Flat 2, 28
Flat 2, 28
Description & Estimates
Flat 2, 28, Eridge Road, Tunbridge Wells is recorded publicly as a period leasehold apartment across 333 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 2, 28, Eridge Road, Tunbridge Wells is £162,043 and its rental estimate is £789 per month, given the available information and assuming reasonable condition.
28, Eridge Road is a residential building on Eridge Road, Tunbridge Wells, TN4 and falls within the TN4 postal district and the borough of Tunbridge Wells.
Our Data Sources
Flat 2, 28, Eridge Road, Tunbridge Wells has 61 entries in the Land Registry , most recently in July 2015 and a single entry in the EPC database dated May 2019.
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 Flat 2, 28, Eridge Road, Tunbridge Wells, we estimate a market value of £170,145 and a rental value of £829 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £150,700 and £734 per month respectively.
Recent Market Change
Over the last year, Flat 2, 28, Eridge Road, Tunbridge Wells has seen its estimated sale value decline by £1,547 (1.0%) and its estimated rental value climb by £30 per month (3.8%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 2, 28, Eridge Road, Tunbridge Wells has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 31 May 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, 28, Eridge Road, Tunbridge Wells completed on 15th July 2015 at £126,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 19.7% over the period since July 2015.
- Sold Jul 2015£126,000
- Sold Aug 2012£94,995
- Sold Oct 2010£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 28, Eridge Road, Tunbridge Wells have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th April 2023, was Flat 2, 3, Montacute Gardens, Tunbridge Wells, TN4 8HG, a leasehold flat which sold for £160,000.
Read more about house prices in TN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 81 addresses on Eridge Road, Tunbridge Wells, TN4, Flat 2, 28, Eridge Road, Tunbridge Wells comes out as the 81st largest and the 79th most expensive in our analysis of the public data.
It is also £343k less expensive than the average property across the TN4 district.
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Schools Nearby
- 400mBroadwater Down Primary School
- 800mSt Mark's Church of England Primary School
- 1.3kmClaremont Primary School
- 2.1kmBennett Memorial Diocesan School
- 2.2kmThe Skinners' School
- 2.3kmTunbridge Wells Girls' Grammar School
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Public Transport Nearby
From Flat 2, 28, Eridge Road, Tunbridge Wells, the nearest station is Tunbridge Wells, 1.0 kilometres away.
- 1.0kmTunbridge Wells
- 3.3kmHigh Brooms
- 3.7kmFrant
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated high, based on Environment Agency data.
