TN8 (Edenbridge) area guide
The TN8 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bough Beech, Brasted, Chevening and Sundridge, Chiddingstone, Chiddingstone Hoath, Cowden, Cowden and Hever, Crockham Hill, Den Cross, Dormansland and Felcourt, East Sussex, Edenbridge, Edenbridge North and East, Edenbridge South and West, Forest Row, Four Elms, Hever, Kent, Leigh and Chiddingstone Causeway, Limpsfield, Lingfield and Crowhurst, Mark Beech, Marsh Green, Penshurst, Fordcombe and Chiddingstone, Surrey, Toys Hill, Westerham and Crockham Hill.
A Mouseprice property guide for TN8 Edenbridge is coming soon. In the meantime, please have a look at the raw data and statistics about TN8 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
The size of the property market in TN8 is 4852 homes.
When growth averages 15% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
The average property in this postcode district was valued at £322468 over the last 3 months.
When examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 12.9. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 10.2%.
Detached Houses make up the most significant portion of the housing stock, representing 34.5% of the total.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 10.1% are this type.
This is an area with a high proportion of property suitable for families with children. alt="Edenbridge property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 16.5%.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £220204.
Who lives here:
The average age in this area is 41.
This area has a high percentage of married people at 24%.
Average working hours in this area for men are 43 and for women are 31.
This area has 1.4 people per square kilometre.
Job prospects in this area are good with low unemployment (2%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.