According to the public record, 2 Burnham Gate, Guildford is a modern leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Burnham Gate, Stoke Road, Guildford, GU1.
Stoke Road, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
2 Burnham Gate, Guildford has 51 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated March 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 2 Burnham Gate Guildford as £430,141 and the rental value as £2,030 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 Burnham Gate Guildford has increased by £5,988 (1.4%) and its rental value has increased by £115 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 2 Burnham Gate, Guildford is in very good condition we estimate a sale value of £451,648 and rental value of £2,132 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,031 and a rental value of £1,888 per month.
If you were able to purchase this property for the estimated value of £430,141, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,114 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, 2 Burnham Gate, Guildford was last sold on 17 Jun 2014 for £320,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2014, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Burnham Gate, Guildford within a radius of 430 metres over the last 2 years.
The most recent example is 36A, Recreation Road, Guildford, GU1 1HP, a Leasehold flat which sold for £375,000 in Nov 2021.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stoke Road, Guildford, GU1 has a total of 187 addresses. According to our analysis of all the public data, 2 Burnham Gate, Guildford is the 40th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in GU1.
2 Burnham Gate, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Burnham Gate, Guildford is London Road (Guildford) station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Burnham Gate, Guildford, 39.8% of property is privately owned with a mortgage and 31.3% 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 2 Burnham Gate, Guildford, 25.4% of residents are recorded as possessing school level qualifications and 64.6% 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 2 Burnham Gate, Guildford, the average age was 37 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 2 Burnham Gate, 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 2 Burnham Gate, Guildford, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.