According to the public record, 16 Reeve Court, Guildford is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Reeve Court, Tarragon Drive, Guildford, GU2.
Tarragon Drive, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
16 Reeve Court, Guildford has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated June 2013.
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 Reeve Court Guildford as £103,431 and the rental value as £581 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 16 Reeve Court Guildford has increased by £1,438 (1.4%) and its rental value has increased by £33 per month (5.7%).
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 Reeve Court, Guildford is in very good condition we estimate a sale value of £108,602 and rental value of £610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £96,190 and a rental value of £541 per month.
If you were able to purchase this property for the estimated value of £103,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £508 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, 16 Reeve Court, Guildford was last sold on 23 Aug 2019 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16 Reeve Court, Guildford within a radius of 550 metres over the last 2 years.
The most recent example is 46 Reeve Court, Tarragon Drive, Guildford, GU2 9YS, a Leasehold flat which sold for £81,000 in Feb 2024.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tarragon Drive, Guildford, GU2 has a total of 108 addresses. According to our analysis of all the public data, 16 Reeve Court, Guildford is the 45th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £400k less expensive than the average property in GU2.
16 Reeve Court, Guildford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jun 2013.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 16 Reeve Court, Guildford is Worplesdon station which is 3.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 16 Reeve Court, Guildford, 44.9% of property is socially rented and 37.8% 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 16 Reeve Court, Guildford, 13.1% of residents are recorded as possessing school level qualifications and 18.2% 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 Reeve Court, 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 16 Reeve Court, Guildford, 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 16 Reeve Court, Guildford, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.