According to the public record, 1 Elm Court, West Molesey is a modern leasehold apartment with 321 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Elm Court, Grange Close, West Molesey, KT8.
Grange Close, West Molesey, KT8 is located in the borough of Elmbridge within the KT8 postal district.
1 Elm Court, West Molesey has 3 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Elm Court West Molesey as £169,087 and the rental value as £780 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 1 Elm Court West Molesey has increased by £3,339 (2.0%) and its rental value has increased by £27 per month (3.5%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1 Elm Court, West Molesey is in very good condition we estimate a sale value of £177,541 and rental value of £819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,251 and a rental value of £725 per month.
If you were able to purchase this property for the estimated value of £169,087, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £831 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1 Elm Court, West Molesey was last sold on 01 Apr 2020 for £137,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2020, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 1 Elm Court, West Molesey within a radius of 500 metres over the last 2 years.
The most recent example is 3A, Langton Road, West Molesey, KT8 2HX, a Leasehold flat which sold for £186,400 in Mar 2017.
Read more about house prices in KT8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Close, West Molesey, KT8 has a total of 32 addresses. According to our analysis of all the public data, 1 Elm Court, West Molesey is the 31st largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £506k less expensive than the average property in KT8.
1 Elm Court, West Molesey has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1 Elm Court, West Molesey is Hampton (London) station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 Elm Court, West Molesey, 40.8% of property is privately owned with a mortgage and 22.3% is privately owned outright.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 Elm Court, West Molesey, 21.5% of residents are recorded as possessing school level qualifications and 41.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 Elm Court, West Molesey, the average age was 39.3 and the most common age was 42.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 Elm Court, West Molesey, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 Elm Court, West Molesey, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.