TN1 1RZ is a residential postcode situated on Grove Hill Road, Tunbridge Wells, TN1 with 14 addresses.
It ranks as the 185th largest and 88th most expensive of the 350 postcodes in the TN1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 1 house and 13 flats.
TN1 1RZ is a residential postcode situated on Grove Hill Road, Tunbridge Wells, TN1 with 14 addresses.
It ranks as the 185th largest and 88th most expensive of the 350 postcodes in the TN1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 1 house and 13 flats.
Sale prices range from £160,076 for 1 bedroom Leasehold flats (473 ft2) to £693,150 for 4 bedroom freehold houses with a garden (1,410 ft2) .
Monthly rental prices range from £820 pcm for 1 bed flats to £2,447 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 6.1%.
The average value per square foot is £370.
The last sale in TN1 1RZ sold for £285,000 on 18th November 2020. Since then prices are up an average of 20.3%.
The current average value in the postcode is £318,316.
The TN1 1RZ Sales Market has increased by 7.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £318,316 |
| April 2025 | -3% | £324,940 |
| April 2024 | 0.6% | £334,830 |
| April 2023 | 1.2% | £332,984 |
| April 2022 | 2.8% | £329,015 |
| April 2021 | -0.1% | £320,178 |
| April 2020 | 3.5% | £320,498 |
| April 2019 | -0.1% | £309,666 |
| April 2018 | -0.3% | £309,873 |
| April 2017 | 4.9% | £310,945 |
| April 2016 | 8.4% | £296,378 |
| April 2015 | 10.9% | £273,464 |
| April 2014 | 10.1% | £246,518 |
| April 2013 | 4% | £223,936 |
| April 2012 | 2.8% | £215,255 |
| April 2011 | -4.1% | £209,353 |
| April 2010 | 6.7% | £218,289 |
| April 2009 | -11.8% | £204,673 |
| April 2008 | 4.4% | £232,009 |
| April 2007 | 0% | £222,197 |
The current average rental value in the postcode is £1,306.
The TN1 1RZ Rental Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,306pcm |
| April 2025 | 5.9% | £1,255pcm |
| April 2024 | 5.4% | £1,185pcm |
| April 2023 | 4.1% | £1,124pcm |
| April 2022 | 6.8% | £1,079pcm |
| April 2021 | 7% | £1,011pcm |
| April 2020 | 1% | £945pcm |
| April 2019 | 0.5% | £936pcm |
| April 2018 | -1.3% | £931pcm |
| April 2017 | -3.1% | £943pcm |
| April 2016 | 7% | £973pcm |
| April 2015 | 4.3% | £910pcm |
| April 2014 | 3.3% | £872pcm |
| April 2013 | 3.5% | £844pcm |
| April 2012 | 0.5% | £815pcm |
| April 2011 | 5.1% | £811pcm |
| April 2010 | 2.5% | £772pcm |
| April 2009 | -7% | £753pcm |
| April 2008 | 2.5% | £810pcm |
| April 2007 | 0% | £790pcm |
The last sale was on 18th November 2020 for £285,000 and since then the market in the area has increased by 20.3%. The postcode has had a total of 18 sales since 1995.
TN1 1RZ has seen no sales in the last three years and no sales in the last twelve months.
TN1 1RZ is the 185th largest and the 88th most expensive postcode out of the 350 postcodes in the TN1 area.
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