Times of Tonbridge 9th September 2020

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Wednesday September 9 | 2020

Times

All the news that matters

Jack Charles

OF TONBRIDGE

Estate Agents

Sales & Lettings 01732 75 75 80 jackcharles.co.uk

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Local, National and International

01/09/2020 12:41

INDIAN TAKEAWAY 666300 | 666417 www.dalchinitonbridge.uk

PLACE TO BE: Tonbridge is among the most popular locations to move to in the UK

Rocketing house sales have created boom in Tonbridge housing market By Richard Williams ACTIVITY in the housing market in Tonbridge has doubled since last year, with some estate agents seeing a 150 per cent rise in house sales. According to property website Rightmove, the town saw the seventh largest annual jump in the number of house sales in the UK during the summer. But demand is outstripping supply, as there has been more than a 100 per cent increase in house buyers

wanting to move to Tonbridge. Nationally, house sales have risen by 61 per cent compared to the same period last year,

‘In times of uncertainty, areas of real quality such as Tonbridge really stand out’ spurred on by Chancellor of the Exchequer Rishi Sunak’s decision to temporarily scrap stamp duty in July to kickstart the housing market following the Covid lockdown.

The South East in particular has seen the largest growth in the housing market as tens of thousands of sellers have come to the market, and the top ten most active areas are all commuter towns. Tonbridge has seen new listings increase by 95 per cent compared to last year, while five other commuter towns are in Rightmove’s top ten of most active areas. Nearby Tunbridge Wells did not make the list, despite being a similar distance from London as Tonbridge is.

Areas that were in the top ten include Harlow in Essex, which has seen new listings surge 121 per cent compared to the same six-week period in 2019, Hertford in Hertfordshire (up 113 per cent), Wickford in Essex (up 105 per cent), St. Albans (up 100 per cent) and East Grinstead (up 98 per cent), all of which are a 70 minute train commute from Central London. Demand has increased by at least 50 per cent year-on-year

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