House prices in TN12 6 (Paddock Wood)

This article reveals price per square metre data and various charts to help you understand current housing market in 'TN12 6' (Paddock Wood) - statistics were last calculated on 04 October 2024.

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Defining 'TN12 6'

This analysis is limited to properties whose postcode starts with "TN12 6", this is also called the postcode sector. It is shown in red on the map above. There are no official names for postcode sectors so I've just labelled it Paddock Wood.

You can click on the map to change sector, or you can enter a different postcode sector (e.g. CM23 4) below.

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FYI, a postcode sector is the full postcode without the last two letters.

Price per square metre

Knowing the average house price in Paddock Wood is not much use. However, knowing average price per square metre can be quite useful. Price per sqm allows some comparison between properties of different size. We define price per square metre as the sold price divided by the internal area of a property:

£ per sqm = price ÷ internal area

E.g. 25, Cobbs Close, Paddock Wood, sold for £355,000 on Jun-2024. Given the internal area of 80 square metres, the price per sqm is £4,437.

England & Wales have been officially metric since 1965. However house price per square foot is prefered by some estate agents and those of sufficiently advanced age ;-) They may want to convert square meters on this page to square feet.

The chart below is called a histogram, it helps you see the distribution of this house price per sqm data. To make this chart we put the sales data into a series of £ per sqm 'buckets' (e.g. £4,800-£5,000, £5,000-£5,200, £5,200-£5,400 etc...) we then count the number of sales with within in each bucket and plot the results. The chart is based on 148 sales in Paddock Wood (TN12 6) that took place in the last two years.

Generate a custom chart like the one above but based on your own criteria.

You can see the spread of prices above. This is because although internal area is a key factor in determining valuation, it is not the only factor. Many factors other than size affect desirability; these factors could be condition, aspect, garden size, negotiating power of the vendor etc.

The spread of prices will give you a feel of the typical range to expect in Paddock Wood (TN12 6). Of the 148 transactions, half were sold for between £4,160 and £5,340 per square metre. The median, or 'middle', price per square metre in 'TN12 6' is £4,740. Notably, only 25% of properties that sold recently were valued at more than £5,340 sqm. For anything to be valued more than this means it has to be more desireable than the clear majority of homes.

Price map for Paddock Wood

Do have a look at the interactive price map I created. I find it useful and I am sure it will help you in exploring Paddock Wood. You can zoom in all the way to individual properties and then all the way back out to see the whole country. The colours show the current estimated property values.

House price heatmap for Paddock Wood

Comparison with neighbouring postcode sectors

The table below shows how 'TN12 6' compares to neighbouring postcode sectors.

Postcode sector	Lower quartile	Middle quartile	Upper quartile
TN12 0 Staplehurst	£3,840 sqm	£4,300 sqm	£4,780 sqm
TN12 6 Paddock Wood	£4,160 sqm	£4,740 sqm	£5,340 sqm
TN12 9 Marden	£3,940 sqm	£4,460 sqm	£5,000 sqm
TN12 8 Horsmonden	£4,110 sqm	£4,580 sqm	£4,930 sqm
TN12 7 Matfield	£4,540 sqm	£5,270 sqm	£5,860 sqm
TN12 5 East Peckham	£4,040 sqm	£4,390 sqm	£4,950 sqm

Will Paddock Wood house prices drop in 2024?

I cannot tell the future and don't believe anyone who says they can. I can however plot price trends - I have done this in the chart below for TN12 6 (Paddock Wood) compared with both the wider area TN12 and inflation (CPIH from the Office of National Statistics). The dashed trend lines in the chart show the average over time.

Download time series data as CSV (paying users only).

For the most recent sales activity, rather than a summarized average, it is better to see the underlying data. This is shown in the chart below, where blue dots represent individual sales, click on them to see details. If there is an obvious trend you should be able to spot it here amid the noise from outliers.

Data from Land Registry comes in gradually over time. I update it every month but it takes about 5 months for the majority of sales for Paddock Wood to be recorded. Disclaimer: I do not verify and cannot guarantee the accuracy of any data shown. Outliers exist in the data, typically these are where the EPC registry records the internal area incorrectly, sometimes although very rarely the Land Registry price paid data can be wrong. The data provided throughout this website about Paddock Wood and any other area, is not financial advice. Any information provided does not and cannot ever take in to account the particular financial situation, objectives or property needs of either you or anyone reading this information.

Street level data

Street	Avg size	Avg £sqm	Recent sales
Warrington Road, Paddock Wood, TN12 6H	73 sqm	£5,779	18
Maidstone Road, Paddock Wood, TN12 6D	97 sqm	£3,825	15
Mount Pleasant, Paddock Wood, TN12 6A	75 sqm	£4,268	14
Old Kent Road, Paddock Wood, TN12 6J	85 sqm	£4,294	13
Forest Road, Paddock Wood, TN12 6J	97 sqm	£4,166	11
St Andrews Close, Paddock Wood, TN12 6J	59 sqm	£5,170	11
Le Temple Road, Paddock Wood, TN12 6H	85 sqm	£4,582	10
Allington Road, Paddock Wood, TN12 6A	99 sqm	£4,360	10

Search for your street here.

Raw data

Our analysis of Paddock Wood is derived from what is essentially a big table of sold prices from Land Registry with added property size information. Below are three rows from this table to give you an idea.

Address	Paid	sqm	£/sqm
25, Cobbs Close, Paddock Wood	£355,000 Jun-2024	80	4,437
47, The Ridings, Paddock Wood	£230,000 Jun-2024	52	4,423
12, Heather Bank, Paddock Wood	£683,000 Jun-2024	148	4,614

See the entire list of all sales in Paddock Wood (TN12 6) here.