Oakwood Rise, Tunbridge Wells, TN2

Street Guide For Oakwood Rise, Tunbridge Wells, TN2

 

Oakwood Rise, Tunbridge Wells, TN2 Map

Estimated Price: £219,091
Average Asking Price: £475,598
Price change in last one year: £18,520
Average Price Paid: £153,532
Average Rent Rates: £1,126

 

Property Prices Breakdown in Oakwood Rise, Tunbridge Wells, TN2

Average Price for property in Oakwood Rise, Tunbridge Wells, TN2 is around £219,091 which varies based on type of property you are interested in and ranges from £354,717 for detached house to around £297,478 for semi-detached. Similarly terraced house is around £187,475 and a flat is worth £132,907. Values have been changing and have risen £1,351 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,822 in last 6 months, £18,520 in last 1 year, £25,658 in last 2 years, £29,282 in last 3 years, £29,261 in last 4 years and £30,615 in last 5 years.

Currently average asking price of a property in Oakwood Rise, Tunbridge Wells, TN2 is around £475,598 based on approximately 3 properties for sale. Same is the case with rental options based on 41 properties up for rent, average asking rent is around £1,126 per month.

Estimated property value in Oakwood Rise, Tunbridge Wells, TN2 is £219,091. Average asking price is £475,598 while average price paid is £158,858 which is up by £18,520 and Avg. asking rent £1,126.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 Oakwood Rise, Tunbridge Wells, TN2 area. In last 1 year alone average price buyer paid is around £158,858 based on approximately 3 sales in Oakwood Rise, Tunbridge Wells, TN2 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £171,280. 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 £153,532 for 16 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £159,051 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £201,999, £294,604 for a 2 bedroom house, £438,710 for a 3 bedroom house, £595,100 for a 4 bedroom house and £809,231 for a 5 bedroom house. For a flat similarly the prices varies from £196,571 for a single bedroom to £298,757 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £451,667 and £425,000 for a 5 bedroom flat. To sum up the asking prices for properties in Oakwood Rise, Tunbridge Wells, TN2 it comes to around average £198,167 for 1 bedroom property, £297,169 for 2 bedroom, £439,853 for 3 bedroom, £595,100 for 4 bedroom and £758,000 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £799 for 1 bedroom to £919 for 2 bedrooms, £1,377 for 3 bedrooms, £1,923 for 4 bedrooms and £3,250 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £678. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £924 and £1,350 for 3 bedroom. You should be generally be expecting around average £723 rent per month for single bedroom property, £922 for 2 bedroom, £1,371 for 3 bedroom, £1,923 for 4 bedroom and approximately £3,250 for a 5 bedroom property in Oakwood Rise, Tunbridge Wells, TN2 area.

Popular Houses in Oakwood Rise, Tunbridge Wells, TN2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Oakwood Rise, Tunbridge Wells, TN2