78, Pennington Road
78, Pennington Road
Description & Estimates
According to the public record, 78, Pennington Road, Tunbridge Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,200 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 78, Pennington Road, Tunbridge Wells is £1,184,627 and the estimated rental value is £2,916 per month.
Pennington Road, Tunbridge Wells, TN4 is located in the borough of Tunbridge Wells within the TN4 postal district.
Our Data Sources
78, Pennington Road, Tunbridge Wells has 21 entries in the Land Registry , most recently in January 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 78, Pennington Road, Tunbridge Wells is in very good condition we estimate a sale value of £1,243,859 and a rental value of £3,062 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,101,704 and a rental value of £2,712 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 78, Pennington Road, Tunbridge Wells has fallen by £36,026 (3.0%), while its estimated rental value has moved up by £56 per month (1.9%). Based on current estimates, the property offers a gross rental yield of 3.0%.
Sold Prices
According to HM Land Registry, 78, Pennington Road, Tunbridge Wells was last sold on 14th January 2022 for £1,550,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2022, the market for similar properties has dropped by 12.1%.
- Sold Jan 2022£1,550,000
- Sold Jun 1998£475,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 78, Pennington Road, Tunbridge Wells within a radius of 790 metres over the last 2 years.
The most recent example is 5, Valley View, Tunbridge Wells, TN4 0SY, a freehold house which sold for £995,000 on the 26th October 2023.
Read more about house prices in TN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Pennington Road, Tunbridge Wells, TN4 has a total of 95 addresses. According to our analysis of all the public data, 78, Pennington Road, Tunbridge Wells is the 20th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £679k more expensive than the average property in TN4.
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Schools Nearby
- 900mSt Matthew's High Brooms Church of England Voluntary Controlled Primary School
- 1.2kmSouthborough CofE Primary School
- 1.3kmSt John's Church of England Primary School
- 1.1kmSt Gregory's Catholic School
- 1.2kmTunbridge Wells Grammar School for Boys
- 1.9kmTunbridge Wells Girls' Grammar School
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Public Transport Nearby
The closest station to 78, Pennington Road, Tunbridge Wells is High Brooms station, which is 1.5 kilometres away.
- 1.5kmHigh Brooms
- 3.4kmTunbridge Wells
- 3.4kmTonbridge
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
