According to the public record, 5, Newlands, Tunbridge Wells is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,535 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Newlands, Langton Green, Tunbridge Wells, TN3 is located in the borough of Tunbridge Wells within the TN3 postal district.
5, Newlands, Tunbridge Wells has 21 entries in the Land Registry database, most recently in January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 5 Newlands Tunbridge Wells as £759,474 and the rental value as £2,956 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 5 Newlands Tunbridge Wells has decreased by £2,330 (0.3%) and its rental value has increased by £121 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 5, Newlands, Tunbridge Wells is in very good condition we estimate a sale value of £797,448 and rental value of £3,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £706,311 and a rental value of £2,749 per month.
If you were able to purchase this property for the estimated value of £759,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,733 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 HM Land Registry, 5, Newlands, Tunbridge Wells was last sold on 18 Jan 2008 for £415,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2008, the market for similar properties has risen 75.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Newlands, Tunbridge Wells within a radius of 412m over the last 2 years.
The most recent example is 2, Ironstones, Tunbridge Wells, TN3 0YD, a Freehold house which sold for £765,000 in Oct 2023.
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, 5, Newlands, Tunbridge Wells is the 19th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £61k less expensive than the average property in TN3.
The closest station to 5, 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 5, 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 5, 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 5, 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 5, 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 5, 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.