According to the public record, Flat 4, Broadmead House, Woking is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Broadmead House, Gresham Park Road, Old Woking, Woking, GU22.
Gresham Park Road, Old Woking, Woking, GU22 is located in the borough of Woking within the GU22 postal district.
Flat 4, Broadmead House, Woking has 4 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated June 2023.
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 4 Broadmead House Woking as £369,114 and the rental value as £1,512 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 4 Broadmead House Woking has decreased by £5,653 (1.5%) and its rental value has increased by £68 per month (4.5%).
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 4, Broadmead House, Woking is in very good condition we estimate a sale value of £387,570 and rental value of £1,588 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,276 and a rental value of £1,407 per month.
If you were able to purchase this property for the estimated value of £369,114, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,814 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 4, Broadmead House, Woking was last sold on 27 Oct 2023 for £352,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Broadmead House, Woking within a radius of 860 metres over the last 2 years.
The most recent example is Flat 5, Broadmead House, Gresham Park Road, Woking, GU22 9DT, a Leasehold flat which sold for £385,000 in Jan 2023.
Read more about house prices in GU22.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Park Road, Old Woking, Woking, GU22 has a total of 88 addresses. According to our analysis of all the public data, Flat 4, Broadmead House, Woking is the 61st largest and the 56th most expensive property on the street.
When compared to the postcode district it is £232k less expensive than the average property in GU22.
Flat 4, Broadmead House, Woking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jun 2023.
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 4, Broadmead House, Woking is Woking station which is 2.4 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 4, Broadmead House, Woking, 42.2% of property is privately owned with a mortgage and 24.8% 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 4, Broadmead House, Woking, 26.0% of residents are recorded as possessing school level qualifications and 37.3% 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 4, Broadmead House, Woking, the average age was 36.2 and the most common age was 42.
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 4, Broadmead House, Woking, 0.3% 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 4, Broadmead House, Woking, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.