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42A, Broadwater Down, Tunbridge Wells is recorded publicly as a period leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 42A, Broadwater Down, Tunbridge Wells is £385,084 and its rental estimate is £1,569 per month, given the available information and assuming reasonable condition.
42, Broadwater Down is a residential building on Broadwater Down, Tunbridge Wells, TN2 and falls within the TN2 postal district and the borough of Tunbridge Wells.
42A, Broadwater Down, Tunbridge Wells has 51 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 42A, Broadwater Down, Tunbridge Wells, we estimate a market value of £404,338 and a rental value of £1,647 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £358,128 and £1,459 per month respectively.
Over the last year, 42A, Broadwater Down, Tunbridge Wells has seen its estimated sale value fall by £5,422 (1.4%) and its estimated rental value move up by £54 per month (3.4%). This results in an estimated gross rental yield of 4.9%.
42A, Broadwater Down, Tunbridge Wells has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jun 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 42A, Broadwater Down, Tunbridge Wells completed on 21st November 2022 at £331,324 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 34.4% over the period since November 2022.
Over the past 2 years 3 properties similar to 42A, Broadwater Down, Tunbridge Wells have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th September 2024, was 8, Forest Gate House 63, Broadwater Down, Tunbridge Wells, TN2 5TF, a leasehold flat which sold for £475,000.
Read more about house prices in TN2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 303 addresses on Broadwater Down, Tunbridge Wells, TN2, 42A, Broadwater Down, Tunbridge Wells comes out as the 187th largest and the 163rd most expensive in our analysis of the public data.
It is also £136k less expensive than the average property across the TN2 district.
From 42A, Broadwater Down, Tunbridge Wells, the nearest station is Tunbridge Wells, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 42A, Broadwater Down, Tunbridge Wells, 29.4% of property is privately owned with a mortgage and 28.8% is privately rented.
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 42A, Broadwater Down, Tunbridge Wells, 10.9% of residents are recorded as possessing school level qualifications and 46.3% 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 42A, Broadwater Down, Tunbridge Wells, the average age was 43.5 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 42A, Broadwater Down, Tunbridge Wells, 1.0% 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 42A, Broadwater Down, Tunbridge Wells, 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.