School Hill, Lamberhurst, Tunbridge Wells, TN3

Street Guide For School Hill, Lamberhurst, Tunbridge Wells, TN3

 

School Hill, Lamberhurst, Tunbridge Wells, TN3 Map

Estimated Price: £359,833
Average Asking Price: £800,282
Price change in last one year: £33,379
Average Price Paid: £265,494
Average Rent Rates: £1,544

 

Property Prices Breakdown in School Hill, Lamberhurst, Tunbridge Wells, TN3

Average Price for property in School Hill, Lamberhurst, Tunbridge Wells, TN3 is around £359,833 which varies based on type of property you are interested in and ranges from £847,680 for detached house to around £548,091 for semi-detached. Similarly terraced house is around £327,243 and a flat is worth £172,588. Values have been changing and have risen £2,397 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,484 in last 6 months, £33,379 in last 1 year, £44,308 in last 2 years, £53,533 in last 3 years, £46,853 in last 4 years and £48,016 in last 5 years.

Currently average asking price of a property in School Hill, Lamberhurst, Tunbridge Wells, TN3 is around £800,282 based on approximately 3 properties for sale. Same is the case with rental options based on 14 properties up for rent, average asking rent is around £1,544 per month.

Estimated property value in School Hill, Lamberhurst, Tunbridge Wells, TN3 is £359,833. Average asking price is £800,282 while average price paid is £280,000 which is up by £33,379 and Avg. asking rent £1,544.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 School Hill, Lamberhurst, Tunbridge Wells, TN3 area. In last 1 year alone average price buyer paid is around £280,000 based on approximately 3 sales in School Hill, Lamberhurst, Tunbridge Wells, TN3 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £211,285. 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 £265,494 for 17 and average amount paid for purchase of approx. 21 properties sold in last 7 years comes to about £264,947 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 £215,000, £232,495 for a 2 bedroom house, £536,785 for a 3 bedroom house, £671,954 for a 4 bedroom house and £1,184,500 for a 5 bedroom house. For a flat similarly the prices varies from £134,472 for a single bedroom to £471,667 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £450,000. To sum up the asking prices for properties in School Hill, Lamberhurst, Tunbridge Wells, TN3 it comes to around average £150,578 for 1 bedroom property, £283,746 for 2 bedroom, £530,999 for 3 bedroom, £671,954 for 4 bedroom and £1,184,500 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 £1,117 for 2 bedroom to £1,499 for 3 bedroom, £1,996 for 4 bedroom and £2,301 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £737. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £875. You should be generally be expecting around average £736 rent per month for single bedroom property, £1,056 for 2 bedroom, £1,500 for 3 bedroom, £1,996 for 4 bedroom and approximately £2,301 for a 5 bedroom property in School Hill, Lamberhurst, Tunbridge Wells, TN3 area.

Popular Houses in School Hill, Lamberhurst, Tunbridge Wells, TN3

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 School Hill, Lamberhurst, Tunbridge Wells, TN3