15, Pen Way
15, Pen Way
Description & Estimates
15, Pen Way, Tonbridge is recorded publicly as a mid-century freehold house across 602 ft2 of internal area, sitting on a 304 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Pen Way, Tonbridge is £380,524 and its rental estimate is £1,619 per month, given the available information and assuming reasonable condition.
Pen Way, Tonbridge, TN10 falls within the TN10 postal district, in the borough of Tonbridge and Malling.
Our Data Sources
15, Pen Way, Tonbridge has 3 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Pen Way, Tonbridge, we estimate a market value of £399,550 and a rental value of £1,699 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £353,887 and £1,505 per month respectively.
Recent Market Change
Over the last year, 15, Pen Way, Tonbridge has seen its estimated sale value drop by £3,394 (0.9%) and its estimated rental value rise by £44 per month (2.7%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 15, Pen Way, Tonbridge as measuring 304 m2.
That makes it the 24th largest plot in the postcode, where all 29 other houses have recorded plot data.
Energy Efficiency
15, Pen Way, Tonbridge has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Pen Way, Tonbridge completed on 31st May 2022 at £420,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 4.9% over the period since May 2022.
- Sold May 2022£420,000
- Sold Aug 2016£355,000
- Sold Feb 2013£193,750
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Pen Way, Tonbridge have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2024, was 16, Pen Way, Tonbridge, TN10 4JN, a freehold house which sold for £375,000.
Read more about house prices in TN10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Pen Way, Tonbridge, TN10, 15, Pen Way, Tonbridge comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £90k less expensive than the average property across the TN10 district.
More reading links
Schools Nearby
- 500mWoodlands Primary School
- 800mCage Green Primary School
- 1.6kmLong Mead Community Primary School
- 1.0kmLeigh Academy Hugh Christie
- 2.5kmHillview School for Girls
- 2.8kmHadlow Rural Community School
More reading links
Public Transport Nearby
From 15, Pen Way, Tonbridge, the nearest station is Tonbridge, 2.6 kilometres away.
- 2.6kmTonbridge
- 4.7kmHildenborough
- 6.1kmLeigh (Kent)
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
