According to the public record, 2 The Bellairs Apartments, Millmead Terrace, Guildford is a modern leasehold apartment with 1,625 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 2, Millmead Terrace, Guildford, GU2.
Millmead Terrace, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
2 The Bellairs Apartments, Millmead Terrace, Guildford has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated May 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 2 The Bellairs Apartments Millmead Terrace Guildford as £743,943 and the rental value as £2,853 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 2 The Bellairs Apartments Millmead Terrace Guildford has increased by £2,621 (0.4%) and its rental value has increased by £131 per month (4.6%).
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 The Bellairs Apartments, Millmead Terrace, Guildford is in very good condition we estimate a sale value of £781,141 and rental value of £2,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £691,867 and a rental value of £2,653 per month.
If you were able to purchase this property for the estimated value of £743,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,656 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 The Bellairs Apartments, Millmead Terrace, Guildford was last sold on 20 Jul 2018 for £735,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Bellairs Apartments, Millmead Terrace, Guildford within a radius of 590 metres over the last 2 years.
The most recent example is Flat 2, The Beeches 10, Guildown Road, Guildford, GU2 4EN, a Leasehold flat which sold for £625,000 in Dec 2014.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millmead Terrace, Guildford, GU2 has a total of 51 addresses. According to our analysis of all the public data, 2 The Bellairs Apartments, Millmead Terrace, Guildford is the largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £241k more expensive than the average property in GU2.
2 The Bellairs Apartments, Millmead Terrace, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 2 The Bellairs Apartments, Millmead Terrace, Guildford is Guildford station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 The Bellairs Apartments, Millmead Terrace, Guildford, 51.2% of property is privately rented and 27.8% is privately owned with a mortgage.
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 The Bellairs Apartments, Millmead Terrace, Guildford, 30.4% of residents are recorded as possessing school level qualifications and 65.6% 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 The Bellairs Apartments, Millmead Terrace, Guildford, the average age was 42.3 and the most common age was 52.
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 The Bellairs Apartments, Millmead Terrace, Guildford, 1.5% 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 The Bellairs Apartments, Millmead Terrace, Guildford, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.