Town’s house prices continue to rise past half million mark

Town's house prices continue to rise past half million mark

As reported in the Times during the stamp duty holiday, the average house price in Tunbridge Wells had exceeded the half million mark on both Zoopla and Rightmove, earlier this year.

Now figures from the two online estate agents for December show that the cost of moving to Tunbridge Wells is continuing to grow.

According to Zoopla, the average price for property in Tunbridge Wells stood at £522,002 in December 2021.

While Rightmove say the average property price for their sales in the town have now hit £536,322 over the last year.

The majority of sales in Tunbridge Wells were semi-detached properties, according to Rightmove, selling for an average price of £486,442.

Detached properties sold for an average of £839,395, with terraced properties fetching £422,746.

Overall, sold prices in Tunbridge Wells over the last year were six per cent up on the previous year and 13 per cent up on the 2018 peak of £474,738.

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