According to the public record, 16, Mill Lane, Godalming is a period freehold house with 742 ft2 of internal area and sits on a 58.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mill Lane, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
16, Mill Lane, Godalming has 21 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated August 2020.
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 16 Mill Lane Godalming as £604,489 and the rental value as £1,871 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 16 Mill Lane Godalming has increased by £15,336 (2.5%) and its rental value has increased by £117 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 16, Mill Lane, Godalming is in very good condition we estimate a sale value of £634,713 and rental value of £1,965 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,174 and a rental value of £1,740 per month.
If you were able to purchase this property for the estimated value of £604,489, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,971 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, 16, Mill Lane, Godalming sits on a plot of 58m2.
We have plot size data on 6 out of 7 other houses in the postcode and 16, Mill Lane, Godalming sits on the 6th largest plot.
According to HM Land Registry, 16, Mill Lane, Godalming was last sold on 10 Feb 2017 for £330,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2017, the market for similar properties has risen 20.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Mill Lane, Godalming within a radius of 750 metres over the last 2 years.
The most recent example is 13, Grove Road, Godalming, GU7 1RE, a Freehold house which sold for £665,000 in Nov 2022.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Godalming, GU7 has a total of 16 addresses. According to our analysis of all the public data, 16, Mill Lane, Godalming is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in GU7.
16, Mill Lane, Godalming has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Aug 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Mill Lane, Godalming is Godalming station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Mill Lane, Godalming, 40.3% of property is privately owned outright and 33.7% is privately 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 16, Mill Lane, Godalming, 8.3% of residents are recorded as possessing school level qualifications and 44.6% 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 16, Mill Lane, Godalming, the average age was 41.2 and the most common age was 47.
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 16, Mill Lane, Godalming, 1.4% 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 16, Mill Lane, Godalming, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.