According to the public record, 1 The Bellairs Apartments, Millmead Terrace, Guildford is a modern leasehold apartment with 1,270 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 1, Millmead Terrace, Guildford, GU2.
Millmead Terrace, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
1 The Bellairs Apartments, Millmead Terrace, Guildford has a single entry in the Land Registry database from December 2013 and a single entry in the EPC database dated December 2023.
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 The Bellairs Apartments Millmead Terrace Guildford as £626,059 and the rental value as £2,401 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 1 The Bellairs Apartments Millmead Terrace Guildford has increased by £2,205 (0.4%) and its rental value has increased by £111 per month (4.6%).
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 The Bellairs Apartments, Millmead Terrace, Guildford is in very good condition we estimate a sale value of £657,362 and rental value of £2,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,235 and a rental value of £2,233 per month.
If you were able to purchase this property for the estimated value of £626,059, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,077 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 The Bellairs Apartments, Millmead Terrace, Guildford was last sold on 20 Dec 2013 for £605,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 19.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1 The Bellairs Apartments, Millmead Terrace, Guildford within a radius of 590 metres over the last 2 years.
The most recent example is Flat 3, Riverside, Millbrook, Guildford, GU1 3XD, a Leasehold flat which sold for £590,000 in May 2024.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millmead Terrace, Guildford, GU2 has a total of 51 addresses. According to our analysis of all the public data, 1 The Bellairs Apartments, Millmead Terrace, Guildford is the 7th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £123k more expensive than the average property in GU2.
1 The Bellairs Apartments, Millmead Terrace, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 1 The Bellairs Apartments, Millmead Terrace, Guildford is Guildford station which is 600 metres 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 The Bellairs Apartments, Millmead Terrace, Guildford, 51.2% of property is privately rented and 27.8% is privately owned with a mortgage.
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 The Bellairs Apartments, Millmead Terrace, Guildford, 30.4% of residents are recorded as possessing school level qualifications and 65.6% 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 The Bellairs Apartments, Millmead Terrace, Guildford, the average age was 42.3 and the most common age was 52.
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 The Bellairs Apartments, Millmead Terrace, Guildford, 1.5% 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 The Bellairs Apartments, Millmead Terrace, Guildford, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.