FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in TN28

House Prices in TN28 House Prices in TN28 (New Romney)

The average house price in TN28 (New Romney) is £248,027 using HM Land Registry data.

The average property price increased by £31,282 (31.18%) over the last 5 years and increased by £6,267 (4.55%) over the last 12 months.

Over the last year, there were 69 residential property sales – a decrease of 49 transactions (-71.01%) relative to the previous year. The majority of house sales (28) were in the £300,000 - £370,000 range. Then came properties in the £230,000 - £300,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 95 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,375 (-1%).

In Oct 24, there were 37 new estate agency instructions, 21 agreed home sales and 33 property price reductions.

Nearby Postcodes: CT21, TN25, TN26, TN29, TN30, TN31

5-Year Average Property Prices in TN28 (New Romney)

31.18%

Property prices in New Romney increased by 31.18% 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 TN28 (New Romney) Over the Last Year

4.55%

Property prices in New Romney increased by 4.55% 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 TN28 (New Romney) - 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 TN28 (New Romney)

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 TN28 (New Romney)

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 TN28 (New Romney)

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 TN28 (New Romney) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN28 postcode area since 1995.

Recent Sales in TN28 (New Romney)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
67 Coast Drive, Greatstone, New Romney, Kent, TN28 8NX£750,000£730,000-£20,00010 Jun 202419 Aug 202470 Days
17 Carey Close, New Romney, Kent, TN28 8XN£250,000£243,000-£7,00016 Feb 202417 Jul 2024152 Days
Sefton Lawn, Sussex Road, New Romney, Kent, TN28 8HL£600,000£580,000-£20,00026 Dec 202328 Jun 2024185 Days
14 Dunes Road, Greatstone, New Romney, Kent, TN28 8SS£450,000£430,000-£20,00012 Feb 202413 Jun 2024122 Days
19 Harwick Drive, New Romney, Kent, TN28 8XB£325,000£295,000-£30,00027 Nov 202324 May 2024179 Days
182 The Parade, Greatstone, New Romney, Kent, TN28 8RS£350,000£320,000-£30,00020 Dec 202330 Apr 2024132 Days
Little Orchard, St Andrews Road, Littlestone, New Romney, Kent, TN28 8PY£400,000£365,000-£35,00008 Sep 202326 Apr 2024231 Days
33 Seaview Road, Greatstone, New Romney, Kent, TN28 8RJ£400,000£365,000-£35,00031 Mar 202312 Apr 2024378 Days
81 Littlestone Road, Littlestone, New Romney, Kent, TN28 8LP£425,000£425,000£0030 Nov 202305 Apr 2024127 Days
62 Meehan Road, Greatstone, New Romney, Kent, TN28 8NZ£350,000£340,000-£10,00008 Jun 202311 Mar 2024277 Days
Hobbits, Meehan Road South, Greatstone, New Romney, Kent, TN28 8SL£400,000£375,000-£25,00019 Aug 202307 Mar 2024201 Days
19 Priory Close, New Romney, Kent, TN28 8HH£375,000£360,000-£15,00018 Oct 202323 Feb 2024128 Days
20 The Parade, Greatstone, New Romney, Kent, TN28 8NP£325,000£317,810-£7,19031 Jul 202314 Feb 2024198 Days
59 St Nicholas Road, Littlestone, New Romney, Kent, TN28 8PU£550,000£522,200-£27,80021 Mar 202309 Feb 2024325 Days
114 Dunes Road, Greatstone, New Romney, Kent, TN28 8SP£270,000£270,000£0019 Aug 202331 Jan 2024165 Days
82 Leonard Road, Greatstone, New Romney, Kent, TN28 8RU£400,000£392,000-£8,00025 Apr 202308 Jan 2024258 Days
13 Station Road, New Romney, Kent, TN28 8LG£425,000£415,000-£10,00005 Sep 202305 Jan 2024122 Days
14 Broadlands Avenue, New Romney, Kent, TN28 8JE£350,000£330,000-£20,00003 Jul 202320 Dec 2023170 Days
Tarn, Nether Avenue, Littlestone, New Romney, Kent, TN28 8NB£350,000£330,000-£20,00010 Aug 202320 Dec 2023132 Days
52 Queens Road, Littlestone, New Romney, Kent, TN28 8LY£300,000£280,000-£20,00015 Mar 202308 Dec 2023268 Days

Most Expensive Streets in TN28 (New Romney)

PostcodeStreetAreaAverageNo. of Sales
TN28 8QXMadeira Road, LittlestoneNew Romney£852,0005
TN28 8RDBlenheim Road, LittlestoneNew Romney£663,0005
TN28 8REThe Parade, GreatstoneNew Romney£592,5559
TN28 8SEOrchard Drive, LittlestoneNew Romney£589,0003
TN28 8NHLittlestone Road, LittlestoneNew Romney£573,7504
TN28 8HQSpitalfield LaneNew Romney£539,3754
TN28 8RFThe Parade, GreatstoneNew Romney£513,0003
TN28 8PUSt Nicholas Road, LittlestoneNew Romney£490,7333
TN28 8NXCoast Drive, GreatstoneNew Romney£466,6878
TN28 8PRBlenheim Road, LittlestoneNew Romney£460,09011

Least Expensive Streets in TN28 (New Romney)

PostcodeStreetAreaAverageNo. of Sales
TN28 8ATHigh StreetNew Romney£131,5004
TN28 8BUSt. Lawrence Court, High Street, New RomneyNew Romney£131,6663
TN28 8XNCarey CloseNew Romney£177,3336
TN28 8LHMountfield RoadNew Romney£177,8889
TN28 8NTGrand Court, Grand ParadeNew Romney£186,7779
TN28 8DEVictoria StreetNew Romney£187,5006
TN28 8NFLittlestone Court, Grand ParadeNew Romney£203,5334
TN28 8QWClovelly, Marine ParadeNew Romney£206,6663
TN28 8XSWells CloseNew Romney£208,8336
TN28 8TYChurch RoadNew Romney£212,00010

Explore TN28 (New Romney) using map

Sell Your
House Fast
Property Auctions Kent
Property Auctions Kent
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark