According to the public record, Apartment 409, The Residence 4, Guildford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Residence, Alexandra Terrace, Guildford, GU1.
Alexandra Terrace, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
Apartment 409, The Residence 4, Guildford has a single entry in the Land Registry database from July 2012 and a single entry in the EPC database dated July 2022.
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 Apartment 409 The Residence 4 Guildford as £388,672 and the rental value as £1,506 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Apartment 409 The Residence 4 Guildford has increased by £5,391 (1.4%) and its rental value has increased by £86 per month (5.7%).
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 Apartment 409, The Residence 4, Guildford is in very good condition we estimate a sale value of £408,106 and rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £361,465 and a rental value of £1,401 per month.
If you were able to purchase this property for the estimated value of £388,672, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,910 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, Apartment 409, The Residence 4, Guildford was last sold on 30 Jul 2012 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2012, the market for similar properties has risen 32.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 409, The Residence 4, Guildford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 5, Chestnut House 32, York Road, Guildford, GU1 4DF, a Leasehold flat which sold for £345,000 in Mar 2024.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Terrace, Guildford, GU1 has a total of 34 addresses. According to our analysis of all the public data, Apartment 409, The Residence 4, Guildford is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in GU1.
Apartment 409, The Residence 4, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Apartment 409, The Residence 4, Guildford is London Road (Guildford) station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 409, The Residence 4, Guildford, 34.6% of property is privately rented and 29.4% 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 Apartment 409, The Residence 4, Guildford, 12.9% of residents are recorded as possessing school level qualifications and 51.9% 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 Apartment 409, The Residence 4, Guildford, the average age was 37 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 Apartment 409, The Residence 4, Guildford, 1.9% 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 Apartment 409, The Residence 4, Guildford, 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.