According to the public record, 3 Cedar Court 36, Millmead Terrace, Guildford is a mid-century apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 36, Millmead Terrace, Guildford, GU2.
Millmead Terrace, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
3 Cedar Court 36, Millmead Terrace, Guildford has no records in the Land Registry database and a single entry in the EPC database dated February 2021.
We combine this information with public data 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 3 Cedar Court 36 Millmead Terrace Guildford as £217,883 and the rental value as £1,211 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 3 Cedar Court 36 Millmead Terrace Guildford has increased by £719 (0.3%) and its rental value has increased by £56 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 3 Cedar Court 36, Millmead Terrace, Guildford is in very good condition we estimate a sale value of £228,777 and rental value of £1,271 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,631 and a rental value of £1,126 per month.
If you were able to purchase this property for the estimated value of £217,883, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,071 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3 Cedar Court 36, Millmead Terrace, Guildford within a radius of 580 metres over the last 2 years.
The most recent example is 4, Mill House Apartments 1, Mill Lane, Guildford, GU1 3XX, a Leasehold flat which sold for £192,000 in Nov 2020.
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, 3 Cedar Court 36, Millmead Terrace, Guildford is the 40th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £285k less expensive than the average property in GU2.
3 Cedar Court 36, Millmead Terrace, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2021.
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 3 Cedar Court 36, Millmead Terrace, Guildford is Guildford station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 Cedar Court 36, 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 3 Cedar Court 36, 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 3 Cedar Court 36, 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 3 Cedar Court 36, 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 3 Cedar Court 36, 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.