According to the public record, Flat 5, Junction Place, Dorking is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Junction Place, Junction Road, Dorking, RH4.
Junction Road, Dorking, RH4 is located in the borough of Mole Valley within the RH4 postal district.
Flat 5, Junction Place, Dorking has 2 entries in the Land Registry database, most recently in April 2024 and a single entry in the EPC database dated December 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 5 Junction Place Dorking as £382,442 and the rental value as £1,476 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 5 Junction Place Dorking has increased by £9,563 (2.5%) and its rental value has increased by £59 per month (4.0%).
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 5, Junction Place, Dorking is in very good condition we estimate a sale value of £401,564 and rental value of £1,550 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,671 and a rental value of £1,373 per month.
If you were able to purchase this property for the estimated value of £382,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,880 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, Junction Place, Dorking was last sold on 04 Apr 2024 for £390,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2024, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Junction Place, Dorking within a radius of 480 metres over the last 2 years.
The most recent example is Apartment 18, Mulberry House, Station Road, Dorking, RH4 1EB, a Leasehold flat which sold for £345,000 in Jan 2023.
Read more about house prices in RH4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Junction Road, Dorking, RH4 has a total of 33 addresses. According to our analysis of all the public data, Flat 5, Junction Place, Dorking is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in RH4.
Flat 5, Junction Place, Dorking has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2015.
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, Junction Place, Dorking is Dorking West station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Junction Place, Dorking, 40.1% of property is privately rented and 21.4% 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 5, Junction Place, Dorking, 10.2% of residents are recorded as possessing school level qualifications and 42.7% 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 5, Junction Place, Dorking, the average age was 44.4 and the most common age was 57.
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, Junction Place, Dorking, 0.3% 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, Junction Place, Dorking, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.