarvis Lane, Goudhurst, Cranbrook, Kent, TN17 1LP	£850,000	£820,000	-£30,000	17 Jan 2024	12 Apr 2024	86 Days
Pond Cottage, Rectory Lane, Cranbrook, Kent, TN17 3JY	£595,000	£550,000	-£45,000	13 Mar 2023	10 Apr 2024	394 Days
Carolyn, Balcombes Hill, Goudhurst, Cranbrook, Kent, TN17 1AT	£749,950	£730,000	-£19,950	05 Oct 2023	03 Apr 2024	181 Days
Zion Barn, Ranters Lane, Goudhurst, Cranbrook, Kent, TN17 1HR	£995,000	£835,000	-£160,000	07 Jul 2023	03 Apr 2024	271 Days
3 Frensham Road, Rolvenden Layne, Cranbrook, Kent, TN17 4NJ	£265,000	£265,000	£00	26 Dec 2023	28 Mar 2024	93 Days
17 Angley Road, Cranbrook, Kent, TN17 3LR	£550,000	£530,000	-£20,000	11 Dec 2023	27 Mar 2024	107 Days
Little Mead, Frensham Road, Rolvenden Layne, Cranbrook, Kent, TN17 4NJ	£799,950	£770,000	-£29,950	14 Jun 2023	22 Mar 2024	282 Days
93 Wheatfield Way, Cranbrook, Kent, TN17 3NE	£350,000	£325,000	-£25,000	02 Jan 2024	15 Mar 2024	73 Days
2 Oatfield Close, Cranbrook, Kent, TN17 3NH	£400,000	£375,000	-£25,000	20 Sep 2023	11 Mar 2024	173 Days
19 Wheatfield Way, Cranbrook, Kent, TN17 3LX	£379,000	£350,000	-£29,000	09 Nov 2023	04 Mar 2024	116 Days
29 Joyce Close, Cranbrook, Kent, TN17 3LZ	£550,000	£517,500	-£32,500	14 Sep 2023	23 Feb 2024	162 Days
9 Beresford Close, Kilndown, Cranbrook, Kent, TN17 2SB	£350,000	£350,000	£00	26 Aug 2023	20 Feb 2024	178 Days
20 Frensham Road, Rolvenden Layne, Cranbrook, Kent, TN17 4NJ	£250,000	£230,000	-£20,000	07 Aug 2023	02 Feb 2024	179 Days
10 Wheatfield Lea, Cranbrook, Kent, TN17 3ND	£450,000	£435,000	-£15,000	14 Jul 2023	19 Jan 2024	189 Days

Most Expensive Streets in TN17 (Cranbrook)

Postcode	Street	Area	Average	No. of Sales
TN17 4EU	Cranbrook Road, Benenden	Cranbrook	£1,491,666	3
TN17 4ET	Cranbrook Road, Benenden	Cranbrook	£1,357,500	4
TN17 2AB	Biddenden Road, Sissinghurst	Cranbrook	£1,262,700	5
TN17 1JS	Ballards Hill, Goudhurst	Cranbrook	£1,235,500	4
TN17 4DR	Walkhurst Road, Benenden	Cranbrook	£1,210,665	3
TN17 2DG	The Street, Frittenden	Cranbrook	£1,150,666	3
TN17 1JT	Summerhill, Goudhurst	Cranbrook	£1,087,000	5
TN17 3NR	The Mews	Cranbrook	£1,062,285	7
TN17 1JJ	North Road, Goudhurst	Cranbrook	£1,036,250	4
TN17 3PA	Tenterden Road, Golford	Cranbrook	£1,034,166	3

Least Expensive Streets in TN17 (Cranbrook)

Postcode	Street	Area	Average	No. of Sales
TN17 3DG	Crane Lane	Cranbrook	£203,333	3
TN17 3DF	White Lion House, High Street, Cranbrook	Cranbrook	£213,166	3
TN17 3QY	Hartley Court Gardens	Cranbrook	£214,666	3
TN17 4DW	Rothermere Close, Benenden	Cranbrook	£225,900	5
TN17 1AE	Bursfields House, The Plain	Cranbrook	£226,000	3
TN17 3AE	Tippens Close	Cranbrook	£232,166	3
TN17 3JB	Rectory Fields	Cranbrook	£242,100	20
TN17 3AH	The Hill	Cranbrook	£252,000	3
TN17 3HF	Stone Street	Cranbrook	£255,000	3
TN17 4EG	Pullington Cottages, Benenden	Cranbrook	£255,000	3