According to the public record, 15, Merebank, Dorking is a mid-century freehold house with 957 ft2 of internal area and sits on a 347 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Merebank, Beare Green, Dorking, RH5 is located in the borough of Mole Valley within the RH5 postal district.
15, Merebank, Dorking has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated July 2022.
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 15 Merebank Dorking as £455,345 and the rental value as £2,267 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 15 Merebank Dorking has increased by £11,210 (2.5%) and its rental value has increased by £143 per month (6.3%).
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 15, Merebank, Dorking is in very good condition we estimate a sale value of £478,112 and rental value of £2,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,471 and a rental value of £2,108 per month.
If you were able to purchase this property for the estimated value of £455,345, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,238 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 data from HM Land Registry, 15, Merebank, Dorking sits on a plot of 347m2.
We have plot size data on 5 out of 10 other houses in the postcode and 15, Merebank, Dorking sits on the 2nd largest plot.
According to HM Land Registry, 15, Merebank, Dorking was last sold on 31 Jul 2023 for £450,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Merebank, Dorking within a radius of 2.8 kilometres over the last 2 years.
The most recent example is 14, Leith Road, Dorking, RH5 4RQ, a Freehold house which sold for £550,000 in Feb 2023.
Read more about house prices in RH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merebank, Beare Green, Dorking, RH5 has a total of 10 addresses. According to our analysis of all the public data, 15, Merebank, Dorking is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £263k less expensive than the average property in RH5.
15, Merebank, Dorking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Jul 2022.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 15, Merebank, Dorking is Holmwood station which is 200 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 15, Merebank, Dorking, 43.0% of property is privately owned with a mortgage and 31.4% 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 15, Merebank, Dorking, 16.3% of residents are recorded as possessing school level qualifications and 33.8% 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 15, Merebank, Dorking, the average age was 45.8 and the most common age was 57.
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 15, Merebank, Dorking, 0.0% 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 15, Merebank, Dorking, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.