Tonbridge

Area Guide For Tonbridge

Tonbridge and Malling is an English local government district and borough in the English county of Kent. Tonbridge and Malling Borough covers an area from the North Downs at Burham and Snodland in the north to the town of Tonbridge in the south. The River Medway flows in a north easterly direction, through the borough towards the Medway Gap. The district was created under the Local Government Act 1972, on 1 April 1974. It was a merger of the urban district of Tonbridge, together with Malling Rural District and the villages of Hadlow and Hildenborough from Tonbridge Rural District. The area has been occupied for thousands of years. The Neolithic people left behind much evidence: megaliths such as Kit's Coty House at Aylesford and the Coldrum Stones at Trottiscliffe and the Long barrows at Addington being examples. Bronze and Iron Age finds are also plentiful. So too is Romano-British: evidence is to be found all along the Medway Valley. The immediate district of Tonbridge is omitted from the Domesday Book; however most other settlements in the Borough are included. Castles were built at Tonbridge, Allington and West Malling in the 13th century. Religious houses Malling, Aylesford

 
 

Tonbridge Map

Estimated Price: £413,065
Average Asking Price: £481,842
Price change in last one year: £47,121
Average Price Paid: £321,853
Average Rent Rates: £1,736

 
 

Property Prices Breakdown in Tonbridge

Average Price for property in Tonbridge is around £413,065 which varies based on type of property you are interested in and ranges from £636,883 for detached house to around £352,588 for semi-detached. Similarly terraced house is around £268,665 and a flat is worth £254,080. Values have been changing and have risen £6,305 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £18,769 in last 6 months, £47,121 in last 1 year, £56,465 in last 2 years, £64,293 in last 3 years, £60,682 in last 4 years and £80,286 in last 5 years.

Currently average asking price of a property in Tonbridge is around £481,842 based on approximately 1,076 properties for sale. Same is the case with rental options based on 105 properties up for rent, average asking rent is around £1,736 per month.

Estimated property value in Tonbridge is £413,065. Average asking price is £481,842 while average price paid is £356,930 which is up by £47,121 and Avg. asking rent £1,736.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 Tonbridge area. In last 1 year alone average price buyer paid is around £356,930 based on approximately 1,076 sales in Tonbridge area alone. If you compare it to last 3 years sales of 3,159 properties where buyers paid around £327,462. 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 £321,853 for 5,081 and average amount paid for purchase of approx. 6,664 properties sold in last 7 years comes to about £315,384 per sale.

 
 

Properties For Sale in Tonbridge

 
 

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 £180,325, £267,981 for a 2 bedroom house, £368,479 for a 3 bedroom house, £552,071 for a 4 bedroom house and £799,136 for a 5 bedroom house. For a flat similarly the prices varies from £139,861 for a single bedroom to £259,246 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £522,750. To sum up the asking prices for properties in Tonbridge it comes to around average £162,983 for 1 bedroom property, £264,487 for 2 bedroom, £371,596 for 3 bedroom, £552,071 for 4 bedroom and £799,136 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 £635 for 1 bedroom to £1,018 for 2 bedrooms, £1,303 for 3 bedrooms, £1,801 for 4 bedrooms and £2,597 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £681. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,099 and £849 for 3 bedroom. You should be generally be expecting around average £663 rent per month for single bedroom property, £1,043 for 2 bedroom, £1,289 for 3 bedroom, £1,801 for 4 bedroom and approximately £2,597 for a 5 bedroom property in Tonbridge area.

Popular Houses in Tonbridge

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.

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