Average Price for property in Medway Road, Tunbridge Wells, TN1 is around £224,424 e.g. average price for a flat is around 224,424. Values have been changing and have risen £1,205 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,992 in last 6 months, £21,192 in last 1 year, £28,751 in last 2 years, £30,937 in last 3 years, £28,868 in last 4 years and £33,264 in last 5 years.
Currently average asking price of a property in Medway Road, Tunbridge Wells, TN1 is around £351,407 based on approximately 5 properties for sale. Same is the case with rental options based on 51 properties up for rent, average asking rent is around £921 per month.
Estimated property value in Medway Road, Tunbridge Wells, TN1 is £224,424. Average asking price is £351,407 while average price paid is £195,400 which is up by £21,192 and Avg. asking rent £921.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Medway Road, Tunbridge Wells, TN1 area. In last 1 year alone average price buyer paid is around £195,400 based on approximately 5 sales in Medway Road, Tunbridge Wells, TN1 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £185,055. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £177,260 for 46 and average amount paid for purchase of approx. 46 properties sold in last 7 years comes to about £177,260 per sale.