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Wednesday October July 12 | 52023 Wednesday | 2022
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OF TUNBRIDGE WELLS
TUNBRIDGE WELLS 01892 521700 (sales) 01892 521740 (lettings) tunwells@jackson-stops.co.uk jackson-stops.co.uk
Assembly Hall Theatre | Tunbridge Wells “Extremely efficient”
SAT 10 — SAT 31 DEC
“A wonderful experience”
House prices go through the roof with a £36k hike
surgeons at Purity Bridge
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Picture: Pub in the Park
Call us today to arrange your free sales or lettings market appraisal. Mini Mini assemblyhalltheatre.co.uk Consultation Consultation Evening's Evening's with some of Antique & Fine Art with some Auctioneers the UK's of the UK'sWE WHAT WILL leading Mini But Tunbridge Wells growth flatlines as uncertainty hits market FIND IN YOUR plastic Consultation leading HOME? By Richard Williams Evenings BOOK A FREE surgeons, at HOMEOWNERS in Tunbridge Wells made plastic an average of £36,000 on their properties VALUATION with Bridge some Purity last year, although increases in house have now stopped, industry surgeons, at prices of the UK's figures show. According to one of the country’s biggest leadingBridge plastic lenders, Purity prices across Tunbridge Wells shot up by 8.3 per cent in September compared to 12 months earlier. This means the average house in the town and wider borough is now fetching To SPICEmore OF LIFE: Chef Oliver £36,163 than it wasAndi this time lastsigns year. a copy of her latest book at Pub in the Park at Dunorlan Park last weekend By contrast, the average wage in Tunbridge Wells is just £35,500 per annum, meaning the average homeowner made more money from their house than market pauses while it sorts itself out.” Despite this massive year-on-year hike from their salary last year. Meanwhile, Tom Snowdon from Kings in average house prices, the property Estates said: “Over the last two years, market has now stopped growing. Snapshot we have seen unprecedented house Property values recorded 0.0 per cent price growth in the town.” growth month-on-month in September The most recent snapshot of the But he added: “Everyone knew the compared to August, following a 0.7 per housing market by the Nationwide flooded pavements in the normal tariffprice for outages, given theat rapid house growth had to stop cent increase last month, theFiveways mortgage building society thatRoberts across the EXCLUSIVE byshows Victoria area andhas saw the water supply persistent caused some point problems and the catalyst forto this was provider said. UK, house prices rose by 9.5 per cent in WHILE South East Water (SEW) was the energy price which was turned off in parts of Grosvenor customers and hike, the failure to provide September compared to the same time reported over the summer. last year. busy tending to water infrastructure Road. There were also reports of a reliable service. ‘The average homeowner “The government’s But the mortgage lender that issues around town lastsays week, leaks elsewhere at the time that “Make it clear thatmini-budget no bonusesa week ago and the subsequent interest rate house prices have now stopped growing made more money from Tunbridge Wells MP Greg Clark Mr Clark met Ofwat Chief Executive should be paid to those executives increases by lenders, has made it more month on month and a stronger their house than from their held an urgent meeting with David Black last Thursday (July 6). who are responsible the failure expensive for buyers tofor borrow money,of so slowdown is expected in the coming Ofwat.as surging inflation and mortgage In the letter, Mrlast Clarkyear’ asked adequate servicehad to my constituents salary this has certainly a dampening effect weeks In atake follow-up letter to the water Mr Black to use the watchdog’s over the last year. on buyers.” rates their toll. Deborah Richards from Maddisons Robert to Gardner, chief Accordingreleased to Nationwide. the average regulator exclusively to the powers speed Nationwide’s up investment in the “Ensure that no dividends are paid Residential on The Pantiles added: economist, said:that “Prices were unchanged home Tunbridge Wells now costs East Times,inMr Clark said that South water network supplies the area. out of the regulated business to the “Overall Icompany do feel price growth is slowing, over the month August, £435,709, whichreceive is up from £399,546 in Water should “significantly Ofwat is due from to meet SEWafter taking holding until the required due mainly to the rising mortgage account of seasonal effects. This is the September 2021. higher fines” as a result of the management before the end of July. investment has been made,” first month not to record a sequential rise interest rate environment which is But other vendors say average house continued waterwith disruptions Mr Clark also asked the regulator: he wrote.buyer’s affordability. However, affecting since July 2021.” prices are higher, Rightmove saying thataverage have blighted the Borough. “Use your powers to KMJ set [fines] it will be interesting to see whether this David Johnson, from Property the home in Tunbridge Wells now Continued on page 3 which due to its Onfor Tuesday Julywhile 4, two major leaks exceptionally, significantly above the affects Tunbridge Wells, confirmed that house prices haven’t sells £499,208, Zoopla says it is excellent transport links and schooling grown in Tunbridge Wells in September £518,385, which means the average house options, plus beautiful architecture and but added: “Whenever there is political in the area could have increased by as green spaces, can often sit in a bubble.” or financial uncertainty, the housing much as £40,000 over the last 12 months.
‘Hold South East Water to account,’ says local MP
INSIDE: Further strikes set to disrupt NHS – page 2
“Exemplary service”