According to the public record, 8, Royal Mews, Godalming is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Royal Mews, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
8, Royal Mews, Godalming has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated March 2016.
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 Royal Mews Godalming as £386,213 and the rental value as £1,576 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 8 Royal Mews Godalming has increased by £6,609 (1.7%) and its rental value has increased by £84 per month (5.4%).
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, Royal Mews, Godalming is in very good condition we estimate a sale value of £405,524 and rental value of £1,655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,178 and a rental value of £1,466 per month.
If you were able to purchase this property for the estimated value of £386,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,898 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, Royal Mews, Godalming was last sold on 05 Sep 2017 for £365,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Royal Mews, Godalming within a radius of 680 metres over the last 2 years.
The most recent example is 6 Edison House, Flambard Way, Godalming, GU7 1FF, a Leasehold flat which sold for £380,000 in Dec 2023.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Mews, Godalming, GU7 has a total of 8 addresses. According to our analysis of all the public data, 8, Royal Mews, Godalming is the largest and the most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in GU7.
8, Royal Mews, Godalming has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to 8, Royal Mews, Godalming is Godalming station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Royal Mews, Godalming, 56.0% of property is privately rented and 19.0% 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, Royal Mews, Godalming, 12.2% of residents are recorded as possessing school level qualifications and 40.5% 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, Royal Mews, Godalming, the average age was 39.2 and the most common age was 17.
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, Royal Mews, Godalming, 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 8, Royal Mews, Godalming, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.