According to the public record, Flat 7, Welland House, Guildford is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Welland House, Albury Road, Guildford, GU1.
Albury Road, Guildford, GU1 is located in the borough of Guildford within the GU1 postal district.
Flat 7, Welland House, Guildford has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated January 2022.
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 Welland House Guildford as £482,951 and the rental value as £1,841 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 7 Welland House Guildford has increased by £6,310 (1.3%) and its rental value has increased by £106 per month (5.8%).
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 7, Welland House, Guildford is in very good condition we estimate a sale value of £507,098 and rental value of £1,933 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £449,144 and a rental value of £1,712 per month.
If you were able to purchase this property for the estimated value of £482,951, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,374 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, Welland House, Guildford was last sold on 28 Oct 2020 for £475,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Welland House, Guildford within a radius of 580 metres over the last 2 years.
The most recent example is Flat 13, Welland House, Albury Road, Guildford, GU1 2WS, a Leasehold flat which sold for £550,000 in May 2023.
Read more about house prices in GU1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albury Road, Guildford, GU1 has a total of 107 addresses. According to our analysis of all the public data, Flat 7, Welland House, Guildford is the 49th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in GU1.
Flat 7, Welland House, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jan 2022.
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 7, Welland House, Guildford is London Road (Guildford) station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Welland House, Guildford, 37.8% of property is privately owned outright and 34.3% is privately 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 7, Welland House, Guildford, 21.3% of residents are recorded as possessing school level qualifications and 61.2% 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, Welland House, Guildford, the average age was 42.1 and the most common age was 47.
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, Welland House, Guildford, 4.1% 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, Welland House, Guildford, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.