According to the public record, 16, Newlands, Tunbridge Wells is a mid-century freehold house and with 1,506 ft2 of internal area and sits on a 495 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newlands, Langton Green, Tunbridge Wells, TN3 is located in the borough of Tunbridge Wells within the TN3 postal district.
16, Newlands, Tunbridge Wells has 2 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated January 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Newlands Tunbridge Wells as £752,320 and the rental value as £2,945 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 16 Newlands Tunbridge Wells has decreased by £2,308 (0.3%) and its rental value has increased by £120 per month (4.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Newlands, Tunbridge Wells is in very good condition we estimate a sale value of £789,936 and rental value of £3,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £699,658 and a rental value of £2,739 per month.
If you were able to purchase this property for the estimated value of £752,320, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,697 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 16, Newlands, Tunbridge Wells sits on a plot of 495m2.
We have plot size data on 4 out of 11 other houses in the postcode and 16, Newlands, Tunbridge Wells sits on the 4th largest plot.
According to HM Land Registry, 16, Newlands, Tunbridge Wells was last sold on 26 May 2021 for £665,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Newlands, Tunbridge Wells within a radius of 224m over the last 2 years.
The most recent example is 16, Great Courtlands, Tunbridge Wells, TN3 0AH, a Freehold house which sold for £690,000 in Jul 2021.
Read more about house prices in TN3.
Newlands, Langton Green, Tunbridge Wells, TN3 has a total of 34 addresses. According to our analysis of all the public data, 16, Newlands, Tunbridge Wells is the 23rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in TN3.
16, Newlands, Tunbridge Wells has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Newlands, Tunbridge Wells is Tunbridge Wells station which is 3.1 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Newlands, Tunbridge Wells, 47.8% of property is privately owned outright and 47.8% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Newlands, Tunbridge Wells, 27.8% of residents are recorded as possessing school level qualifications and 57.3% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Newlands, Tunbridge Wells, the average age was 43.6 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Newlands, Tunbridge Wells, 1.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Newlands, Tunbridge Wells, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.