Market outlook for TN23
Key indicators for buyers
The TN23 market is moderately favourable for buyers. Prices have softened (-11.4%), which could present a buying opportunity. Affordability has improved from a peak of 11.5x in 2023 to 10.2x today. Rising rents (£1,236/mo, +5.5%) mean the cost of waiting is real.
Price trends
Yearly averages · HM Land Registry Price Paid Data
Prices by property type
2026averages · HM Land Registry Price Paid Data
Affordability ratio
House price ÷ median earnings · ONS data
Affordability data shown for wider Ashford area
A home in Ashford costs 10.2x the local median salary — very stretched, improving from a peak of 11.5x in 2023.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Ashford area
Average monthly rent in Ashford is £1,236, up 5.5% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Ashford price of £293,167 with a 25% deposit (£73k), a 2-year fixed mortgage at 3.97% costs around £1,157 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses TN23 avg. price with Ashford rental data
Monthly mortgage payments (£1,157) are £79 less than renting (£1,236). However, buying requires an upfront deposit of £73k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
27A, TENNYSON ROAD TN23 6LP | Semi-detached | £340,000 | 22 Jan 2026 |
11, CONSTANTINE ROAD TN23 3PN | Detached | £475,000 | 21 Jan 2026 |
69, BRYONY DRIVE, KINGSNORTH TN23 3RF | Semi-detached | £202,500 | 16 Jan 2026 |
19A, BANK STREET TN23 1DG | Other | £327,500 | 14 Jan 2026 |
33, DOVE CLOSE, KINGSNORTH TN23 3NU | Terraced | £271,000 | 9 Jan 2026 |
25, TUNBRIDGE WAY TN23 5HW | Terraced | £143,000 | 7 Jan 2026 |
THE CHAPEL, PADWELL LANE, GREAT CHART TN23 3AU | Detached |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.