According to the public record, Flat 3, Cavendish Place, Guildford is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cavendish Place, St. Marys Way, Guildford, GU2.
St. Marys Way, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
Flat 3, Cavendish Place, Guildford has 61 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated September 2020.
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 3 Cavendish Place Guildford as £253,099 and the rental value as £1,272 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 Cavendish Place Guildford has decreased by £3,358 (1.3%) and its rental value has increased by £43 per month (3.4%).
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 3, Cavendish Place, Guildford is in very good condition we estimate a sale value of £265,754 and rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £235,382 and a rental value of £1,183 per month.
If you were able to purchase this property for the estimated value of £253,099, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,244 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 3, Cavendish Place, Guildford was last sold on 22 Jul 2020 for £252,750 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jul 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Cavendish Place, Guildford within a radius of 770 metres over the last 2 years.
The most recent example is 20, School Meadow, Guildford, GU2 8GY, a Leasehold flat which sold for £130,000 in Mar 2024.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Marys Way, Guildford, GU2 has a total of 38 addresses. According to our analysis of all the public data, Flat 3, Cavendish Place, Guildford is the 37th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £250k less expensive than the average property in GU2.
Flat 3, Cavendish Place, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2020.
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 3, Cavendish Place, Guildford is Guildford station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Cavendish Place, Guildford, 43.6% of property is privately owned with a mortgage and 32.9% 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 3, Cavendish Place, Guildford, 15.9% of residents are recorded as possessing school level qualifications and 53.2% 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 3, Cavendish Place, Guildford, the average age was 43.2 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 3, Cavendish Place, Guildford, 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 3, Cavendish Place, Guildford, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.