According to the public record, 3 The Old Mill, Guildford is a period leasehold apartment with 1,151 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Old Mill, The Street, Albury, Guildford, GU5.
The Street, Albury, Guildford, GU5 is located in the borough of Guildford within the GU5 postal district.
3 The Old Mill, Guildford has 2 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated July 2023.
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 The Old Mill Guildford as £404,346 and the rental value as £1,868 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 3 The Old Mill Guildford has increased by £6,788 (1.7%) and its rental value has increased by £119 per month (6.4%).
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 The Old Mill, Guildford is in very good condition we estimate a sale value of £424,564 and rental value of £1,961 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,042 and a rental value of £1,737 per month.
If you were able to purchase this property for the estimated value of £404,346, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,987 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 The Old Mill, Guildford was last sold on 04 Feb 2014 for £335,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 The Old Mill, Guildford within a radius of 3.3 kilometres over the last 2 years.
The most recent example is 4 The Old Mill, The Street, Guildford, GU5 9BF, a Leasehold flat which sold for £460,000 in Jun 2023.
Read more about house prices in GU5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Street, Albury, Guildford, GU5 has a total of 81 addresses. According to our analysis of all the public data, 3 The Old Mill, Guildford is the 28th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £497k less expensive than the average property in GU5.
3 The Old Mill, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jul 2023.
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 The Old Mill, Guildford is Chilworth station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3 The Old Mill, Guildford, 42.9% of property is privately rented and 33.3% is privately owned outright.
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 The Old Mill, Guildford, 19.3% of residents are recorded as possessing school level qualifications and 52.6% 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 The Old Mill, Guildford, the average age was 46 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 The Old Mill, Guildford, 3.5% 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 The Old Mill, Guildford, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.