House Prices in TN3 House Prices in TN3 (Tunbridge Wells)

The average house price in TN3 (Tunbridge Wells) is £616,357 using HM Land Registry data.

The average property price increased by £348,017 (27.35%) over the last 5 years and increased by £69,731 (4.09%) over the last 12 months.

Over the last year, there were 86 residential property sales – a decrease of 67 transactions (-77.91%) relative to the previous year. The majority of house sales (26) were in the £320,000 - £572,000 range. Then came properties in the £572,000 - £824,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 96 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-39,194 (-3%).

In Oct 24, there were 33 new estate agency instructions, 24 agreed home sales and 20 property price reductions.

5-Year Average Property Prices in TN3 (Tunbridge Wells)

27.35%

Property prices in Tunbridge Wells increased by 27.35% 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 TN3 (Tunbridge Wells) Over the Last Year

4.09%

Property prices in Tunbridge Wells increased by 4.09% 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 TN3 (Tunbridge Wells) - 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 TN3 (Tunbridge Wells)

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 TN3 (Tunbridge Wells)

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 TN3 (Tunbridge Wells)

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 TN3 (Tunbridge Wells) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TN3 postcode area since 1995.

Recent Sales in TN3 (Tunbridge Wells)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Dornden Drive, Langton Green, Tunbridge Wells, Kent, TN3 0AE£1,200,000£1,125,000-£75,00002 Apr 202413 Aug 2024133 Days
7 Orchard Rise, Groombridge, Tunbridge Wells, East Sussex, TN3 9RU£824,500£824,500£0017 Nov 202331 Jul 2024257 Days
2 Warren Ridge, Frant, Tunbridge Wells, East Sussex, TN3 9EF£625,000£610,000-£15,00022 Mar 202431 Jul 2024131 Days
13 Langholm Road, Langton Green, Tunbridge Wells, Kent, TN3 0EY£725,000£720,000-£5,00008 Apr 202405 Jul 202488 Days
6 Northfields, Speldhurst, Tunbridge Wells, Kent, TN3 0PL£325,000£325,000£0003 Oct 202320 Jun 2024261 Days
Bonniecot, Furzefield Avenue, Speldhurst, Tunbridge Wells, Kent, TN3 0LD£1,200,000£1,100,000-£100,00015 Nov 202329 May 2024196 Days
22 Salisbury Road, Langton Green, Tunbridge Wells, Kent, TN3 0ES£350,000£345,000-£5,00031 Jan 202430 Apr 202490 Days
11 Newton Willows, Groombridge, Tunbridge Wells, East Sussex, TN3 9RF£550,000£550,000£0030 Nov 202329 Apr 2024151 Days
Tamerlaine, Corseley Road, Groombridge, Tunbridge Wells, East Sussex, TN3 9SG£650,000£620,000-£30,00030 Jan 202429 Apr 202490 Days
25 Glebelands, Bidborough, Tunbridge Wells, Kent, TN3 0UQ£685,000£650,000-£35,00019 Oct 202320 Mar 2024153 Days
15 Great Footway, Langton Green, Tunbridge Wells, Kent, TN3 0DT£1,050,000£1,050,000£0017 Oct 202301 Mar 2024136 Days
6 The Lane, Fordcombe, Tunbridge Wells, Kent, TN3 0RP£315,000£315,000£0020 Oct 202323 Feb 2024126 Days
21 First Street, Langton Green, Tunbridge Wells, Kent, TN3 0EU£500,000£470,000-£30,00016 Oct 202326 Jan 2024102 Days
Barelands Oast, Bells Yew Green Road, Bells Yew Green, Tunbridge Wells, East Sussex, TN3 9BD£1,400,000£1,350,000-£50,00030 Jun 202310 Jan 2024194 Days
6 Lime Close, Frant, Tunbridge Wells, East Sussex, TN3 9DP£950,000£890,000-£60,00016 Sep 202321 Dec 202396 Days
12 Warren Ridge, Frant, Tunbridge Wells, East Sussex, TN3 9EF£220,000£210,000-£10,00029 Sep 202321 Dec 202383 Days
5 Morland Drive, Lamberhurst, Tunbridge Wells, Kent, TN3 8HZ£579,950£560,000-£19,95031 May 202320 Dec 2023203 Days
15 Pearse Place, Lamberhurst, Tunbridge Wells, Kent, TN3 8EJ£425,000£415,000-£10,00006 Dec 202315 Dec 20239 Days
48 Dornden Drive, Langton Green, Tunbridge Wells, Kent, TN3 0AF£1,500,000£1,409,000-£91,00020 Jun 202312 Dec 2023175 Days
Silverstrode, The Green, Frant, Tunbridge Wells, East Sussex, TN3 9ED£750,000£710,000-£40,00004 Oct 202311 Dec 202368 Days

Most Expensive Streets in TN3 (Tunbridge Wells)

PostcodeStreetAreaAverageNo. of Sales
TN3 0BNHolmewood Ridge, Langton GreenTunbridge Wells£2,166,6663
TN3 9EHWadhurst Road, FrantTunbridge Wells£2,059,1666
TN3 0RABroom Lane, Langton GreenTunbridge Wells£1,630,0003
TN3 0EDHolmewood Ridge, Langton GreenTunbridge Wells£1,591,0418
TN3 0XHHome Farm View, Penshurst RoadTunbridge Wells£1,575,0004
TN3 9TYBlackhamTunbridge Wells£1,416,8333
TN3 0BJHither Chantlers, Langton GreenTunbridge Wells£1,387,5004
TN3 9PRCorseley Road, GroombridgeTunbridge Wells£1,385,0003
TN3 9SFCorseley Road, GroombridgeTunbridge Wells£1,333,2005
TN3 0TJStockland Green RoadTunbridge Wells£1,276,6663

Least Expensive Streets in TN3 (Tunbridge Wells)

PostcodeStreetAreaAverageNo. of Sales
TN3 9TESt Martin, AshurstTunbridge Wells£168,1188
TN3 0HLLangton Road, Langton GreenTunbridge Wells£267,5003
TN3 9HPRock Cottages, Down LaneTunbridge Wells£301,0003
TN3 8DWBrewer Street, LamberhurstTunbridge Wells£354,5003
TN3 9TZTeasley Mead, BlackhamTunbridge Wells£355,0003
TN3 9AFBroomfield, Bells Yew GreenTunbridge Wells£381,45010
TN3 9DQHome Farm Court, FrantTunbridge Wells£386,6258
TN3 9QUThe Ridge, GroombridgeTunbridge Wells£391,2504
TN3 8DYHopgarden Close, LamberhurstTunbridge Wells£396,2504
TN3 8DFWheelwright Cottages, LamberhurstTunbridge Wells£400,3874

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