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According to the public record, 19, Herschel Place, Cranbrook is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 19, Herschel Place, Cranbrook is £323,309 and the estimated rental value is £1,280 per month.
Herschel Place, Hawkhurst, Cranbrook, TN18 is located in the borough of Tunbridge Wells within the TN18 postal district.
19, Herschel Place, Cranbrook has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 19, Herschel Place, Cranbrook is in very good condition we estimate a sale value of £339,474 and a rental value of £1,345 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,677 and a rental value of £1,191 per month.
Over the last 12 months the sale value of 19 Herschel Place Cranbrook has decreased by an estimated £2,904 (0.9%) and its rental value has increased by an estimated £34 per month (2.6%), giving an expected gross yield of 4.8%.
19, Herschel Place, Cranbrook has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jul 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 19, Herschel Place, Cranbrook was last sold on 23rd July 2021 for £85,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has risen 19.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Herschel Place, Cranbrook within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 1 Hurstlea, High Street, Cranbrook, TN18 4AG, a leasehold flat which sold for £296,000 on the 5th February 2024.
Read more about house prices in TN18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herschel Place, Hawkhurst, Cranbrook, TN18 has a total of 62 addresses. According to our analysis of all the public data, 19, Herschel Place, Cranbrook is the 56th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in TN18.
The closest station to 19, Herschel Place, Cranbrook is Etchingham station which is 6.0 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 19, Herschel Place, Cranbrook, 47.8% of property is privately owned outright and 31.0% is privately owned with a mortgage.
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 19, Herschel Place, Cranbrook, 18.5% of residents are recorded as possessing school level qualifications and 38.6% 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 19, Herschel Place, Cranbrook, the average age was 43.4 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 19, Herschel Place, Cranbrook, 0.2% 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 19, Herschel Place, Cranbrook, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.