According to the public record, Flat, 1, Riverbank, Dorking is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Riverbank, Westcott, Dorking, RH4 is located in the borough of Mole Valley within the RH4 postal district.
Flat, 1, Riverbank, Dorking has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated October 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 Riverbank Dorking as £522,587 and the rental value as £1,893 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of Flat 1 Riverbank Dorking has increased by £10,104 (1.9%) and its rental value has increased by £78 per month (4.1%).
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, Riverbank, Dorking is in very good condition we estimate a sale value of £548,716 and rental value of £1,987 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £486,006 and a rental value of £1,760 per month.
If you were able to purchase this property for the estimated value of £522,587, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,568 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, Riverbank, Dorking was last sold on 09 Feb 2022 for £515,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 2.5 kilometres radius of Flat, 1, Riverbank, Dorking over the last 2 years.
The most recent example is 2, Meadow Close, Dorking, RH4 3GG, a Freehold house which sold for £672,500 in Dec 2016.
Read more about house prices in RH4.
Riverbank, Westcott, Dorking, RH4 has a total of 3 addresses. According to our analysis of all the public data, Flat, 1, Riverbank, Dorking is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in RH4.
Flat, 1, Riverbank, Dorking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2021.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat, 1, Riverbank, Dorking is Dorking West station which is 2.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat, 1, Riverbank, Dorking, 48.7% of property is privately owned outright and 32.7% 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 Flat, 1, Riverbank, Dorking, 17.3% of residents are recorded as possessing school level qualifications and 48.7% 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, Riverbank, Dorking, the average age was 45.1 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 Flat, 1, Riverbank, Dorking, 1.4% 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, Riverbank, Dorking, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.