Market outlook for TN34
Key indicators for buyers
The TN34 market is moderately favourable for buyers. Prices have softened (-24.2%), which could present a buying opportunity. Affordability has improved from a peak of 10.9x in 2023 to 8.1x today. Rising rents (£1,009/mo, +3.1%) 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 Hastings area
A home in Hastings costs 8.1x the local median salary — stretched, improving from a peak of 10.9x in 2023.
Rental trends
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Hastings area
Average monthly rent in Hastings is £1,009, up 3.1% 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 Hastings price of £242,682 with a 25% deposit (£61k), a 2-year fixed mortgage at 3.97% costs around £958 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Uses TN34 avg. price with Hastings rental data
Monthly mortgage payments (£958) are £51 less than renting (£1,009). However, buying requires an upfront deposit of £61k — 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 |
|---|---|---|---|
21, HOMEDANE HOUSE, DENMARK PLACE TN34 1PQ | Flat/Maisonette | £60,000 | 23 Jan 2026 |
101, THE RIDGE TN34 2AB | Terraced | £242,000 | 16 Jan 2026 |
85, THE RIDGE TN34 2AB | Detached | £280,000 | 16 Jan 2026 |
12, PLYNLIMMON ROAD TN34 3LT | Terraced | £247,500 | 15 Jan 2026 |
GARAGE, 40, WELLINGTON SQUARE TN34 1PP | Other | £58,000 | 13 Jan 2026 |
FLAT 4, ROYAL COURT, ST HELENS ROAD TN34 2LP | Flat/Maisonette | £175,000 | 9 Jan 2026 |
14, ST GEORGES ROAD TN34 3ND | Terraced |
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.