According to the public record, 8, Gravetts Lane, Guildford is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,264 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gravetts Lane, Guildford, GU3 is located in the borough of Guildford within the GU3 postal district.
8, Gravetts Lane, Guildford has a single entry in the Land Registry database from December 2007 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 8 Gravetts Lane Guildford as £738,959 and the rental value as £2,605 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 8 Gravetts Lane Guildford has increased by £3,414 (0.5%) and its rental value has increased by £144 per month (5.5%).
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 8, Gravetts Lane, Guildford is in very good condition we estimate a sale value of £775,907 and rental value of £2,736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £687,232 and a rental value of £2,423 per month.
If you were able to purchase this property for the estimated value of £738,959, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,632 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, 8, Gravetts Lane, Guildford was last sold on 06 Dec 2007 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 64.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Gravetts Lane, Guildford within a radius of 970 metres over the last 2 years.
The most recent example is 60, Belmont Avenue, Guildford, GU2 9UF, a Freehold house which sold for £662,000 in Aug 2023.
Read more about house prices in GU3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gravetts Lane, Guildford, GU3 has a total of 36 addresses. According to our analysis of all the public data, 8, Gravetts Lane, Guildford is the 13th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £85k more expensive than the average property in GU3.
The closest station to 8, Gravetts Lane, Guildford is Guildford station which is 3.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Gravetts Lane, Guildford, 43.8% of property is privately owned with a mortgage and 33.5% 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 8, Gravetts Lane, Guildford, 17.1% of residents are recorded as possessing school level qualifications and 42.0% 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 8, Gravetts Lane, Guildford, the average age was 43.2 and the most common age was 57.
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 8, Gravetts Lane, Guildford, 0.8% 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 8, Gravetts Lane, Guildford, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.