According to the public record, 14, Michael Lane, Guildford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,778 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Michael Lane, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
14, Michael Lane, Guildford has 21 entries in the Land Registry database, most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 14 Michael Lane Guildford as £797,442 and the rental value as £2,737 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 14 Michael Lane Guildford has decreased by £3,091 (0.4%) and its rental value has increased by £106 per month (3.9%).
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 14, Michael Lane, Guildford is in very good condition we estimate a sale value of £837,315 and rental value of £2,874 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £741,622 and a rental value of £2,546 per month.
If you were able to purchase this property for the estimated value of £797,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,919 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, 14, Michael Lane, Guildford was last sold on 07 Jun 2007 for £530,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2007, the market for similar properties has risen 64.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Michael Lane, Guildford within a radius of 520 metres over the last 2 years.
The most recent example is 20, Michael Lane, Guildford, GU2 9LB, a Freehold house which sold for £780,000 in Jan 2024.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Michael Lane, Guildford, GU2 has a total of 25 addresses. According to our analysis of all the public data, 14, Michael Lane, Guildford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in GU2.
The closest station to 14, Michael Lane, Guildford is Worplesdon station which is 2.8 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 14, Michael Lane, Guildford, 43.6% of property is privately owned with a mortgage and 22.8% is socially rented.
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 14, Michael Lane, Guildford, 25.6% of residents are recorded as possessing school level qualifications and 55.9% 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 14, Michael Lane, Guildford, the average age was 37.8 and the most common age was 22.
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 14, Michael Lane, Guildford, 0.9% 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 14, Michael Lane, Guildford, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.