According to the public record, 3, Baxter Lane, Cranleigh is a mid-century freehold house with 1,248 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Baxter Lane, Cranleigh, GU6 is located in the borough of Waverley within the GU6 postal district.
3, Baxter Lane, Cranleigh has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated December 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 3 Baxter Lane Cranleigh as £595,877 and the rental value as £2,264 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Baxter Lane Cranleigh has decreased by £3,644 (0.6%) and its rental value has increased by £75 per month (3.3%).
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, Baxter Lane, Cranleigh is in very good condition we estimate a sale value of £625,671 and rental value of £2,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £554,165 and a rental value of £2,105 per month.
If you were able to purchase this property for the estimated value of £595,877, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,929 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, 3, Baxter Lane, Cranleigh was last sold on 23 Mar 2023 for £640,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Baxter Lane, Cranleigh within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 13, Harper Drive, Cranleigh, GU6 8ZD, a Freehold house which sold for £635,000 in Jul 2023.
Read more about house prices in GU6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Baxter Lane, Cranleigh, GU6 has a total of 21 addresses. According to our analysis of all the public data, 3, Baxter Lane, Cranleigh is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in GU6.
3, Baxter Lane, Cranleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Dec 2022.
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 3, Baxter Lane, Cranleigh is Chilworth station which is 8.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Baxter Lane, Cranleigh, 60.8% of property is privately owned outright and 19.6% 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 3, Baxter Lane, Cranleigh, 16.0% of residents are recorded as possessing school level qualifications and 48.5% 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, Baxter Lane, Cranleigh, the average age was 44.3 and the most common age was 17.
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, Baxter Lane, Cranleigh, 4.5% 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, Baxter Lane, Cranleigh, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.