According to the public record, Flat 40, Mount Place, Guildford is a modern leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Mount Place, The Mount, Guildford, GU2.
The Mount, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
Flat 40, Mount Place, Guildford has 41 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated April 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 40 Mount Place Guildford as £147,555 and the rental value as £850 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 40 Mount Place Guildford has decreased by £568 (0.4%) and its rental value has increased by £33 per month (3.8%).
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 40, Mount Place, Guildford is in very good condition we estimate a sale value of £154,932 and rental value of £892 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,226 and a rental value of £790 per month.
If you were able to purchase this property for the estimated value of £147,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £725 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 40, Mount Place, Guildford was last sold on 14 Jul 2023 for £130,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2023, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Mount Place, Guildford within a radius of 490 metres over the last 2 years.
The most recent example is Flat 3, Mount Place, The Mount, Guildford, GU2 4HU, a Leasehold flat which sold for £132,000 in Dec 2021.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Mount, Guildford, GU2 has a total of 136 addresses. According to our analysis of all the public data, Flat 40, Mount Place, Guildford is the 111th largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £356k less expensive than the average property in GU2.
Flat 40, Mount Place, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 40, Mount Place, Guildford is Guildford station which is 200 metres 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 40, Mount Place, Guildford, 31.7% of property is privately owned outright and 31.7% is socially rented.
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 40, Mount Place, Guildford, 22.1% of residents are recorded as possessing school level qualifications and 35.0% 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 40, Mount Place, Guildford, the average age was 42.3 and the most common age was 52.
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 40, Mount Place, Guildford, 0.4% 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 40, Mount Place, Guildford, there are an average of 0.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.