According to the public record, 2 Quarry Gate, Guildford is a period leasehold apartment with 569 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Quarry Gate, Shalford Road, Guildford, GU1.
Shalford Road, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
2 Quarry Gate, Guildford has 41 entries in the Land Registry database, most recently in April 2012 and a single entry in the EPC database dated January 2012.
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 Quarry Gate Guildford as £362,468 and the rental value as £1,503 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 2 Quarry Gate Guildford has increased by £6,012 (1.7%) and its rental value has increased by £90 per month (6.0%).
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 Quarry Gate, Guildford is in very good condition we estimate a sale value of £380,591 and rental value of £1,578 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £337,095 and a rental value of £1,397 per month.
If you were able to purchase this property for the estimated value of £362,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,781 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 Quarry Gate, Guildford was last sold on 20 Apr 2012 for £325,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Apr 2012, the market for similar properties has risen 36.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Quarry Gate, Guildford within a radius of 720 metres over the last 2 years.
The most recent example is Flat 6, 14, Quarry Street, Guildford, GU1 3UY, a Leasehold flat which sold for £368,000 in May 2023.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shalford Road, Guildford, GU1 has a total of 7 addresses. According to our analysis of all the public data, 2 Quarry Gate, Guildford is the 7th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in GU1.
2 Quarry Gate, Guildford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 Jan 2012.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 2 Quarry Gate, Guildford is Guildford station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Quarry Gate, Guildford, 50.0% of property is privately owned outright and 41.5% 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 Quarry Gate, Guildford, 15.2% of residents are recorded as possessing school level qualifications and 70.6% 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 Quarry Gate, 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 Quarry Gate, Guildford, 7.5% 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 Quarry Gate, Guildford, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.