According to the public record, Flat 7, King Georges Lodge, Guildford is a period leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in King Georges Lodge, Monro Drive, Guildford, GU2.
Monro Drive, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
Flat 7, King Georges Lodge, Guildford has 61 entries in the Land Registry database, most recently in June 2008 and a single entry in the EPC database dated July 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 7 King Georges Lodge Guildford as £260,113 and the rental value as £1,294 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 7 King Georges Lodge Guildford has increased by £834 (0.3%) and its rental value has increased by £56 per month (4.4%).
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 7, King Georges Lodge, Guildford is in very good condition we estimate a sale value of £273,118 and rental value of £1,358 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £241,905 and a rental value of £1,203 per month.
If you were able to purchase this property for the estimated value of £260,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,278 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 7, King Georges Lodge, Guildford was last sold on 16 Jun 2008 for £220,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jun 2008, the market for similar properties has risen 44.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, King Georges Lodge, Guildford within a radius of 490 metres over the last 2 years.
The most recent example is 283, Stoughton Road, Guildford, GU2 9PR, a Leasehold flat which sold for £285,000 in Oct 2023.
Read more about house prices in GU2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monro Drive, Guildford, GU2 has a total of 48 addresses. According to our analysis of all the public data, Flat 7, King Georges Lodge, Guildford is the 38th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in GU2.
Flat 7, King Georges Lodge, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 7, King Georges Lodge, Guildford is Guildford station which is 2.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, King Georges Lodge, Guildford, 41.0% of property is privately rented and 32.8% 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 7, King Georges Lodge, Guildford, 24.8% of residents are recorded as possessing school level qualifications and 54.1% 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 7, King Georges Lodge, Guildford, the average age was 37.8 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 7, King Georges Lodge, Guildford, 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 7, King Georges Lodge, Guildford, 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.