According to the public record, Flat 48, Wey Corner, Guildford is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a roof terrace and balcony.
The apartment is in Wey Corner, Walnut Tree Close, Guildford, GU1.
Walnut Tree Close, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
Flat 48, Wey Corner, Guildford has a single entry in the Land Registry database from November 2018 and a single entry in the EPC database dated August 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 48 Wey Corner Guildford as £400,485 and the rental value as £1,714 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 48 Wey Corner Guildford has decreased by £1,622 (0.4%) and its rental value has increased by £62 per month (3.6%).
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 48, Wey Corner, Guildford is in very good condition we estimate a sale value of £420,510 and rental value of £1,799 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,451 and a rental value of £1,594 per month.
If you were able to purchase this property for the estimated value of £400,485, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,968 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 48, Wey Corner, Guildford was last sold on 30 Nov 2018 for £465,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2018, the market for similar properties has risen 1.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 48, Wey Corner, Guildford within a radius of 330 metres over the last 2 years.
The most recent example is Flat 14, Wey Corner, Walnut Tree Close, Guildford, GU1 4TT, a Leasehold flat which sold for £132,000 in Sep 2023.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walnut Tree Close, Guildford, GU1 has a total of 955 addresses. According to our analysis of all the public data, Flat 48, Wey Corner, Guildford is the 352nd largest and the 108th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in GU1.
Flat 48, Wey Corner, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Aug 2018.
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 48, Wey Corner, Guildford is Guildford station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 48, Wey Corner, Guildford, 34.2% of property is privately rented and 23.4% 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 48, Wey Corner, Guildford, 19.0% of residents are recorded as possessing school level qualifications and 48.7% 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 48, Wey Corner, Guildford, the average age was 32.4 and the most common age was 22.
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 48, Wey Corner, Guildford, 1.4% 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 48, Wey Corner, Guildford, 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.