5, Forest Gate House 63
5, Forest Gate House 63
Description & Estimates
According to the public record, 5, Forest Gate House 63, Tunbridge Wells is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Forest Gate House 63, Tunbridge Wells is £436,848 and the estimated rental value is £1,616 per month.
The apartment is within Forest Gate House, Broadwater Down, Tunbridge Wells, TN2.
Broadwater Down, Tunbridge Wells, TN2 is located in the borough of Tunbridge Wells within the TN2 postal district.
Our Data Sources
5, Forest Gate House 63, Tunbridge Wells has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 5, Forest Gate House 63, Tunbridge Wells is in very good condition we estimate a sale value of £458,691 and a rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,269 and a rental value of £1,503 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Forest Gate House 63, Tunbridge Wells has moved down by £7,646 (1.8%), while its estimated rental value has increased by £48 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Energy Efficiency
5, Forest Gate House 63, Tunbridge Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Forest Gate House 63, Tunbridge Wells was last sold on 11th September 2023 for £485,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has dropped by 38.0%.
- Sold Sep 2023£485,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Forest Gate House 63, Tunbridge Wells within a radius of 990 metres over the last 2 years.
The most recent example is 10, Broadwater House 46, Broadwater Down, Tunbridge Wells, TN2 5PE, a leasehold flat which sold for £570,000 on the 7th July 2023.
Read more about house prices in TN2.
- Sold Jul 2023£570,000 | 2 Bed FlatBroadwater House 46, Broadwater Down10, Broadwater House 46, Broadwater Down, Tunbridge Wells, TN2 5PE
- Sold Nov 2022£487,500 | 2 Bed FlatBroadwater House 46, Broadwater Down11, Broadwater House 46, Broadwater Down, Tunbridge Wells, TN2 5PE
- Sold Oct 2022£540,000 | 2 Bed FlatBroadwater House 46, Broadwater Down6, Broadwater House 46, Broadwater Down, Tunbridge Wells, TN2 5PE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Broadwater Down, Tunbridge Wells, TN2 has a total of 303 addresses. According to our analysis of all the public data, 5, Forest Gate House 63, Tunbridge Wells is the 181st largest and the 140th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in TN2.
More reading links
Schools Nearby
- 500mSt Mark's Church of England Primary School
- 800mBroadwater Down Primary School
- 2.2kmClaremont Primary School
- 3.0kmBennett Memorial Diocesan School
- 3.2kmThe Skinners' School
- 3.4kmTunbridge Wells Girls' Grammar School
More reading links
Public Transport Nearby
The closest station to 5, Forest Gate House 63, Tunbridge Wells is Tunbridge Wells station, which is 2.1 kilometres away.
- 2.1kmTunbridge Wells
- 3.8kmFrant
- 4.2kmEridge
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
