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15, Cranwell Road, Tunbridge Wells is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 15, Cranwell Road, Tunbridge Wells is £241,066 and its rental estimate is £1,151 per month, given the available information and assuming reasonable condition.
Cranwell Road, Rusthall, Tunbridge Wells, TN4 falls within the TN4 postal district, in the borough of Tunbridge Wells.
15, Cranwell Road, Tunbridge Wells has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated January 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Cranwell Road, Tunbridge Wells, we estimate a market value of £253,120 and a rental value of £1,208 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,192 and £1,070 per month respectively.
Over the last year, 15, Cranwell Road, Tunbridge Wells has seen its estimated sale value drop by £2,971 (1.2%) and its estimated rental value rise by £46 per month (4.0%). This results in an estimated gross rental yield of 5.7%.
15, Cranwell Road, Tunbridge Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jan 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 15, Cranwell Road, Tunbridge Wells completed on 24th September 2019 at £86,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.6% over the period since September 2019.
Over the past 2 years 3 properties similar to 15, Cranwell Road, Tunbridge Wells have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th June 2022, was Flat A, Bretland House, Bretland Road, Tunbridge Wells, TN4 8PB, a leasehold flat which sold for £201,000.
Read more about house prices in TN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 64 addresses on Cranwell Road, Rusthall, Tunbridge Wells, TN4, 15, Cranwell Road, Tunbridge Wells comes out as the 48th largest and the 29th most expensive in our analysis of the public data.
It is also £264k less expensive than the average property across the TN4 district.
From 15, Cranwell Road, Tunbridge Wells, the nearest station is Tunbridge Wells, 2.1 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Cranwell Road, Tunbridge Wells, 38.2% of property is socially rented and 25.0% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15, Cranwell Road, Tunbridge Wells, 30.9% of residents are recorded as possessing school level qualifications and 22.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Cranwell Road, Tunbridge Wells, the average age was 40.3 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15, Cranwell Road, Tunbridge Wells, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15, Cranwell Road, Tunbridge Wells, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.