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House Prices in TN18 House Prices in TN18 (Cranbrook)

The average house price in TN18 (Cranbrook) is £362,416 using HM Land Registry data.

The average property price increased by £72,124 (26.99%) over the last 5 years and increased by £14,452 (4.04%) over the last 12 months.

Over the last year, there were 56 residential property sales – a decrease of 17 transactions (-30.36%) relative to the previous year. The majority of house sales (28) were in the £250,000 - £398,000 range. Then came properties in the £546,000 - £694,000 range, where 6 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 47 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,782 (-3%).

In Dec 24, there were 13 new estate agency instructions, 4 agreed home sales and 6 property price reductions.

Nearby Postcodes: TN12, TN17, TN19, TN20, TN21, TN27, TN29, TN3, TN30, TN31, TN32, TN33, TN35, TN36, TN5, TN6

5-Year Average Property Prices in TN18 (Cranbrook)

26.99%

Property prices in Cranbrook increased by 26.99% 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 TN18 (Cranbrook) Over the Last Year

4.04%

Property prices in Cranbrook increased by 4.04% 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 TN18 (Cranbrook) - 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 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 TN18 (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 TN18 (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 TN18 (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 TN18 (Cranbrook) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN18 postcode area since 1995.

Recent Sales in TN18 (Cranbrook)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Risden Oast Barn, Risden Lane, Hawkhurst, Cranbrook, Kent, TN18 5DU£695,000£675,000-£20,00002 Aug 202408 Nov 202498 Days
Boxhurst, Sandhurst, Cranbrook, Kent, TN18 5PE£1,800,000£1,792,800-£7,20015 May 202426 Sep 2024134 Days
Flat 2, Fowlers Park, Rye Road, Hawkhurst, Cranbrook, Kent, TN18 5DA£535,000£520,000-£15,00002 Apr 202425 Sep 2024176 Days
Oak Meadow, The Rope Walk, Sandhurst, Cranbrook, Kent, TN18 5JD£800,000£795,000-£5,00018 Mar 202420 Sep 2024186 Days
1 Fairview, Hawkhurst, Cranbrook, Kent, TN18 4AF£325,000£305,000-£20,00029 Jan 202406 Sep 2024221 Days
Lomas Farm House, Lomas Lane, Sandhurst, Cranbrook, Kent, TN18 5PT£1,850,000£553,415-£1,296,58525 Jun 202212 Jul 2024748 Days
Elfords, Hastings Road, Hawkhurst, Cranbrook, Kent, TN18 4RP£2,500,000£2,442,000-£58,00029 Sep 202311 Jul 2024286 Days
Forge Cottage, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NN£300,000£275,000-£25,00011 Jan 202401 Jul 2024172 Days
12 Stream Pit Lane, Sandhurst, Cranbrook, Kent, TN18 5LB£300,000£300,000£0019 Feb 202417 May 202488 Days
Dalby Lodge, Tongs Wood Drive, Hawkhurst, Cranbrook, Kent, TN18 5DS£875,000£855,000-£20,00002 Feb 202429 Apr 202487 Days
5 Canon Jeffreys Court, Hawkhurst, Cranbrook, Kent, TN18 4JN£270,000£260,000-£10,00013 Dec 202322 Mar 2024100 Days
2 Fairview, Hawkhurst, Cranbrook, Kent, TN18 4AF£295,000£290,000-£5,00025 Aug 202317 Jan 2024145 Days
Old Orchard House, Talbot Road, Hawkhurst, Cranbrook, Kent, TN18 4LU£500,000£493,500-£6,50010 Oct 202309 Jan 202491 Days
Ivydene, Moor Hill, Hawkhurst, Cranbrook, Kent, TN18 4PD£300,000£300,000£0011 Sep 202305 Jan 2024116 Days
Trinity House, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NN£400,000£400,000£0005 Oct 202315 Dec 202371 Days
Ferndale, Ockley Lane, Hawkhurst, Cranbrook, Kent, TN18 4DJ£500,000£468,000-£32,00007 Jul 202309 Nov 2023125 Days
Coniston, Water Lane, Hawkhurst, Cranbrook, Kent, TN18 5DE£1,100,000£1,042,000-£58,00011 Jul 202309 Nov 2023121 Days
13 Norris Close, Hawkhurst, Cranbrook, Kent, TN18 4EN£350,000£342,500-£7,50015 Aug 202302 Nov 202379 Days
Stoneyard Cottage, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NT£625,000£625,000£0023 Jun 202323 Oct 2023122 Days
Nutshell Cottage, Talbot Road, Hawkhurst, Cranbrook, Kent, TN18 4LU£260,000£213,000-£47,00015 Jun 202320 Oct 2023127 Days

Most Expensive Streets in TN18 (Cranbrook)

PostcodeStreetAreaAverageNo. of Sales
TN18 4QUHorns Road, HawkhurstCranbrook£1,103,2504
TN18 5DSTongs Wood Drive, HawkhurstCranbrook£1,087,5003
TN18 5QDLossenham Lane, NewendenCranbrook£890,0005
TN18 5DWRye Road, HawkhurstCranbrook£855,8333
TN18 4QTHorns Road, HawkhurstCranbrook£816,2504
TN18 5DEWater Lane, HawkhurstCranbrook£770,6663
TN18 5EUFernhill, Heartenoak RoadCranbrook£768,3754
TN18 5PLRye Road, NewendenCranbrook£760,0003
TN18 4NTThe Moor, HawkhurstCranbrook£746,6663
TN18 5PTLomas Lane, SandhurstCranbrook£701,4713

Least Expensive Streets in TN18 (Cranbrook)

PostcodeStreetAreaAverageNo. of Sales
TN18 4HLHammonds, HawkhurstCranbrook£163,7504
TN18 4HZSmugglers, HawkhurstCranbrook£192,49511
TN18 4ATAurania Villas, Cranbrook RoadCranbrook£231,6663
TN18 4LFLorenden Park, HawkhurstCranbrook£236,8754
TN18 4AXCranbrook Road, HawkhurstCranbrook£242,1005
TN18 4DQWinchester Road, HawkhurstCranbrook£249,3333
TN18 4DXLavender Square, HawkhurstCranbrook£249,5003
TN18 4EYRye Road, HawkhurstCranbrook£259,5003
TN18 4BJSchool Terrace, HawkhurstCranbrook£260,3333
TN18 4HTAll Saints Road, HawkhurstCranbrook£264,0003

Explore TN18 (Cranbrook) using map

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