According to the public record, 38A, Somertons Close, Guildford is a mid-century apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Somertons Close, Guildford, GU2.
Somertons Close, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
38A, Somertons Close, Guildford has no records in the Land Registry database and a single entry in the EPC database dated August 2019.
We combine this information with public data 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 38A Somertons Close Guildford as £245,711 and the rental value as £1,250 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 38A Somertons Close Guildford has increased by £788 (0.3%) and its rental value has increased by £54 per month (4.4%).
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 38A, Somertons Close, Guildford is in very good condition we estimate a sale value of £257,997 and rental value of £1,312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,511 and a rental value of £1,162 per month.
If you were able to purchase this property for the estimated value of £245,711, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,208 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38A, Somertons Close, Guildford within a radius of 490 metres over the last 2 years.
The most recent example is 11, John Russell Close, Guildford, GU2 9YF, a Leasehold flat which sold for £290,000 in Sep 2023.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somertons Close, Guildford, GU2 has a total of 47 addresses. According to our analysis of all the public data, 38A, Somertons Close, Guildford is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £257k less expensive than the average property in GU2.
38A, Somertons Close, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 38A, Somertons Close, Guildford is Guildford station which is 2.4 kilometres 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 38A, Somertons Close, Guildford, 48.3% of property is privately owned with a mortgage and 25.0% 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 38A, Somertons Close, Guildford, 17.7% of residents are recorded as possessing school level qualifications and 44.6% 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 38A, Somertons Close, Guildford, the average age was 37.8 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 38A, Somertons Close, Guildford, 1.8% 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 38A, Somertons Close, Guildford, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.