According to the public record, Flat 15, Magna Riverside, Godalming is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Magna Riverside, Flambard Way, Godalming, GU7.
Flambard Way, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
Flat 15, Magna Riverside, Godalming has a single entry in the Land Registry database from January 2019 and a single entry in the EPC database dated August 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 good condition, we estimate the current sale value for Flat 15 Magna Riverside Godalming as £238,857 and the rental value as £1,011 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 15 Magna Riverside Godalming has decreased by £606 (0.3%) and its rental value has increased by £34 per month (3.3%).
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 Flat 15, Magna Riverside, Godalming is in very good condition we estimate a sale value of £250,800 and rental value of £1,061 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £222,137 and a rental value of £940 per month.
If you were able to purchase this property for the estimated value of £238,857, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,174 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 15, Magna Riverside, Godalming was last sold on 31 Jan 2019 for £253,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2019, the market for similar properties has risen 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Magna Riverside, Godalming within a radius of 640 metres over the last 2 years.
The most recent example is Flat 10, Magna Riverside, Flambard Way, Godalming, GU7 1HH, a Leasehold flat which sold for £230,000 in Aug 2022.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flambard Way, Godalming, GU7 has a total of 138 addresses. According to our analysis of all the public data, Flat 15, Magna Riverside, Godalming is the 133rd largest and the 124th most expensive property on the street.
When compared to the postcode district it is £328k less expensive than the average property in GU7.
Flat 15, Magna Riverside, Godalming has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using elecric underfloor heating.
The closest station to Flat 15, Magna Riverside, Godalming is Godalming station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, Magna Riverside, Godalming, 40.3% of property is privately owned outright and 33.7% is privately 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 Flat 15, Magna Riverside, Godalming, 8.3% 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 Flat 15, Magna Riverside, 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 15, Magna Riverside, Godalming, 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 15, Magna Riverside, Godalming, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.