As updated by Paul Cooney in Jan 2024, Lorengau Cottage, Dorking is a period freehold house with 1,596 ft2 of internal area comprising 4 bedrooms with a garden.
Forest Green, Dorking, RH5 is located in the borough of Mole Valley within the RH5 postal district.
Based on both the data supplied by Paul Cooney and the public information available in the area, we estimate the current sale value for Lorengau Cottage Dorking as £798,922 and the rental value as £2,900 per month giving an expected gross yield of 4.4%.
Paul Cooney described the decorative condition as fair in Jan 2024.
Over the last 12 months the sale value of Lorengau Cottage Dorking has decreased by £2,368 (0.3%) and its rental value has increased by £98 per month (3.4%).
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 Lorengau Cottage, Dorking is in very good condition we estimate a sale value of £838,868 and rental value of £3,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £742,998 and a rental value of £2,697 per month.
If you were able to purchase this property for the estimated value of £798,922, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,926 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lorengau Cottage, Dorking within a radius of 4.1 kilometres over the last 2 years.
The most recent example is Forest End, Dorking, RH5 5RZ, a Freehold house which sold for £770,000 in Jun 2021.
Read more about house prices in RH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Green, Dorking, RH5 has a total of 84 addresses. According to our analysis of all the public data, Lorengau Cottage, Dorking is the 53rd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £80k more expensive than the average property in RH5.
The closest station to Lorengau Cottage, Dorking is Ockley station which is 4.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Lorengau Cottage, Dorking, 52.3% of property is privately owned outright and 33.1% 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 Lorengau Cottage, Dorking, 15.5% of residents are recorded as possessing school level qualifications and 43.3% 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 Lorengau Cottage, Dorking, the average age was 45.1 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 Lorengau Cottage, Dorking, 4.5% 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 Lorengau Cottage, 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.