According to the public record, 40 Springside Court, Guildford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 262 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Springside Court, Josephs Road, Guildford, GU1.
Josephs Road, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
40 Springside Court, Guildford has 31 entries in the Land Registry database, most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 40 Springside Court Guildford as £148,985 and the rental value as £844 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 40 Springside Court Guildford has increased by £2,292 (1.5%) and its rental value has increased by £49 per month (5.8%).
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 40 Springside Court, Guildford is in very good condition we estimate a sale value of £156,434 and rental value of £886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £138,556 and a rental value of £785 per month.
If you were able to purchase this property for the estimated value of £148,985, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £732 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, 40 Springside Court, Guildford was last sold on 30 Apr 2018 for £108,346 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2018, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40 Springside Court, Guildford within a radius of 640 metres over the last 2 years.
The most recent example is 21 Springside Court, Josephs Road, Guildford, GU1 1BT, a Leasehold flat which sold for £120,000 in Nov 2018.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Josephs Road, Guildford, GU1 has a total of 124 addresses. According to our analysis of all the public data, 40 Springside Court, Guildford is the 122nd largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £444k less expensive than the average property in GU1.
The closest station to 40 Springside Court, Guildford is London Road (Guildford) station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 40 Springside Court, Guildford, 32.0% of property is socially rented and 26.6% 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 40 Springside Court, Guildford, 18.3% of residents are recorded as possessing school level qualifications and 47.3% 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 40 Springside Court, 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 40 Springside Court, Guildford, 0.3% 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 40 Springside Court, Guildford, 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.