According to the public record, Flat 4, Mill Court, Woking is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Mill Court, 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, Mill Court, Woking has 3 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated March 2013.
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 Mill Court Woking as £283,297 and the rental value as £1,252 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 4 Mill Court Woking has decreased by £4,461 (1.6%) and its rental value has increased by £58 per month (4.6%).
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, Mill Court, Woking is in very good condition we estimate a sale value of £297,462 and rental value of £1,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,466 and a rental value of £1,164 per month.
If you were able to purchase this property for the estimated value of £283,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,392 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, Mill Court, Woking was last sold on 13 Feb 2023 for £289,952 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Mill Court, Woking within a radius of 890 metres over the last 2 years.
The most recent example is Flat 20, Mill Court, Gresham Park Road, Woking, GU22 9DS, a Leasehold flat which sold for £270,000 in May 2021.
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, Mill Court, Woking is the 83rd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £317k less expensive than the average property in GU22.
Flat 4, Mill Court, Woking has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Mar 2013.
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, Mill Court, Woking is Woking station which is 2.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Mill Court, Woking, 55.7% of property is privately owned with a mortgage and 20.8% 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, Mill Court, Woking, 13.0% of residents are recorded as possessing school level qualifications and 53.6% 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, Mill Court, 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, Mill Court, Woking, 0.8% 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, Mill Court, Woking, 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.