According to the public record, Flat 4, Queens Ridge 12, Godalming is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Queens Ridge, Queen Street, Godalming, GU7.
Queen Street, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
Flat 4, Queens Ridge 12, Godalming has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated April 2018.
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 Queens Ridge 12 Godalming as £386,704 and the rental value as £1,615 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 4 Queens Ridge 12 Godalming has decreased by £2,017 (0.5%) and its rental value has increased by £49 per month (3.0%).
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, Queens Ridge 12, Godalming is in very good condition we estimate a sale value of £406,039 and rental value of £1,696 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,635 and a rental value of £1,502 per month.
If you were able to purchase this property for the estimated value of £386,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,901 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, Queens Ridge 12, Godalming was last sold on 20 Sep 2018 for £367,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Queens Ridge 12, Godalming within a radius of 700 metres over the last 2 years.
The most recent example is Flat 5, Queens Ridge 12, Queen Street, Godalming, GU7 1FQ, a Leasehold flat which sold for £380,000 in Jan 2022.
Read more about house prices in GU7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Queen Street, Godalming, GU7 has a total of 22 addresses. According to our analysis of all the public data, Flat 4, Queens Ridge 12, Godalming is the 6th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in GU7.
Flat 4, Queens Ridge 12, Godalming has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Apr 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using an electric boiler and radiators.
The closest station to Flat 4, Queens Ridge 12, 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 4, Queens Ridge 12, Godalming, 39.1% of property is privately owned with a mortgage and 33.3% 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, Queens Ridge 12, Godalming, 17.2% of residents are recorded as possessing school level qualifications and 46.6% 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, Queens Ridge 12, Godalming, the average age was 39.2 and the most common age was 17.
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, Queens Ridge 12, Godalming, 1.5% 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, Queens Ridge 12, Godalming, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.