According to the public record, 5, Heather Close, Guildford is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Heather Close, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
5, Heather Close, Guildford has 3 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated August 2022.
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 5 Heather Close Guildford as £291,411 and the rental value as £1,401 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 5 Heather Close Guildford has increased by £1,860 (0.6%) and its rental value has increased by £65 per month (4.7%).
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 5, Heather Close, Guildford is in very good condition we estimate a sale value of £305,982 and rental value of £1,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,012 and a rental value of £1,303 per month.
If you were able to purchase this property for the estimated value of £291,411, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,432 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, 5, Heather Close, Guildford was last sold on 14 Oct 2022 for £254,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, 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 5, Heather Close, Guildford within a radius of 670 metres over the last 2 years.
The most recent example is 36, Woodbridge Hill, Guildford, GU2 9AB, a Leasehold flat which sold for £257,950 in Aug 2022.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heather Close, Guildford, GU2 has a total of 10 addresses. According to our analysis of all the public data, 5, Heather Close, Guildford is the largest and the most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in GU2.
5, Heather Close, Guildford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Aug 2022.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 5, Heather Close, Guildford is Guildford station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Heather Close, Guildford, 37.8% of property is privately owned outright and 37.0% 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 5, Heather Close, Guildford, 22.5% of residents are recorded as possessing school level qualifications and 43.2% 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 5, Heather Close, Guildford, the average age was 37.8 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 5, Heather Close, 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 5, Heather Close, Guildford, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.