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Pembury House Prices

The average house price in Pembury is £566,666 using HM Land Registry data.

The average property price increased by £104,344 (24.38%) over the last 5 years and increased by £20,859 (4.08%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 20 transactions (-39.22%) relative to the previous year. The majority of house sales (17) were in the £392,000 - £464,000 range. Then came properties in the £320,000 - £392,000 range, where 9 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 79 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-19,230 (-3%).

In Oct 24, there were 13 new estate agency instructions, 8 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in Pembury

24.38%

Property prices in Pembury increased by 24.38% 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 Pembury Over the Last Year

4.08%

Property prices in Pembury increased by 4.08% 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 Pembury - 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 Pembury

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 Pembury

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 Pembury

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 Pembury since 1995

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

Recent Property Sales in Pembury

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
18a, Lower Green Road, Pembury, Tunbridge Wells, Kent, TN2 4HH	£650,000	£615,000	-£35,000	06 Oct 2023	29 May 2024	236 Days
15 Canterbury Road, Pembury, Tunbridge Wells, Kent, TN2 4JT	£398,500	£385,000	-£13,500	13 Sep 2023	28 May 2024	258 Days
93 Woodhill Park, Pembury, Tunbridge Wells, Kent, TN2 4NP	£825,000	£805,000	-£20,000	18 Aug 2023	16 Apr 2024	242 Days
12 Tonbridge Road, Pembury, Tunbridge Wells, Kent, TN2 4QL	£400,000	£392,000	-£8,000	28 Jul 2023	09 Apr 2024	256 Days
60 Herons Way, Pembury, Tunbridge Wells, Kent, TN2 4DN	£499,950	£455,000	-£44,950	29 Sep 2023	28 Mar 2024	181 Days
20 Canterbury Road, Pembury, Tunbridge Wells, Kent, TN2 4JT	£295,000	£280,000	-£15,000	16 Oct 2023	01 Mar 2024	137 Days
37 Romford Road, Pembury, Tunbridge Wells, Kent, TN2 4JB	£650,000	£625,000	-£25,000	10 Oct 2023	06 Feb 2024	119 Days
29b, Hastings Road, Pembury, Tunbridge Wells, Kent, TN2 4PB	£750,000	£735,000	-£15,000	24 Jan 2024	06 Feb 2024	13 Days
24a, Hastings Road, Pembury, Tunbridge Wells, Kent, TN2 4PD	£415,000	£400,000	-£15,000	17 Oct 2023	05 Feb 2024	111 Days
1 Woodside Close, Pembury, Tunbridge Wells, Kent, TN2 4BQ	£525,000	£500,000	-£25,000	12 Oct 2023	02 Feb 2024	113 Days
9 The Glebe, Pembury, Tunbridge Wells, Kent, TN2 4EN	£395,000	£367,000	-£28,000	15 Aug 2023	16 Jan 2024	154 Days
19 Westway, Pembury, Tunbridge Wells, Kent, TN2 4EX	£450,000	£420,000	-£30,000	02 Aug 2023	15 Dec 2023	135 Days
9 Stanam Road, Pembury, Tunbridge Wells, Kent, TN2 4LD	£485,000	£485,000	£00	27 May 2023	11 Dec 2023	198 Days
15 The Meadow, Pembury, Tunbridge Wells, Kent, TN2 4EH	£465,000	£442,500	-£22,500	08 Jun 2023	11 Dec 2023	186 Days
7 Romford Road, Pembury, Tunbridge Wells, Kent, TN2 4HU	£400,000	£375,000	-£25,000	12 May 2023	08 Dec 2023	210 Days
47 High Street, Pembury, Tunbridge Wells, Kent, TN2 4PH	£350,000	£330,000	-£20,000	21 Jun 2023	28 Nov 2023	160 Days
7 Stanam Road, Pembury, Tunbridge Wells, Kent, TN2 4LD	£450,000	£425,000	-£25,000	07 Jul 2023	31 Oct 2023	116 Days
8 Amberleaze Drive, Pembury, Tunbridge Wells, Kent, TN2 4HF	£445,000	£445,000	£00	01 Aug 2023	27 Oct 2023	87 Days
9 Amberleaze Drive, Pembury, Tunbridge Wells, Kent, TN2 4HF	£495,000	£490,000	-£5,000	01 Aug 2023	27 Oct 2023	87 Days
Second Floor Flat, 31, High Street, Pembury, Tunbridge Wells, Kent, TN2 4PH	£235,000	£230,000	-£5,000	20 Dec 2022	13 Oct 2023	297 Days

Most Expensive Streets in Pembury

Postcode	Street	Area	Average	No. of Sales
TN2 4DZ	Lower Green Road	Pembury	£806,820	5
TN2 4PB	Hastings Road	Pembury	£748,750	4
TN2 4JS	Hastings Road	Pembury	£708,333	6
TN2 4LW	Henwood Green Road	Pembury	£676,543	3
TN2 4AB	Nursery Mews	Pembury	£636,000	7
TN2 4DN	Herons Way	Pembury	£628,000	6
TN2 4BX	Gimble Way	Pembury	£624,785	7
TN2 4HF	Amberleaze Drive	Pembury	£621,875	4
TN2 4DE	Maidstone Road	Pembury	£612,500	4
TN2 4NJ	Woodsgate Way	Pembury	£602,125	4

Least Expensive Streets in Pembury

Postcode	Street	Area	Average	No. of Sales
TN2 4BY	Chestnut Walk	Pembury	£148,333	3
TN2 4DU	Beech Hurst	Pembury	£215,333	3
TN2 4LR	Henwood Green Road	Pembury	£292,000	4
TN2 4JT	Canterbury Road	Pembury	£309,875	8
TN2 4HZ	Beagles Wood Road	Pembury	£327,333	3
TN2 4ED	Batchelors	Pembury	£338,000	5
TN2 4JH	Beagles Wood Road	Pembury	£340,100	3
TN2 4ES	Ridgeway	Pembury	£341,500	10
TN2 4BS	Church Road	Pembury	£360,428	7
TN2 4PD	Hastings Road	Pembury	£370,000	4