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Tonbridge House Prices Tonbridge House Prices

The average house price in Tonbridge is £470,450 using HM Land Registry data.

The average property price increased by £98,018 (25.51%) over the last 5 years and increased by £19,595 (4.23%) over the last 12 months.

Over the last year, there were 352 residential property sales – a decrease of 198 transactions (-56.25%) relative to the previous year. The majority of house sales (88) were in the £310,000 - £410,000 range. Then came properties in the £410,000 - £510,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 74 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-21,046 (-3%).

In Oct 24, there were 68 new estate agency instructions, 74 agreed home sales and 76 property price reductions.

Neighbouring Areas: Hildenborough

Postcodes Covered: TN10, TN11, TN9

5-Year Average Property Prices in Tonbridge

25.51%

Property prices in Tonbridge increased by 25.51% 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 Tonbridge Over the Last Year

4.23%

Property prices in Tonbridge increased by 4.23% 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 Tonbridge - 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 Tonbridge

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 Tonbridge

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 Tonbridge

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 Tonbridge since 1995

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

Recent Property Sales in Tonbridge

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Gladstone Road, Tonbridge, Kent, TN9 1UE£450,000£430,000-£20,00013 Feb 202414 Aug 2024183 Days
Flat 50, Bridleway House, Cannons Wharf, Tonbridge, Kent, TN9 1FJ£260,000£260,000£0006 Jun 201713 Aug 20242625 Days
2 Greentrees Avenue, Tonbridge, Kent, TN10 4ND£575,000£560,000-£15,00027 Jan 202407 Aug 2024193 Days
19 Gladstone Road, Tonbridge, Kent, TN9 1UE£475,000£467,500-£7,50030 Mar 202406 Aug 2024129 Days
43 Greenfrith Drive, Tonbridge, Kent, TN10 3LQ£495,000£490,000-£5,00003 May 202405 Aug 202494 Days
27 Old Hadlow Road, Tonbridge, Kent, TN10 4EY£825,000£790,000-£35,00007 Feb 202401 Aug 2024176 Days
8 Rodney Avenue, Tonbridge, Kent, TN10 4JR£525,000£525,000£0003 May 202425 Jul 202483 Days
13 Handel Walk, Tonbridge, Kent, TN10 4DG£525,000£510,000-£15,00011 Apr 202425 Jul 2024105 Days
19 Knight Road, Tonbridge, Kent, TN10 4AL£399,995£387,500-£12,49510 Apr 202419 Jul 2024100 Days
6 Dodd Road, Tonbridge, Kent, TN10 4AA£385,000£375,000-£10,00002 Nov 202319 Jul 2024260 Days
2 Parsons Place, Tonbridge, Kent, TN9 2GA£525,000£505,000-£20,00020 Feb 202419 Jul 2024150 Days
16 Pen Way, Tonbridge, Kent, TN10 4JN£415,000£375,000-£40,00008 Nov 202218 Jul 2024618 Days
10 Mortley Close, Tonbridge, Kent, TN9 1ET£475,000£470,000-£5,00027 Oct 202228 Jun 2024610 Days
23 Goldsmid Road, Tonbridge, Kent, TN9 2BX£700,000£690,000-£10,00030 Oct 202328 Jun 2024242 Days
88 Goldsmid Road, Tonbridge, Kent, TN9 2BY£485,000£475,000-£10,00004 Mar 202427 Jun 2024115 Days
116 Baltic Road, Tonbridge, Kent, TN9 2LT£350,000£337,000-£13,00012 Dec 202327 Jun 2024198 Days
5 Cedar Crescent, Tonbridge, Kent, TN10 3QN£625,000£620,000-£5,00022 Dec 202326 Jun 2024187 Days
23 Vauxhall Gardens, Tonbridge, Kent, TN11 0LZ£1,250,000£1,175,000-£75,00023 Feb 202426 Jun 2024124 Days
21 Gladstone Road, Tonbridge, Kent, TN9 1UE£500,000£495,000-£5,00029 Feb 202423 Jun 2024115 Days
28 Haydens Mews, Tonbridge, Kent, TN9 1PZ£525,000£515,000-£10,00015 Sep 202311 Jun 2024270 Days

Most Expensive Streets in Tonbridge

PostcodeStreetAreaAverageNo. of Sales
TN9 1NEYardley Park RoadTonbridge£1,803,7504
TN11 9LZSpringwood ParkTonbridge£1,747,5004
TN9 1NFYardley Park RoadTonbridge£1,250,0004
TN9 1QBHadlow RoadTonbridge£1,208,3333
TN10 3BXDry Hill Park RoadTonbridge£1,185,0003
TN9 1NSThe HaydensTonbridge£1,169,4647
TN10 4NHThe RidgewayTonbridge£1,084,0004
TN10 4NURochester RoadTonbridge£1,056,6663
TN10 4NLThe RidgewayTonbridge£968,7504
TN9 2PEQuarry Hill RoadTonbridge£905,6004

Least Expensive Streets in Tonbridge

PostcodeStreetAreaAverageNo. of Sales
TN10 4AQHoward DriveTonbridge£76,2504
TN9 1FRAshbys PointWalters Farm Road£79,0255
TN10 3EQAtkins CloseTonbridge£121,4586
TN9 1FDBreach HouseCannons Wharf£122,5009
TN9 1QUCastle CourtHadlow Road£143,70020
TN9 1FUBlue Bell CourtSovereign Way£146,02211
TN9 1TLSteel House 33Avebury Avenue£146,35010
TN9 2QGScott RoadTonbridge£146,6663
TN9 1SYNavigation HouseMedway Wharf Road£151,8984
TN9 1GSHolmes CourtMedway Wharf Road£152,96519

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