According to the public record, 8, Willow Close, Dorking is a mid-century leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Willow Close, Beare Green, Dorking, RH5 is located in the borough of Mole Valley within the RH5 postal district.
8, Willow Close, Dorking has 41 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated January 2017.
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 Willow Close Dorking as £177,035 and the rental value as £824 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 8 Willow Close Dorking has increased by £2,727 (1.5%) and its rental value has increased by £44 per month (5.3%).
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, Willow Close, Dorking is in very good condition we estimate a sale value of £185,886 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,642 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £177,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £870 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, Willow Close, Dorking was last sold on 14 Mar 2022 for £210,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2022, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 8, Willow Close, Dorking within a radius of 2.9 kilometres over the last 2 years.
The most recent example is 10, Willow Close, Dorking, RH5 4SE, a Leasehold flat which sold for £173,000 in Feb 2015.
Read more about house prices in RH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willow Close, Beare Green, Dorking, RH5 has a total of 65 addresses. According to our analysis of all the public data, 8, Willow Close, Dorking is the 51st largest and the 51st most expensive property on the street.
When compared to the postcode district it is £542k less expensive than the average property in RH5.
8, Willow Close, Dorking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2017.
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 8, Willow Close, Dorking is Holmwood station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Willow Close, Dorking, 71.3% of property is socially rented and 15.5% 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 8, Willow Close, Dorking, 8.7% of residents are recorded as possessing school level qualifications and 12.5% 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, Willow Close, Dorking, the average age was 45.8 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, Willow Close, Dorking, 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, Willow Close, Dorking, 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.