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House Prices in TN18

The average house price in TN18 (Cranbrook) is £472,728 using HM Land Registry data.

The average property price increased by £64,836 (26.99%) over the last 5 years and increased by £12,991 (4.04%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 26 transactions (-50.98%) relative to the previous year. The majority of house sales (22) were in the £270,000 - £414,000 range. Then came properties in the £414,000 - £558,000 range, where 8 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,748 (-4%).

In Oct 24, there were 28 new estate agency instructions, 11 agreed home sales and 16 property price reductions.

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.

Property Market Heat Gauge for TN18 (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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Lomas Farm House, Lomas Lane, Sandhurst, Cranbrook, Kent, TN18 5PT	£1,850,000	£553,415	-£1,296,585	25 Jun 2022	12 Jul 2024	748 Days
Forge Cottage, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NN	£300,000	£275,000	-£25,000	11 Jan 2024	01 Jul 2024	172 Days
Dalby Lodge, Tongs Wood Drive, Hawkhurst, Cranbrook, Kent, TN18 5DS	£875,000	£855,000	-£20,000	02 Feb 2024	29 Apr 2024	87 Days
5 Canon Jeffreys Court, Hawkhurst, Cranbrook, Kent, TN18 4JN	£270,000	£260,000	-£10,000	13 Dec 2023	22 Mar 2024	100 Days
2 Fairview, Hawkhurst, Cranbrook, Kent, TN18 4AF	£295,000	£290,000	-£5,000	25 Aug 2023	17 Jan 2024	145 Days
Old Orchard House, Talbot Road, Hawkhurst, Cranbrook, Kent, TN18 4LU	£500,000	£493,500	-£6,500	10 Oct 2023	09 Jan 2024	91 Days
Ivydene, Moor Hill, Hawkhurst, Cranbrook, Kent, TN18 4PD	£300,000	£300,000	£00	11 Sep 2023	05 Jan 2024	116 Days
Trinity House, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NN	£400,000	£400,000	£00	05 Oct 2023	15 Dec 2023	71 Days
Ferndale, Ockley Lane, Hawkhurst, Cranbrook, Kent, TN18 4DJ	£500,000	£468,000	-£32,000	07 Jul 2023	09 Nov 2023	125 Days
Coniston, Water Lane, Hawkhurst, Cranbrook, Kent, TN18 5DE	£1,100,000	£1,042,000	-£58,000	11 Jul 2023	09 Nov 2023	121 Days
13 Norris Close, Hawkhurst, Cranbrook, Kent, TN18 4EN	£350,000	£342,500	-£7,500	15 Aug 2023	02 Nov 2023	79 Days
Stoneyard Cottage, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NT	£625,000	£625,000	£00	23 Jun 2023	23 Oct 2023	122 Days
Nutshell Cottage, Talbot Road, Hawkhurst, Cranbrook, Kent, TN18 4LU	£260,000	£213,000	-£47,000	15 Jun 2023	20 Oct 2023	127 Days
3 Norris Close, Hawkhurst, Cranbrook, Kent, TN18 4EN	£390,000	£390,000	£00	26 May 2023	15 Sep 2023	112 Days
Lillesden Frith Cottage, The Moor, Hawkhurst, Cranbrook, Kent, TN18 4NT	£990,000	£990,000	£00	01 Mar 2023	01 Sep 2023	184 Days
Frogs Hill Cottage, Frogs Hill, Newenden, Cranbrook, Kent, TN18 5PX	£1,195,000	£1,175,000	-£20,000	18 Apr 2023	30 Aug 2023	134 Days
Mistletoe Cottage, Rye Road, Hawkhurst, Cranbrook, Kent, TN18 5DN	£750,000	£735,000	-£15,000	03 Mar 2023	09 Aug 2023	159 Days
Upway, Rye Road, Newenden, Cranbrook, Kent, TN18 5PL	£995,000	£970,000	-£25,000	10 Feb 2023	01 Aug 2023	172 Days
Heronden, Horns Road, Hawkhurst, Cranbrook, Kent, TN18 4QU	£1,650,000	£1,635,000	-£15,000	20 Sep 2022	28 Jun 2023	281 Days
Manor House, Bodiam Road, Sandhurst, Cranbrook, Kent, TN18 5JY	£450,000	£413,000	-£37,000	03 Mar 2023	02 Jun 2023	91 Days

Most Expensive Streets in TN18 (Cranbrook)

Postcode	Street	Area	Average	No. of Sales
TN18 4QU	Horns Road, Hawkhurst	Cranbrook	£1,103,250	4
TN18 5DS	Tongs Wood Drive, Hawkhurst	Cranbrook	£1,087,500	3
TN18 5DW	Rye Road, Hawkhurst	Cranbrook	£855,833	3
TN18 5QD	Lossenham Lane, Newenden	Cranbrook	£826,428	7
TN18 4QT	Horns Road, Hawkhurst	Cranbrook	£816,250	4
TN18 5DE	Water Lane, Hawkhurst	Cranbrook	£770,666	3
TN18 5EU	Fernhill, Heartenoak Road	Cranbrook	£768,375	4
TN18 5PL	Rye Road, Newenden	Cranbrook	£760,000	3
TN18 4NT	The Moor, Hawkhurst	Cranbrook	£746,666	3
TN18 5DL	Home Farm, Water Lane	Cranbrook	£736,875	4

Least Expensive Streets in TN18 (Cranbrook)

Postcode	Street	Area	Average	No. of Sales
TN18 4HL	Hammonds, Hawkhurst	Cranbrook	£173,000	3
TN18 4HZ	Smugglers, Hawkhurst	Cranbrook	£192,495	11
TN18 4AT	Aurania Villas, Cranbrook Road	Cranbrook	£231,666	3
TN18 4LF	Lorenden Park, Hawkhurst	Cranbrook	£239,500	5
TN18 4AX	Cranbrook Road, Hawkhurst	Cranbrook	£242,100	5
TN18 4DQ	Winchester Road, Hawkhurst	Cranbrook	£249,333	3
TN18 4DX	Lavender Square, Hawkhurst	Cranbrook	£249,500	3
TN18 4EY	Rye Road, Hawkhurst	Cranbrook	£259,500	3
TN18 4HT	All Saints Road, Hawkhurst	Cranbrook	£264,000	3
TN18 4HG	Linnington, Hawkhurst	Cranbrook	£264,166	3