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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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2, Park Street, Tunbridge Wells is described in the public record as a period house with 1,420 ft2 of internal area, sitting on a 276 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Park Street, Tunbridge Wells is £492,171 and its rental estimate is £2,462 per month, given the available information and assuming reasonable condition.
Park Street, Tunbridge Wells, TN2 falls within the TN2 postal district, in the borough of Tunbridge Wells.
2, Park Street, Tunbridge Wells has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2023.
We combine this information with public data 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 2, Park Street, Tunbridge Wells, we estimate a market value of £516,780 and a rental value of £2,585 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £457,719 and £2,289 per month respectively.
Over the last year, 2, Park Street, Tunbridge Wells has seen its estimated sale value decrease by £9,168 (1.9%) and its estimated rental value grow by £69 per month (2.8%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 2, Park Street, Tunbridge Wells as measuring 276 m2.
That makes it the largest plot in the postcode, where 16 of the 28 other houses have recorded plot data.
2, Park Street, Tunbridge Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jan 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Park Street, Tunbridge Wells completed on 11th June 2002 at £285,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to 2, Park Street, Tunbridge Wells have sold within a radius of 550 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th July 2021, was 6, Bayhall Road, Tunbridge Wells, TN2 4UY, a freehold house which sold for £500,000.
Read more about house prices in TN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 43 addresses on Park Street, Tunbridge Wells, TN2, 2, Park Street, Tunbridge Wells comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £29k less expensive than the average property across the TN2 district.
From 2, Park Street, Tunbridge Wells, the nearest station is Tunbridge Wells, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 2, Park Street, Tunbridge Wells, 29.6% of property is privately owned outright and 28.2% is privately rented.
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 2, Park Street, Tunbridge Wells, 13.7% of residents are recorded as possessing school level qualifications and 54.1% 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 2, Park Street, Tunbridge Wells, the average age was 40.7 and the most common age was 42.
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 2, Park Street, Tunbridge Wells, 1.0% 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 2, Park Street, Tunbridge Wells, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
