According to the public record, Flat 3, Normanhurst, Godalming is a modern leasehold apartment with 1,259 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Normanhurst, Summerhouse Road, Godalming, GU7.
Summerhouse Road, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
Flat 3, Normanhurst, Godalming has 31 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated February 2014.
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 Normanhurst Godalming as £337,261 and the rental value as £1,690 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 3 Normanhurst Godalming has increased by £7,486 (2.2%) and its rental value has increased by £100 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 3, Normanhurst, Godalming is in very good condition we estimate a sale value of £354,124 and rental value of £1,774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,653 and a rental value of £1,571 per month.
If you were able to purchase this property for the estimated value of £337,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, Normanhurst, Godalming was last sold on 22 Dec 2020 for £255,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2020, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 3, Normanhurst, Godalming within a radius of 660 metres over the last 2 years.
The most recent example is Flat 4, Normanhurst, Summerhouse Road, Godalming, GU7 1PY, a Leasehold flat which sold for £330,000 in Mar 2021.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Summerhouse Road, Godalming, GU7 has a total of 64 addresses. According to our analysis of all the public data, Flat 3, Normanhurst, Godalming is the 27th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in GU7.
Flat 3, Normanhurst, Godalming has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2014.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, Normanhurst, Godalming is Godalming station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Normanhurst, Godalming, 45.4% of property is privately owned outright and 35.3% 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 3, Normanhurst, Godalming, 21.4% of residents are recorded as possessing school level qualifications and 65.2% 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, Normanhurst, Godalming, the average age was 41.2 and the most common age was 47.
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, Normanhurst, Godalming, 2.1% 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, Normanhurst, Godalming, 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.