Redgate Mill Redgate Mill Lane

    REDGATE MILL, REDGATE MILL LANE, ERIDGE GREEN, TUNBRIDGE WELLS, TN3 9LT

    This detached freehold property on Redgate Mill Lane last sold in December 2020 for £950,000. Based on price growth in the TN3 district since then, its estimated current value is £981,263 — placing it in the 96th percentile nationally and the 72nd percentile within TN3. The property covers 174 m² (1,873 sq ft), giving an estimated value of £5,639 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,873 sq ft

    174 m²

    Last Sale Price

    £950,000

    Dec 2020

    Estimated Valuation

    £981,263

    Est. £/sq ft

    £524/sq ft

    £5,639/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area1,873 sq ft (174 m²)
    EPC dateSept 2018
    WallsSolid brick, as built, insulated (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    10 Dec 2020

    £950,000

    Key Metrics

    Estimated valuation£981,263
    Value per sq ft / m²£524/sq ft (£5,639/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TN3 district percentile72nd percentile
    National percentile96th percentile

    District Context — TN3

    TN3 covers Tunbridge Wells and surrounding villages in the High Weald area of Kent, positioned between the Medway Valley and the Sussex border. It is a prosperous, well-established residential district with strong period properties and established community infrastructure.

    Average Property Price - TN3

    £770,573

    95

    National percentile

    Average Net Household Income - TN3

    £52,036

    92

    National percentile

    10-Year Annualised Price Growth - TN3

    2.8%

    22

    National percentile

    10-Year Annualised Rent Growth - TN

    4.2%

    69

    National percentile

    View full analysis for TN3

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