Penshurst Road, Penshurst, Tonbridge, TN11

Street Guide For Penshurst Road, Penshurst, Tonbridge, TN11

 

Penshurst Road, Penshurst, Tonbridge, TN11 Map

Estimated Price: £1,029,807
Average Asking Price: £603,568
Price change in last one year: £95,767
Average Price Paid: £717,422
Average Rent Rates: £1,841

 

Property Prices Breakdown in Penshurst Road, Penshurst, Tonbridge, TN11

Average Price for property in Penshurst Road, Penshurst, Tonbridge, TN11 is around £1,029,807 which varies based on type of property you are interested in and ranges from £1,145,992 for detached house to around £762,815 for semi-detached. Similarly terraced house is around £860,739 and a flat is worth £996,917. Values have been changing and have risen £8,003 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £21,246 in last 6 months, £95,767 in last 1 year, £121,961 in last 2 years, £164,039 in last 3 years, £144,786 in last 4 years and £168,117 in last 5 years.

Currently average asking price of a property in Penshurst Road, Penshurst, Tonbridge, TN11 is around £603,568 based on approximately 4 properties for sale. Same is the case with rental options based on 28 properties up for rent, average asking rent is around £1,841 per month.

Estimated property value in Penshurst Road, Penshurst, Tonbridge, TN11 is £1,029,807. Average asking price is £603,568 while average price paid is £648,525 which is up by £95,767 and Avg. asking rent £1,841.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 Penshurst Road, Penshurst, Tonbridge, TN11 area. In last 1 year alone average price buyer paid is around £648,525 based on approximately 4 sales in Penshurst Road, Penshurst, Tonbridge, TN11 area alone. If you compare it to last 3 years sales of 12 properties where buyers paid around £645,383. 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 £717,422 for 39 and average amount paid for purchase of approx. 47 properties sold in last 7 years comes to about £747,569 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 £210,000, £292,231 for a 2 bedroom house, £416,296 for a 3 bedroom house, £696,495 for a 4 bedroom house and £1,063,750 for a 5 bedroom house. For a flat similarly the prices varies from £332,500 for a 2 bedroom to £750,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Penshurst Road, Penshurst, Tonbridge, TN11 it comes to around average £210,000 for 1 bedroom property, £301,706 for 2 bedroom, £437,153 for 3 bedroom, £696,495 for 4 bedroom and £1,063,750 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 £1,034 for 2 bedroom to £1,560 for 3 bedroom, £1,973 for 4 bedroom and £3,161 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £576. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,798. You should be generally be expecting around average £576 rent per month for single bedroom property, £1,161 for 2 bedroom, £1,560 for 3 bedroom, £1,973 for 4 bedroom and approximately £3,161 for a 5 bedroom property in Penshurst Road, Penshurst, Tonbridge, TN11 area.

Popular Houses in Penshurst Road, Penshurst, Tonbridge, TN11

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 Penshurst Road, Penshurst, Tonbridge, TN11