Values have been changing and have risen £1,358 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,845 in last 6 months, £18,607 in last 1 year, £25,780 in last 2 years, £29,421 in last 3 years, £29,400 in last 4 years and £30,763 in last 5 years.
Currently average asking price of a property in Sherwood Road, 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 Sherwood Road, Tunbridge Wells, TN2 is £204,002. Average asking price is £475,598 while average price paid is £186,650 which is up by £18,607 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 Sherwood Road, Tunbridge Wells, TN2 area. In last 1 year alone average price buyer paid is around £186,650 based on approximately 3 sales in Sherwood Road, Tunbridge Wells, TN2 area alone. If you compare it to last 3 years sales of 10 properties where buyers paid around £186,990. 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 £177,847 for 17 and average amount paid for purchase of approx. 23 properties sold in last 7 years comes to about £171,734 per sale.