According to the public record, 7, Elgin Gardens, Guildford is a mid-century leasehold apartment with 764 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.
7, Elgin Gardens, Guildford has 21 entries in the Land Registry database, most recently in June 2014 and a single entry in the EPC database dated April 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 7 Elgin Gardens Guildford as £299,010 and the rental value as £1,594 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Elgin Gardens Guildford has increased by £3,989 (1.3%) and its rental value has increased by £90 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 7, Elgin Gardens, Guildford is in very good condition we estimate a sale value of £313,960 and rental value of £1,674 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,079 and a rental value of £1,483 per month.
If you were able to purchase this property for the estimated value of £299,010, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,470 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, 7, Elgin Gardens, Guildford was last sold on 03 Jun 2014 for £249,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2014, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Elgin Gardens, Guildford within a radius of 820 metres over the last 2 years.
The most recent example is 12 Braganza Court, London Road, Guildford, GU1 1TZ, a Leasehold flat which sold for £290,000 in Jan 2024.
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, 7, Elgin Gardens, Guildford is the 26th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £294k less expensive than the average property in GU1.
7, Elgin Gardens, Guildford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 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 7, 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 7, 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 7, 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 7, 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 7, 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 7, 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.