Spencer Mews, Berkeley Road, Tunbridge Wells, TN1

Street Guide For Spencer Mews, Berkeley Road, Tunbridge Wells, TN1

 

Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 Map

Estimated Price: £561,728
Average Asking Price: £351,407
Price change in last one year: £53,308
Average Price Paid: £450,000
Average Rent Rates: £921

 

Property Prices Breakdown in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1

Average Price for property in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 is around £561,728 which varies based on type of property you are interested in and ranges from £556,361 for semi-detached to around £564,411 for terraced house. Values have been changing and have risen £3,028 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,038 in last 6 months, £53,308 in last 1 year, £72,322 in last 2 years, £77,810 in last 3 years, £72,596 in last 4 years and £83,643 in last 5 years.

Currently average asking price of a property in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 is around £351,407 based on approximately 0 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 Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 is £561,728. Average asking price is £351,407 while average price paid is £450,000 which is up by £77,810 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 Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 area. In last 3 years alone average price buyer paid is around £450,000 based on approximately 1 sales in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 area alone. If you compare it to last 5 years sales of 1 properties where buyers paid around £450,000. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £450,000 for 1 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 2 bedroom is around £251,562, £437,200 for a 3 bedroom house, £736,250 for a 4 bedroom house and £2,122,500 for a 5 bedroom house. For a flat similarly the prices varies from £141,945 for a single bedroom to £248,429 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £765,833. To sum up the asking prices for properties in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 it comes to around average £141,945 for 1 bedroom property, £249,357 for 2 bedroom, £560,437 for 3 bedroom, £736,250 for 4 bedroom and £2,122,500 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 £1,072 for 2 bedroom to £1,359 for 3 bedroom and £2,201 for 5 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £653. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £975 and £2,617 for 3 bedroom. You should be generally be expecting around average £653 rent per month for single bedroom property, £1,031 for 2 bedroom, £1,719 for 3 bedroom and approximately £2,201 for 5 bedroom property in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1 area.

Popular Houses in Spencer Mews, Berkeley Road, Tunbridge Wells, TN1

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 Spencer Mews, Berkeley Road, Tunbridge Wells, TN1