Paygate, Cranbrook
Paygate, Cranbrook
Description & Estimates
Paygate, Cranbrook is recorded publicly as a period freehold house across 688 ft2 of internal area, sitting on a 13,886 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Paygate, Cranbrook is £513,583 and its rental estimate is £1,402 per month, given the available information and assuming reasonable condition.
Winchet Hill, Goudhurst, Cranbrook, TN17 falls within the TN17 postal district, in the borough of Tunbridge Wells.
Our Data Sources
Paygate, Cranbrook has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 Paygate, Cranbrook, we estimate a market value of £539,262 and a rental value of £1,472 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £477,632 and £1,303 per month respectively.
Recent Market Change
Over the last year, Paygate, Cranbrook has seen its estimated sale value fall by £5,572 (1.1%) and its estimated rental value move up by £24 per month (1.7%). This results in an estimated gross rental yield of 3.3%.
Plot Size
HM Land Registry records the plot of land for Paygate, Cranbrook as measuring 13,886 m2.
That makes it the largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Energy Efficiency
Paygate, Cranbrook has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 09 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Paygate, Cranbrook completed on 6th January 2022 at £503,319 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 14.5% over the period since January 2022.
- Sold Jan 2022£503,319
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Paygate, Cranbrook has sold within a radius of 3.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2015, was 2 Bainden Cottages, School House Lane, Tonbridge, TN12 8BT, a freehold house which sold for £325,000.
Read more about house prices in TN17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 18 addresses on Winchet Hill, Goudhurst, Cranbrook, TN17, Paygate, Cranbrook comes out as the 18th largest and the 17th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the TN17 district.
More reading links
Schools Nearby
- 3.0kmColliers Green Church of England Primary School
- 3.1kmGoudhurst and Kilndown Church of England Primary School
- 3.4kmLeigh Academy Horsmonden
- 6.2kmCranbrook School
- 7.2kmLeigh Academy Mascalls
- 10.4kmCornwallis Academy
More reading links
Public Transport Nearby
From Paygate, Cranbrook, the nearest station is Marden (Kent), 4.0 kilometres away.
- 4.0kmMarden (Kent)
- 5.9kmStaplehurst
- 8.0kmPaddock Wood
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
