The TD9 property market presents an interesting picture for sellers and buyers alike. According to Rightmove data, the average house price in TD9 over the last year was £134,959, while Zoopla reports a slightly higher average sold price of £147,902. However, when we look specifically at Hawick itself, the average sold price over the last 12 months reaches approximately £212,500, indicating significant variation within the postcode area. This difference reflects the mix of urban properties in Hawick town centre compared with higher-value rural properties scattered throughout the wider TD9 region.
Historical analysis shows that property prices in TD9 are currently around 4% down from their 2022 peak of £140,269. This represents a modest correction rather than a dramatic downturn, and the market appears to be stabilising as we move through 2024. For property types, detached homes command the highest prices at an average of £297,014, while flats remain the most affordable entry point at around £77,294 on average. The terraced property segment, which forms a significant portion of housing stock in Hawick, averages around £131,782.
The variation between different data sources and areas within TD9 reflects the diverse nature of the Scottish Borders property market. Hawick, as the largest town in the postcode area, tends to see higher transaction volumes and slightly different pricing dynamics compared to smaller villages and rural areas. Our inspectors regularly survey properties across this region, and we understand that local knowledge makes a significant difference when setting realistic expectations for your property sale.