According to the public record, 31, Elgin Gardens, Guildford is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Elgin Gardens, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
31, Elgin Gardens, Guildford has a single entry in the Land Registry database from March 2012 and a single entry in the EPC database dated February 2021.
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 31 Elgin Gardens Guildford as £249,403 and the rental value as £1,372 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 31 Elgin Gardens Guildford has increased by £3,327 (1.3%) and its rental value has increased by £78 per month (5.6%).
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 31, Elgin Gardens, Guildford is in very good condition we estimate a sale value of £261,873 and rental value of £1,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,945 and a rental value of £1,276 per month.
If you were able to purchase this property for the estimated value of £249,403, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,226 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, 31, Elgin Gardens, Guildford was last sold on 23 Mar 2012 for £167,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2012, the market for similar properties has risen 33.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Elgin Gardens, Guildford within a radius of 790 metres over the last 2 years.
The most recent example is 50, Elgin Gardens, Guildford, GU1 1UB, a Leasehold flat which sold for £265,000 in Nov 2023.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elgin Gardens, Guildford, GU1 has a total of 72 addresses. According to our analysis of all the public data, 31, Elgin Gardens, Guildford is the 49th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £343k less expensive than the average property in GU1.
31, Elgin Gardens, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 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 31, Elgin Gardens, Guildford is London Road (Guildford) station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Elgin Gardens, Guildford, 34.5% of property is socially rented and 26.4% 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 31, Elgin Gardens, Guildford, 11.6% of residents are recorded as possessing school level qualifications and 42.6% 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 31, Elgin Gardens, Guildford, the average age was 37 and the most common age was 22.
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 31, Elgin Gardens, Guildford, 0.7% 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 31, Elgin Gardens, Guildford, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.