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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 15, Spring Walk, Tunbridge Wells is £324,301 and the estimated rental value is £1,209 per month.
The apartment is within 15, Spring Walk, Tunbridge Wells, TN4.
Spring Walk, Tunbridge Wells, TN4 is located in the borough of Tunbridge Wells within the TN4 postal district.
Flat 2, 15, Spring Walk, Tunbridge Wells has 2 entries in the Land Registry , most recently in September 2017 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 4 out of 5 and is considered of high accuracy.
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 Flat 2, 15, Spring Walk, Tunbridge Wells is in very good condition we estimate a sale value of £340,516 and a rental value of £1,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,600 and a rental value of £1,124 per month.
Over the last 12 months the sale value of Flat 2 15 Spring Walk Tunbridge Wells has decreased by an estimated £8,947 (2.8%) and its rental value has increased by an estimated £28 per month (2.3%), giving an expected gross yield of 4.5%.
Flat 2, 15, Spring Walk, Tunbridge Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Feb 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 15, Spring Walk, Tunbridge Wells was last sold on 21st September 2017 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2017, the market for similar properties has dropped 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 15, Spring Walk, Tunbridge Wells within a radius of 740 metres over the last 2 years.
The most recent example is Flat 1, 15, Spring Walk, Tunbridge Wells, TN4 8EQ, a leasehold flat which sold for £280,000 on the 26th April 2024.
Read more about house prices in TN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Walk, Tunbridge Wells, TN4 has a total of 23 addresses. According to our analysis of all the public data, Flat 2, 15, Spring Walk, Tunbridge Wells is the 9th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in TN4.
The closest station to Flat 2, 15, Spring Walk, Tunbridge Wells is Tunbridge Wells station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 15, Spring Walk, Tunbridge Wells, 44.8% of property is socially rented and 17.9% is privately owned outright.
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 Flat 2, 15, Spring Walk, Tunbridge Wells, 25.7% of residents are recorded as possessing school level qualifications and 37.2% 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 Flat 2, 15, Spring Walk, Tunbridge Wells, the average age was 40.3 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 Flat 2, 15, Spring Walk, Tunbridge Wells, 0.3% 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 Flat 2, 15, Spring Walk, Tunbridge Wells, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.