Times
All the news that matters
UR E ER YO E AP FR L P CA LO
Wednesday April 13 | 2022
Local, National and International
OF TUNBRIDGE WELLS
BBC REPORTER school status
Nursery & Prep School
Green Flag status! TOTW 35x264 PS 0322.indd 1
St Leonards, East Sussex TN37 7PW . 01424 751555 admissions@claremontschool.co.uk . claremontschool.co.uk
Tunbridge Wells now more desirable than Sevenoaks – and that’s official!
25/03/2022 09:56
PRESENTS THE
Worried ABOUT
SATURDAY 14TH MAY 10am - 5pm SUNDAY 15TH MAY 10am - 4pm BACK FOR ANOTHER ! DELICIOUS SERVING
A W HO LE W EE KE ND OF US IC AM AZ IN G FO OD , LI VE M S TI ON & CO OK IN G DE M ON ST RA IN ASSOCIATION WITH
The Tunbridge Wells Hotel
Exclusive – By Richard Williams ROCKETING house prices in Tunbridge Wells have seen the borough overtake its nearest Kent rival as the most expensive place to live in the county, according to government data. For decades, Sevenoaks has been Kent’s most desirable place to live due to its closeness to London with house prices outstripping all those of its neighbours. But following the pandemic, with fewer workers commuting into the capital, house buyers are now looking to Tunbridge Wells as a better alternative than the neighbouring commuter town. The news follows analysis by the Times, reported last month, that found house prices in Tunbridge Wells have risen to around 16 times the median UK salary, which is currently at £31,285 a
year, due to rising demand for properties in the area. The average home in Tunbridge Wells now costs more than £520,000, according to vendors such as Rightmove and Zoopla.
Affordability Now figures that have just been released by the Office for National Statistics (ONS) – the Government’s statistical and number crunching body – have agreed with this analysis and show that officially, Tunbridge Wells has overtaken Sevenoaks to become the most expensive place to buy a home in Kent. Using affordability ratios calculated by dividing house prices by gross annual workplace-based earnings, and then using both the median (average) and lower quartiles (lowest 25 per cent) of
both house prices and earnings in England and Wales, the ONS say the Covid crisis has shaken up the housing market in Kent. Before the pandemic struck, the average home in Sevenoaks was worth 13.32 times the media gross annual workplace-based earnings according to the ONS. In contrast, houses in Tunbridge Wells were worth just 12.49 times average UK earnings. Based on figures for house sales that took place in 2021, the ONS now say the average home in Tunbridge Wells has risen to be worth 15.42 times the average UK annual salary, while in Sevenoaks it is 14.47. Tonbridge & Malling is the third most
has selected the commuter town as best town in the South East 2022. Sevenoaks is praised for its ‘ combination of convenient commutability, top-class schools and an abundance of greenery’. However, Helen Davies, The Times and Sunday Times property editor, said the list was ‘necessarily subjective’.
scan code to book your treatment
See more on page 2
…but the Sunday Times has snubbed the town THE SUNDAY Times newspaper has compiled its annual list of best places to live in the UK and has snubbed Tunbridge Wells in favour of Sevenoaks. In its annual list of the prime spots across the country it praises Sevenoaks in its annual Best Places To Live list of the prime spots across the country and
TEENAGE ACNE?
She added: “Leave it just to statistics and you will never capture the spirit of a place. “For that, you need to visit to take into account that ‘you have to be here’ feeling.” For the full Sunday Times Best Places To Live 2022 results see property page 35.
or vist
ellora
skincare
.com