According to the public record, 3, Old School Court 85, Dorking is a modern leasehold apartment with 950 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Old School Court, Falkland Road, Dorking, RH4.
Falkland Road, Dorking, RH4 is located in the borough of Mole Valley within the RH4 postal district.
3, Old School Court 85, Dorking has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 3 Old School Court 85 Dorking as £351,578 and the rental value as £1,559 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 3 Old School Court 85 Dorking has increased by £13,631 (3.9%) and its rental value has increased by £84 per month (5.4%).
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, Old School Court 85, Dorking is in very good condition we estimate a sale value of £369,157 and rental value of £1,637 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,967 and a rental value of £1,450 per month.
If you were able to purchase this property for the estimated value of £351,578, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,728 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, Old School Court 85, Dorking was last sold on 01 Aug 2023 for £392,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Old School Court 85, Dorking within a radius of 620 metres over the last 2 years.
The most recent example is 4 Grove Court, Falkland Grove, Dorking, RH4 3DL, a Leasehold flat which sold for £345,000 in Oct 2023.
Read more about house prices in RH4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falkland Road, Dorking, RH4 has a total of 86 addresses. According to our analysis of all the public data, 3, Old School Court 85, Dorking is the 18th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £231k less expensive than the average property in RH4.
3, Old School Court 85, Dorking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2023.
The property is not connected to mains gas and has multiple glazing throughout. It is heated using a boiler and radiators.
The closest station to 3, Old School Court 85, Dorking is Dorking West station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Old School Court 85, Dorking, 34.7% of property is privately owned outright and 32.6% 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, Old School Court 85, Dorking, 14.6% of residents are recorded as possessing school level qualifications and 47.7% 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, Old School Court 85, Dorking, the average age was 44.4 and the most common age was 57.
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, Old School Court 85, Dorking, 0.0% 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, Old School Court 85, Dorking, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.