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According to the public record, 7, Horsley Place, Cranbrook is a modern leasehold apartment with 602 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 7, Horsley Place, Cranbrook is £295,552 and the estimated rental value is £1,200 per month.
Horsley Place, Cranbrook, TN17 is located in the borough of Tunbridge Wells within the TN17 postal district.
7, Horsley Place, Cranbrook has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated June 2015.
We combine this information with that 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.
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 7, Horsley Place, Cranbrook is in very good condition we estimate a sale value of £310,330 and a rental value of £1,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,864 and a rental value of £1,116 per month.
Over the last 12 months the sale value of 7 Horsley Place Cranbrook has decreased by an estimated £2,459 (0.8%) and its rental value has increased by an estimated £29 per month (2.4%), giving an expected gross yield of 4.9%.
7, Horsley Place, Cranbrook has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jun 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 7, Horsley Place, Cranbrook was last sold on 27th November 2015 for £292,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2015, the market for similar properties has dropped 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Horsley Place, Cranbrook within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 6, Horsley Place, Cranbrook, TN17 3DH, a leasehold flat which sold for £300,000 on the 10th April 2024.
Read more about house prices in TN17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horsley Place, Cranbrook, TN17 has a total of 26 addresses. According to our analysis of all the public data, 7, Horsley Place, Cranbrook is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £295k less expensive than the average property in TN17.
The closest station to 7, Horsley Place, Cranbrook is Staplehurst station which is 8.6 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 7, Horsley Place, Cranbrook, 51.0% 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 7, Horsley Place, Cranbrook, 18.4% of residents are recorded as possessing school level qualifications and 42.0% 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 7, Horsley Place, Cranbrook, the average age was 43.9 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 7, Horsley Place, Cranbrook, 3.8% 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 7, Horsley 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.
