According to the public record, Flat 2, Fordmill House, Godalming is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Fordmill House, Portsmouth Road, Milford, Godalming, GU8.
Portsmouth Road, Milford, Godalming, GU8 is located in the borough of Waverley within the GU8 postal district.
Flat 2, Fordmill House, Godalming has 31 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated May 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 2 Fordmill House Godalming as £605,596 and the rental value as £1,757 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Flat 2 Fordmill House Godalming has increased by £26,276 (4.3%) and its rental value has increased by £147 per month (8.4%).
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 Flat 2, Fordmill House, Godalming is in very good condition we estimate a sale value of £635,876 and rental value of £1,845 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £563,204 and a rental value of £1,634 per month.
If you were able to purchase this property for the estimated value of £605,596, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,976 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 2, Fordmill House, Godalming was last sold on 12 Feb 2021 for £311,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2021, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2, Fordmill House, Godalming within a radius of 1.3 kilometres over the last 2 years.
The most recent example is Flat 3, Fordmill House, Portsmouth Road, Godalming, GU8 5HJ, a Leasehold flat which sold for £460,000 in Sep 2013.
Read more about house prices in GU8.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portsmouth Road, Milford, Godalming, GU8 has a total of 171 addresses. According to our analysis of all the public data, Flat 2, Fordmill House, Godalming is the 94th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in GU8.
Flat 2, Fordmill House, Godalming has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 2, Fordmill House, Godalming is Milford (Surrey) station which is 1.0 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 Flat 2, Fordmill House, Godalming, 43.0% of property is privately owned outright and 22.2% 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 2, Fordmill House, Godalming, 9.2% of residents are recorded as possessing school level qualifications and 49.0% 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 2, Fordmill House, Godalming, the average age was 44.6 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 2, Fordmill House, Godalming, 1.0% 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 2, Fordmill House, Godalming, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.