According to the public record, 8 Priory Mews, Chertsey is a modern leasehold apartment with 290 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Priory Mews, Guildford Street, Chertsey, KT16.
Guildford Street, Chertsey, KT16 is located in the borough of Runnymede within the KT16 postal district.
8 Priory Mews, Chertsey has a single entry in the Land Registry database from April 2007 and a single entry in the EPC database dated March 2020.
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 8 Priory Mews Chertsey as £175,386 and the rental value as £855 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Priory Mews Chertsey has increased by £899 (0.5%) and its rental value has increased by £64 per month (7.5%).
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 Priory Mews, Chertsey is in very good condition we estimate a sale value of £184,155 and rental value of £897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £163,109 and a rental value of £795 per month.
If you were able to purchase this property for the estimated value of £175,386, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £862 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 Priory Mews, Chertsey was last sold on 02 Apr 2007 for £168,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2007, the market for similar properties has risen 29.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Priory Mews, Chertsey within a radius of 530 metres over the last 2 years.
The most recent example is Flat 6, Nexus, Gogmore Lane, Chertsey, KT16 9GG, a Leasehold flat which sold for £213,000 in May 2022.
Read more about house prices in KT16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guildford Street, Chertsey, KT16 has a total of 260 addresses. According to our analysis of all the public data, 8 Priory Mews, Chertsey is the 257th largest and the 246th most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in KT16.
8 Priory Mews, Chertsey has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to 8 Priory Mews, Chertsey is Chertsey station which is 500 metres 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 8 Priory Mews, Chertsey, 31.6% of property is privately rented and 31.1% is socially 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 8 Priory Mews, Chertsey, 18.8% of residents are recorded as possessing school level qualifications and 29.8% 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 Priory Mews, Chertsey, the average age was 39.1 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 8 Priory Mews, Chertsey, 0.0% 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 Priory Mews, Chertsey, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.