8, Lorenden Park
8, Lorenden Park
Description & Estimates
8, Lorenden Park, Cranbrook is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 8, Lorenden Park, Cranbrook is £199,214 and its rental estimate is £1,052 per month, given the available information and assuming reasonable condition.
Lorenden Park, Hawkhurst, Cranbrook, TN18 falls within the TN18 postal district, in the borough of Tunbridge Wells.
Our Data Sources
8, Lorenden Park, Cranbrook has 21 entries in the Land Registry , most recently in February 2018 and a single entry in the EPC database dated July 2017.
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.
Price Range & Condition
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 8, Lorenden Park, Cranbrook, we estimate a market value of £209,175 and a rental value of £1,104 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £185,269 and £978 per month respectively.
Recent Market Change
Over the last year, 8, Lorenden Park, Cranbrook has seen its estimated sale value fall by £1,789 (0.9%) and its estimated rental value move up by £28 per month (2.6%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
8, Lorenden Park, Cranbrook has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 8, Lorenden Park, Cranbrook completed on 21st February 2018 at £182,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 25.3% over the period since February 2018.
- Sold Feb 2018£182,000
- Sold Jun 1995£65,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Lorenden Park, Cranbrook have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2024, was Flat 5, Weavers House, Highgate Hill, Cranbrook, TN18 4FH, a leasehold flat which sold for £290,998.
Read more about house prices in TN18.
- Sold Dec 2024£290,998 | 2 Bed FlatWeavers House, Highgate HillFlat 5, Weavers House, Highgate Hill, Cranbrook, TN18 4FH
- Sold Oct 2024£357,995 | 2 Bed FlatWeavers House, Highgate HillFlat 7, Weavers House, Highgate Hill, Cranbrook, TN18 4FH
- Sold Sep 2022£190,000 | 2 Bed FlatLorenden Park14, Lorenden Park, Cranbrook, TN18 4LF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 13 addresses on Lorenden Park, Hawkhurst, Cranbrook, TN18, 8, Lorenden Park, Cranbrook comes out as the 11th largest and the 13th most expensive in our analysis of the public data.
It is also £308k less expensive than the average property across the TN18 district.
More reading links
Schools Nearby
- 600mHawkhurst Church of England Primary School
- 4.3kmHurst Green Church of England Primary School and Nursery
- 4.7kmSandhurst Primary School
- 5.9kmCranbrook School
- 7.5kmRobertsbridge Community College
- 11.9kmUplands Academy
More reading links
Public Transport Nearby
From 8, Lorenden Park, Cranbrook, the nearest station is Etchingham, 6.1 kilometres away.
- 6.1kmEtchingham
- 7.4kmRobertsbridge
- 10.5kmStonegate
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
