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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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9, Pen Way, Tonbridge is recorded publicly as a mid-century freehold house across 624 ft2 of internal area, sitting on a 317 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Pen Way, Tonbridge is £387,983 and its rental estimate is £1,650 per month, given the available information and assuming reasonable condition.
Pen Way, Tonbridge, TN10 falls within the TN10 postal district, in the borough of Tonbridge and Malling.
9, Pen Way, Tonbridge has 2 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated February 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 9, Pen Way, Tonbridge, we estimate a market value of £407,382 and a rental value of £1,733 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,824 and £1,535 per month respectively.
Over the last year, 9, Pen Way, Tonbridge has seen its estimated sale value drop by £3,460 (0.9%) and its estimated rental value rise by £45 per month (2.7%). This results in an estimated gross rental yield of 5.1%.
HM Land Registry records the plot of land for 9, Pen Way, Tonbridge as measuring 317 m2.
That makes it the 15th largest plot in the postcode, where all 29 other houses have recorded plot data.
9, Pen Way, Tonbridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 9, Pen Way, Tonbridge completed on 14th July 2022 at £436,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.1% over the period since July 2022.
Over the past 2 years 3 properties similar to 9, Pen Way, Tonbridge have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th July 2024, was 16, Pen Way, Tonbridge, TN10 4JN, a freehold house which sold for £375,000.
Read more about house prices in TN10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 29 addresses on Pen Way, Tonbridge, TN10, 9, Pen Way, Tonbridge comes out as the 22nd largest and the 21st most expensive in our analysis of the public data.
It is also £83k less expensive than the average property across the TN10 district.
From 9, Pen Way, Tonbridge, the nearest station is Tonbridge, 2.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Pen Way, Tonbridge, 51.2% of property is privately owned outright and 18.3% 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 9, Pen Way, Tonbridge, 19.4% of residents are recorded as possessing school level qualifications and 27.1% 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 9, Pen Way, Tonbridge, the average age was 44.3 and the most common age was 57.
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 9, Pen Way, Tonbridge, 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 9, Pen Way, Tonbridge, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
