FLAT 3, PARKVIEW, 2, TRINITY CLOSE, TUNBRIDGE WELLS, TN2 3PP - £730,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 3 PARKVIEW is a very large flat of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £713,719. It was last sold for £730,000 in September 2023, which was around 177% above the average September 2023 flat price in the Tunbridge Wells local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was C.

FLAT 3 PARKVIEW Sold Prices

Land registry data shows two sales for FLAT 3 PARKVIEW since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Tunbridge Wells local authority area for the corresponding sale date. Both of the two FLAT 3 PARKVIEW sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 19 SEP	£730,000	£263,238	177% above HPI
1998 13 JAN	£150,000	£62,807	139% above HPI

What might FLAT 3 PARKVIEW be worth now?

FLAT 3 PARKVIEW might now be worth an estimated £713,719.

This is based on house price deflation of 2.2%, between September 2023 and May 2026, for flats, in the Tunbridge Wells local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.2% deflationary decrease is applied to the most recent sale price for FLAT 3 PARKVIEW of £730,000 on 19th September 2023. For the value to have decreased from £730,000 to £713,719 over the three years and four months to May 2026, the following assumptions must hold true:

• The value of FLAT 3 PARKVIEW has moved in line with the HPI for flats in the Tunbridge Wells local authority area.
• The September 2023 sale price of £730,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 3 PARKVIEW has not materially changed since September 2023.

How Large is FLAT 3 PARKVIEW?

FLAT 3 PARKVIEW is 120m² according to the EPC inspection conducted in May 2023. This puts it in the largest 10% of flats in Royal Tunbridge Wells, based on EPC data. 93% of flats are smaller than FLAT 3 PARKVIEW, and 7% of flats are larger. Note that EPC data is not available for all properties in Royal Tunbridge Wells.

FLAT 3 PARKVIEW: Plot

FLAT 3 PARKVIEW sits on a plot of roughly 0.998 of an acre, or 4,038m².

Where is FLAT 3 PARKVIEW?

FLAT 3, PARKVIEW is located on TRINITY CLOSE in TUNBRIDGE WELLS, in the TN2 postcode district.