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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Tanners, Cranbrook is £1,515,554 and the estimated rental value is £3,517 per month.
Freight Lane, Cranbrook, TN17 is located in the borough of Tunbridge Wells within the TN17 postal district.
Tanners, Cranbrook has 21 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated October 2017.
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 Tanners, Cranbrook is in very good condition we estimate a sale value of £1,591,331 and a rental value of £3,693 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,409,465 and a rental value of £3,271 per month.
Over the last 12 months the sale value of Tanners Cranbrook has increased by an estimated £8,122 (0.5%) and its rental value has increased by an estimated £103 per month (2.9%), giving an expected gross yield of 2.8%.
According to data from HM Land Registry, Tanners, Cranbrook sits on a plot of 983m2.
We have plot size data on 3 out of 3 other houses in the postcode and Tanners, Cranbrook sits on the 2nd largest plot.
Tanners, Cranbrook has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 31 Oct 2017.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, oil.
According to HM Land Registry, Tanners, Cranbrook was last sold on 20th August 2018 for £1,200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2018, the market for similar properties has risen 34.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Tanners, Cranbrook within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Oak Lodge, Hartley Road, Cranbrook, TN17 3QX, a freehold house which sold for £1,300,000 on the 1st September 2023.
Read more about house prices in TN17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Freight Lane, Cranbrook, TN17 has a total of 8 addresses. According to our analysis of all the public data, Tanners, Cranbrook is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £928k more expensive than the average property in TN17.
The closest station to Tanners, Cranbrook is Staplehurst station which is 8.9 kilometres away.
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 Tanners, Cranbrook, 47.0% of property is socially rented and 18.3% 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 Tanners, Cranbrook, 17.8% of residents are recorded as possessing school level qualifications and 20.5% 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 Tanners, Cranbrook, the average age was 43.9 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 Tanners, Cranbrook, 0.8% 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 Tanners, Cranbrook, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.