Times of Tunbridge Wells September 1, 2021

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Wednesday September 1 | 2021

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Villages join the rich club with million pound homes By Richard Williams

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A NUMBER of villages around Tunbridge Wells have qualified as £1million property hotspots, according to new research. Estate agent Knight Frank’s latest data shows that 19 locations in England and Wales now have at least a fifth of their sales fetching more than seven figures, meaning they join some of the most expensive neighbourhoods in the UK for buying a home. Traditionally, town centre homes in Tunbridge Wells have attracted the largest values with the cost of an average three-bedroom home in the area having

19/07/2021 16:10

tipped over the £500,000 mark earlier this year. Detached four-bedroom homes often go for more than £1million.

‘A common thread in the list is the distance from London’ Now, in its analysis of property prices since March 2020, Knight Frank has found that more than 20 per cent of properties in the TN3 postcode area are going for more than £1million. The area includes the villages of Lamberhurst, Goudhurst, Speldhurst,

Bidborough, Rusthall, as well as Southborough and High Brooms, where the average property price is more than £822,000 but has more than a fifth of homes fetching a million or more. Earlier this year, recent house price figures suggested there are now 563,240 homes worth more than £1 million in Britain — the first time the number has grown since 2015. Also making Knight Frank’s list are postcodes in London boroughs Hackney (E8), Ealing (W5) and Vauxhall (SW8, as well as a number of locations outside the

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