50 Oakwood Rise, Tunbridge Wells, TN2 3HF is a leasehold flat built between 1983-1990. The property offers approximately 291 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £112,672 , which equates to approximately £388 per square foot. It was last sold on 28 Jul 1998 for £28,000. Since then, the value has increased by £84,672, representing a 302.4% increase, or approximately 11.0% per year.

The current estimated value of £112,672 is:

  • 64.1% lower than the average property price on Oakwood Rise
  • 47.1% lower than the average in the TN2 3HF postcode area
  • and 80.8% lower than the average price for Tunbridge Wells as a whole

View sold house prices in TN2 3HF

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
291 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£112,672
Price Per sq ft (estimate)
£388
Bedroom Count (estimate)
1 bedroom

EPC Summary

50 Oakwood Rise, Tunbridge Wells, Kent, TN2 3HF has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 29 Oct 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 28 Jul 2009. The rating of C remains the same, but the energy efficiency score improved by 7%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 270 mm loft insulation, improving energy efficiency from average to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 40% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 270 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 40% of fixed outlets
Average

Compared to TN2 3HF

24 th / 26
Price Rank
47% lower than average
13 th / 19
Size Rank
38% smaller than average
17 th / 19
Price Per Sq FT Rank
15% lower than average

Compared to other properties in TN2 3HF , this flat's estimated value ranks 24th out of 26. Based on price per square foot, it ranks 17th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 13th out of 19 properties in its postcode area.

Sale History

Today
£112,672
streetscan.co.uk estimate
+302 %
28 Jul 1998
£28,000
Leasehold

Area Insights

Similar Properties Sold Nearby

44 Oakwood Rise, Tunbridge Wells, TN2 3HF
rooms: 1
size: 248 sq ft
sale price: £152,500
sale date: 12 May 2022
48 Oakwood Rise, Tunbridge Wells, TN2 3HF
rooms: 1
size: 276 sq ft
sale price: £116,000
sale date: 30 Apr 2018
46 Oakwood Rise, Tunbridge Wells, TN2 3HF
rooms: 2
size: 280 sq ft
sale price: £66,000
sale date: 29 May 2012
38 Oakwood Rise, Tunbridge Wells, TN2 3HF
rooms: 1
size: 269 sq ft
sale price: £65,000
sale date: 21 Jun 2002
36 Oakwood Rise, Tunbridge Wells, TN2 3HF
rooms: 2
size: 291 sq ft
sale price: £32,000
sale date: 24 Nov 1999

Data Sources

The property at 50 Oakwood Rise, Tunbridge Wells, Kent, TN2 3HF appears once in the Land Registry records, with the transaction recorded on 28 Jul 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Oct 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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