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House Prices in TN29 House Prices in TN29 (Romney Marsh)

The average house price in TN29 (Romney Marsh) is £419,642 using HM Land Registry data.

The average property price increased by £113,586 (19.14%) over the last 5 years and increased by £22,759 (3.03%) over the last 12 months.

Over the last year, there were 118 residential property sales – a decrease of 26 transactions (-22.03%) relative to the previous year. The majority of house sales (33) were in the £268,000 - £326,000 range. Then came properties in the £210,000 - £268,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 77 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,000 (-1%).

In Oct 24, there were 46 new estate agency instructions, 32 agreed home sales and 29 property price reductions.

Nearby Postcodes: CT18, CT20, CT21, CT4, ME13, TN17, TN18, TN23, TN24, TN25, TN26, TN27, TN28, TN30, TN31, TN32, TN33, TN35, TN36

5-Year Average Property Prices in TN29 (Romney Marsh)

19.14%

Property prices in Romney Marsh increased by 19.14% 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 TN29 (Romney Marsh) Over the Last Year

3.03%

Property prices in Romney Marsh increased by 3.03% 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 TN29 (Romney Marsh) - 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 TN29 (Romney Marsh)

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 TN29 (Romney Marsh)

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 TN29 (Romney Marsh)

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 TN29 (Romney Marsh) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN29 postcode area since 1995.

Recent Sales in TN29 (Romney Marsh)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Willow Drive, St Marys Bay, Romney Marsh, Kent, TN29 0SX£300,000£290,000-£10,00018 Apr 202416 Aug 2024120 Days
68 Elm Road, St Marys Bay, Romney Marsh, Kent, TN29 0ST£290,000£290,000£0013 Feb 202408 Aug 2024177 Days
1 Venture Close, Dymchurch, Romney Marsh, Kent, TN29 0LP£450,000£450,000£0004 Mar 202406 Aug 2024155 Days
10 Cobsden Road, St Marys Bay, Romney Marsh, Kent, TN29 0RG£375,000£360,000-£15,00005 Mar 202422 Jul 2024139 Days
7 Coast Drive, Lydd On Sea, Romney Marsh, Kent, TN29 9NL£560,000£555,000-£5,00029 Mar 202418 Jul 2024111 Days
4 Cornmill Mews, Dymchurch, Romney Marsh, Kent, TN29 0PR£405,000£400,000-£5,00017 Jan 202412 Jul 2024177 Days
20 Copperfields, Lydd, Romney Marsh, Kent, TN29 9UT£240,000£235,000-£5,00021 Oct 202312 Jul 2024265 Days
11 Mitcham Road, Dymchurch, Romney Marsh, Kent, TN29 0TH£225,000£225,000£0021 Mar 202402 Jul 2024103 Days
23 Marshlands, Dymchurch, Romney Marsh, Kent, TN29 0PY£295,000£290,000-£5,00018 Dec 202327 Jun 2024192 Days
81 Cedar Crescent, St Marys Bay, Romney Marsh, Kent, TN29 0XJ£280,000£275,000-£5,00012 Sep 202314 Jun 2024276 Days
8 Lydos Close, Lydd On Sea, Romney Marsh, Kent, TN29 9NY£250,000£230,000-£20,00026 Sep 202306 Jun 2024254 Days
51 Brockman Crescent, Dymchurch, Romney Marsh, Kent, TN29 0UA£300,000£300,000£0005 Feb 202431 May 2024116 Days
28 Tritton Gardens, Dymchurch, Romney Marsh, Kent, TN29 0NA£485,000£472,500-£12,50012 Sep 202331 May 2024262 Days
125 Hythe Road, Dymchurch, Romney Marsh, Kent, TN29 0TS£685,000£660,000-£25,00015 Oct 202230 May 2024593 Days
Brookland House, High Street, Brookland, Romney Marsh, Kent, TN29 9QR£645,000£586,000-£59,00006 Dec 202322 May 2024168 Days
37 Taylors Lane, St Marys Bay, Romney Marsh, Kent, TN29 0HB£300,000£294,500-£5,50009 Jan 202412 Apr 202494 Days
18 Woodland Way, Dymchurch, Romney Marsh, Kent, TN29 0UD£400,000£382,500-£17,50025 Sep 202315 Mar 2024172 Days
3 Meadow View, Lydd, Romney Marsh, Kent, TN29 9NQ£350,000£335,000-£15,00026 Jun 202315 Mar 2024263 Days
9 Briars Road, St Marys Bay, Romney Marsh, Kent, TN29 0HQ£250,000£249,000-£1,00013 Nov 202315 Mar 2024123 Days
19 Brockman Crescent, Dymchurch, Romney Marsh, Kent, TN29 0TZ£325,000£318,000-£7,00031 Mar 202305 Mar 2024340 Days

Most Expensive Streets in TN29 (Romney Marsh)

PostcodeStreetAreaAverageNo. of Sales
TN29 9RZFairfield, BrooklandRomney Marsh£960,0004
TN29 0DFChittendens Lane, St Mary In The MarshRomney Marsh£695,0003
TN29 0EBNewchurchRomney Marsh£681,6663
TN29 0HNCoast Drive, St Marys BayRomney Marsh£628,3333
TN29 9NDDungeness Road, DungenessRomney Marsh£539,2504
TN29 0ALIvychurchRomney Marsh£535,0003
TN29 0HJOasthouse Field, IvychurchRomney Marsh£508,3313
TN29 0LRThe Oval, DymchurchRomney Marsh£495,6254
TN29 9NWCoast Drive, Lydd On SeaRomney Marsh£460,3336
TN29 0ETDymchurch Road, St Marys BayRomney Marsh£446,3577

Least Expensive Streets in TN29 (Romney Marsh)

PostcodeStreetAreaAverageNo. of Sales
TN29 0NYMill Road, DymchurchRomney Marsh£163,3333
TN29 9HLQueens Road, LyddRomney Marsh£175,6254
TN29 9HBThe Green, LyddRomney Marsh£177,6663
TN29 0XNTurnstone Court, Cedar CrescentRomney Marsh£178,6663
TN29 9HRManor Road, LyddRomney Marsh£200,26920
TN29 9DJNew Street, LyddRomney Marsh£208,8754
TN29 9HQRype Close, LyddRomney Marsh£215,0005
TN29 9BQThe Derings, LyddRomney Marsh£215,4005
TN29 9HYRobin Hood Lane, LyddRomney Marsh£217,0003
TN29 0RSSeaside Mews, St Marys BayRomney Marsh£220,4068

Explore TN29 (Romney Marsh) using map

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