According to the public record, Flat 8, Medlar Court, Dorking is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,176 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Medlar Court, Church Lane, Newdigate, Dorking, RH5.
Church Lane, Newdigate, Dorking, RH5 is located in the borough of Mole Valley within the RH5 postal district.
Flat 8, Medlar Court, Dorking has 21 entries in the Land Registry database, most recently in May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 8 Medlar Court Dorking as £430,234 and the rental value as £1,744 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 8 Medlar Court Dorking has increased by £10,062 (2.3%) and its rental value has increased by £108 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 8, Medlar Court, Dorking is in very good condition we estimate a sale value of £451,746 and rental value of £1,832 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £400,118 and a rental value of £1,622 per month.
If you were able to purchase this property for the estimated value of £430,234, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,114 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 8, Medlar Court, Dorking was last sold on 11 May 2007 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2007, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Medlar Court, Dorking within a radius of 3.0 kilometres over the last 2 years.
The most recent example is Flat 4, Medlar Court, Church Lane, Dorking, RH5 5AW, a Leasehold flat which sold for £359,950 in Aug 2021.
Read more about house prices in RH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Church Lane, Newdigate, Dorking, RH5 has a total of 25 addresses. According to our analysis of all the public data, Flat 8, Medlar Court, Dorking is the 8th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £288k less expensive than the average property in RH5.
The closest station to Flat 8, Medlar Court, Dorking is Holmwood station which is 2.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Medlar Court, Dorking, 51.7% of property is privately owned outright and 32.6% 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 8, Medlar Court, Dorking, 13.9% of residents are recorded as possessing school level qualifications and 44.1% 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 8, Medlar Court, Dorking, the average age was 45.8 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 8, Medlar Court, Dorking, 0.2% 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 8, Medlar Court, Dorking, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.