Flat 1, 2
Flat 1, 2
Description & Estimates
Flat 1, 2, Grosvenor Park, Tunbridge Wells is recorded publicly as a period leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, 2, Grosvenor Park, Tunbridge Wells is £146,790 and its rental estimate is £766 per month, given the available information and assuming reasonable condition.
2, Grosvenor Park is a residential building on Grosvenor Park, Tunbridge Wells, TN1 and falls within the TN1 postal district and the borough of Tunbridge Wells.
Our Data Sources
Flat 1, 2, Grosvenor Park, Tunbridge Wells has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated August 2024.
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.
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 Flat 1, 2, Grosvenor Park, Tunbridge Wells, we estimate a market value of £154,130 and a rental value of £805 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £136,515 and £713 per month respectively.
Recent Market Change
Over the last year, Flat 1, 2, Grosvenor Park, Tunbridge Wells has seen its estimated sale value decline by £1,753 (1.2%) and its estimated rental value climb by £29 per month (3.8%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 1, 2, Grosvenor Park, Tunbridge Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 Aug 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 1, 2, Grosvenor Park, Tunbridge Wells completed on 29th February 2024 at £135,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 8.8% over the period since February 2024.
- Sold Feb 2024£135,000
- Sold Dec 1999£57,000
- Sold May 1997£36,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, 2, Grosvenor Park, Tunbridge Wells have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2023, was Flat 3, 2, Grosvenor Park, Tunbridge Wells, TN1 2BD, a leasehold flat which sold for £85,000.
Read more about house prices in TN1.
- Sold Aug 2023£85,000 | 1 Bed Flat2, Grosvenor ParkFlat 3, 2, Grosvenor Park, Tunbridge Wells, TN1 2BD
- Sold Feb 2022£163,000 | 1 Bed Flat19-21, Upper Grosvenor RoadFlat 4, 19-21, Upper Grosvenor Road, Tunbridge Wells, TN1 2DU
- Sold Feb 2022£190,000 | 1 Bed Flat3, Park RoadFlat 4, 3, Park Road, Tunbridge Wells, TN4 9JN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 86 addresses on Grosvenor Park, Tunbridge Wells, TN1, Flat 1, 2, Grosvenor Park, Tunbridge Wells comes out as the 80th largest and the 85th most expensive in our analysis of the public data.
It is also £274k less expensive than the average property across the TN1 district.
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Schools Nearby
- 200mThe Wells Free School
- 500mSt Barnabas CofE VA Primary School
- 800mSt James' Church of England Voluntary Aided Primary School
- 700mThe Skinners' School
- 900mTunbridge Wells Girls' Grammar School
- 1.2kmBennett Memorial Diocesan School
More reading links
Public Transport Nearby
From Flat 1, 2, Grosvenor Park, Tunbridge Wells, the nearest station is Tunbridge Wells, 800 metres away.
- 800mTunbridge Wells
- 1.7kmHigh Brooms
- 4.3kmFrant
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.
