According to the public record, Flat 5, 18, Oakbank Avenue, Walton-On-Thames is a modern leasehold apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 18, Oakbank Avenue, Walton-On-Thames, KT12.
Oakbank Avenue, Walton-On-Thames, KT12 is located in the borough of Elmbridge within the KT12 postal district.
Flat 5, 18, Oakbank Avenue, Walton-On-Thames has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated February 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 5 18 Oakbank Avenue Walton-On-Thames as £308,352 and the rental value as £1,320 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 5 18 Oakbank Avenue Walton-On-Thames has increased by £5,813 (1.9%) and its rental value has increased by £81 per month (6.2%).
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 5, 18, Oakbank Avenue, Walton-On-Thames is in very good condition we estimate a sale value of £323,770 and rental value of £1,386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,768 and a rental value of £1,228 per month.
If you were able to purchase this property for the estimated value of £308,352, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,515 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 5, 18, Oakbank Avenue, Walton-On-Thames was last sold on 24 May 2021 for £126,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 18, Oakbank Avenue, Walton-On-Thames within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 38A, Oakbank Avenue, Walton-On-Thames, KT12 3RB, a Leasehold flat which sold for £103,250 in Jul 2020.
Read more about house prices in KT12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakbank Avenue, Walton-On-Thames, KT12 has a total of 118 addresses. According to our analysis of all the public data, Flat 5, 18, Oakbank Avenue, Walton-On-Thames is the 34th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £342k less expensive than the average property in KT12.
Flat 5, 18, Oakbank Avenue, Walton-On-Thames has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Feb 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 5, 18, Oakbank Avenue, Walton-On-Thames is Hersham station which is 1.3 kilometres 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 5, 18, Oakbank Avenue, Walton-On-Thames, 43.6% of property is socially rented and 17.3% is shared ownership.
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 5, 18, Oakbank Avenue, Walton-On-Thames, 28.4% of residents are recorded as possessing school level qualifications and 26.0% 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 5, 18, Oakbank Avenue, Walton-On-Thames, the average age was 37.3 and the most common age was 32.
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 5, 18, Oakbank Avenue, Walton-On-Thames, 0.0% 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 5, 18, Oakbank Avenue, Walton-On-Thames, 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.