According to the public record, 36, The Shimmings, Guildford is a mid-century leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The Shimmings, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
36, The Shimmings, Guildford has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated December 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 36 The Shimmings Guildford as £340,718 and the rental value as £1,719 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 36 The Shimmings Guildford has increased by £4,432 (1.3%) and its rental value has increased by £106 per month (6.1%).
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 36, The Shimmings, Guildford is in very good condition we estimate a sale value of £357,754 and rental value of £1,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,868 and a rental value of £1,599 per month.
If you were able to purchase this property for the estimated value of £340,718, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,675 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, 36, The Shimmings, Guildford was last sold on 15 Sep 2020 for £335,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 36, The Shimmings, Guildford within a radius of 710 metres over the last 2 years.
The most recent example is 28, Lindfield Gardens, Guildford, GU1 1TS, a Leasehold flat which sold for £360,000 in Aug 2022.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Shimmings, Guildford, GU1 has a total of 60 addresses. According to our analysis of all the public data, 36, The Shimmings, Guildford is the 38th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £252k less expensive than the average property in GU1.
36, The Shimmings, Guildford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 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 36, The Shimmings, Guildford is London Road (Guildford) station which is 1.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 36, The Shimmings, Guildford, 41.4% of property is privately owned outright and 33.6% 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 36, The Shimmings, Guildford, 25.2% of residents are recorded as possessing school level qualifications and 60.2% 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 36, The Shimmings, Guildford, the average age was 42.1 and the most common age was 47.
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 36, The Shimmings, Guildford, 1.3% 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 36, The Shimmings, Guildford, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.