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According to the public record, 5, Lake Road, Tunbridge Wells is a mid-century freehold house with 2,432 ft2 of internal area and sits on a 1,595 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Lake Road, Tunbridge Wells is £1,658,080 and the estimated rental value is £3,874 per month.
Lake Road, Tunbridge Wells, TN4 is located in the borough of Tunbridge Wells within the TN4 postal district.
5, Lake Road, Tunbridge Wells has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated August 2020.
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 5, Lake Road, Tunbridge Wells is in very good condition we estimate a sale value of £1,740,984 and a rental value of £4,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,542,014 and a rental value of £3,603 per month.
Over the last 12 months the sale value of 5 Lake Road Tunbridge Wells has decreased by an estimated £50,424 (3.0%) and its rental value has increased by an estimated £75 per month (1.9%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, 5, Lake Road, Tunbridge Wells sits on a plot of 1595m2.
We have plot size data on 13 out of 13 other houses in the postcode and 5, Lake Road, Tunbridge Wells sits on the 5th largest plot.
5, Lake Road, Tunbridge Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Lake Road, Tunbridge Wells was last sold on 28th June 2021 for £1,390,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has dropped 22.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Lake Road, Tunbridge Wells within a radius of 830 metres over the last 2 years.
The most recent example is 1, Lake Road, Tunbridge Wells, TN4 8XT, a freehold house which sold for £1,480,000 on the 2nd October 2020.
Read more about house prices in TN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lake Road, Tunbridge Wells, TN4 has a total of 13 addresses. According to our analysis of all the public data, 5, Lake Road, Tunbridge Wells is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.153m more expensive than the average property in TN4.
The closest station to 5, Lake Road, Tunbridge Wells is Tunbridge Wells station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 5, Lake Road, Tunbridge Wells, 53.2% of property is privately owned outright and 35.7% 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 5, Lake Road, Tunbridge Wells, 20.1% of residents are recorded as possessing school level qualifications and 44.4% 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 5, Lake Road, Tunbridge Wells, the average age was 41.4 and the most common age was 47.
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 5, Lake Road, Tunbridge Wells, 0.7% 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 5, Lake Road, Tunbridge Wells, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.