According to the public record, 2 Higher Croft, Godalming is a modern leasehold apartment with 1,270 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Higher Croft, Croft Road, Godalming, GU7.
Croft Road, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
2 Higher Croft, Godalming has a single entry in the Land Registry database from April 2021 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 good condition, we estimate the current sale value for 2 Higher Croft Godalming as £538,429 and the rental value as £2,230 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2 Higher Croft Godalming has increased by £11,869 (2.2%) and its rental value has increased by £131 per month (5.9%).
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 2 Higher Croft, Godalming is in very good condition we estimate a sale value of £565,350 and rental value of £2,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £500,739 and a rental value of £2,074 per month.
If you were able to purchase this property for the estimated value of £538,429, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,646 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 Higher Croft, Godalming was last sold on 26 Apr 2021 for £495,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2021, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Higher Croft, Godalming within a radius of 700 metres over the last 2 years.
The most recent example is 4 Robuck House, Croft Road, Godalming, GU7 1GU, a Leasehold flat which sold for £495,000 in Jun 2023.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croft Road, Godalming, GU7 has a total of 135 addresses. According to our analysis of all the public data, 2 Higher Croft, Godalming is the 25th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £28k less expensive than the average property in GU7.
2 Higher Croft, Godalming has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 2 Higher Croft, Godalming is Godalming station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Higher Croft, Godalming, 50.3% of property is privately owned with a mortgage and 24.6% 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 2 Higher Croft, Godalming, 17.2% of residents are recorded as possessing school level qualifications and 67.6% 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 Higher Croft, 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 2 Higher Croft, Godalming, 0.7% 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 Higher Croft, Godalming, 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.