According to the public record, Flat 1, Bishops House, Godalming is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Bishops House, Lower South Street, Godalming, GU7.
Lower South Street, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
Flat 1, Bishops House, Godalming has 31 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated February 2019.
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 Flat 1 Bishops House Godalming as £197,214 and the rental value as £908 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 1 Bishops House Godalming has increased by £4,447 (2.3%) and its rental value has increased by £54 per month (5.9%).
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 Flat 1, Bishops House, Godalming is in very good condition we estimate a sale value of £207,075 and rental value of £953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,409 and a rental value of £844 per month.
If you were able to purchase this property for the estimated value of £197,214, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £969 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, Flat 1, Bishops House, Godalming was last sold on 04 Oct 2023 for £190,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Bishops House, Godalming within a radius of 710 metres over the last 2 years.
The most recent example is 147B , High Street, Godalming, GU7 1AF, a Leasehold flat which sold for £217,000 in Jun 2022.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower South Street, Godalming, GU7 has a total of 22 addresses. According to our analysis of all the public data, Flat 1, Bishops House, Godalming is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £370k less expensive than the average property in GU7.
Flat 1, Bishops House, Godalming has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2019.
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 Flat 1, Bishops House, Godalming is Godalming station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Bishops House, 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 Flat 1, Bishops House, 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 Flat 1, Bishops House, 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 Flat 1, Bishops House, 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 Flat 1, Bishops House, 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.