According to the public record, Flat 4, Fordmill House, Godalming is a modern leasehold apartment with 1,388 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 4, Fordmill House, Godalming has 21 entries in the Land Registry database, most recently in April 2020 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 4 Fordmill House Godalming as £778,033 and the rental value as £2,102 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Flat 4 Fordmill House Godalming has increased by £33,757 (4.3%) and its rental value has increased by £176 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 4, Fordmill House, Godalming is in very good condition we estimate a sale value of £816,935 and rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £723,571 and a rental value of £1,955 per month.
If you were able to purchase this property for the estimated value of £778,033, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,824 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, Fordmill House, Godalming was last sold on 02 Apr 2020 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2020, the market for similar properties has risen 10.0%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.3 kilometres radius of Flat 4, Fordmill House, Godalming over the last 2 years.
The most recent example is Flat 2, Fordmill House, Portsmouth Road, Godalming, GU8 5HJ, a Leasehold flat which sold for £311,250 in Feb 2021.
Read more about house prices in GU8.
Portsmouth Road, Milford, Godalming, GU8 has a total of 171 addresses. According to our analysis of all the public data, Flat 4, Fordmill House, Godalming is the 50th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in GU8.
Flat 4, 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 4, Fordmill House, Godalming is Milford (Surrey) station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 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 4, 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 4, 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 4, 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 4, 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.