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According to the public record, Flat 3, 8, Spa Crescent, Tunbridge Wells is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 8, Spa Crescent, Tunbridge Wells is £233,812 and the estimated rental value is £1,107 per month.
The apartment is within 8, Spa Crescent, Tunbridge Wells, TN4.
Spa Crescent, Tunbridge Wells, TN4 is located in the borough of Tunbridge Wells within the TN4 postal district.
Flat 3, 8, Spa Crescent, Tunbridge Wells has 2 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated January 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 3, 8, Spa Crescent, Tunbridge Wells is in very good condition we estimate a sale value of £245,502 and a rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,445 and a rental value of £1,030 per month.
Over the last 12 months the sale value of Flat 3 8 Spa Crescent Tunbridge Wells has decreased by an estimated £4,102 (1.8%) and its rental value has increased by an estimated £47 per month (4.2%), giving an expected gross yield of 5.7%.
Flat 3, 8, Spa Crescent, Tunbridge Wells has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jan 2013.
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 3, 8, Spa Crescent, Tunbridge Wells was last sold on 13th December 2023 for £275,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2023, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 8, Spa Crescent, Tunbridge Wells within a radius of 760 metres over the last 2 years.
The most recent example is Flat 7, 8, Spa Crescent, Tunbridge Wells, TN4 8FB, a leasehold flat which sold for £85,500 on the 22nd June 2023.
Read more about house prices in TN4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spa Crescent, Tunbridge Wells, TN4 has a total of 15 addresses. According to our analysis of all the public data, Flat 3, 8, Spa Crescent, Tunbridge Wells is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £274k less expensive than the average property in TN4.
The closest station to Flat 3, 8, Spa Crescent, Tunbridge Wells is Tunbridge Wells station which is 1.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 8, Spa Crescent, 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 3, 8, Spa Crescent, 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 3, 8, Spa Crescent, 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 3, 8, Spa Crescent, 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 3, 8, Spa Crescent, 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.
