According to the public record, Meridian, Guildford is a mid-century freehold house with 2,658 ft2 of internal area and sits on a 2,203 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Shophouse Lane, Albury, Guildford, GU5 is located in the borough of Guildford within the GU5 postal district.
Meridian, Guildford has 3 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated October 2017.
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 Meridian Guildford as £1,632,839 and the rental value as £3,710 per month giving an expected gross yield of 2.7%.
Over the last 12 months the sale value of Meridian Guildford has decreased by £30,428 (1.9%) and its rental value has increased by £86 per month (2.3%).
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 Meridian, Guildford is in very good condition we estimate a sale value of £1,714,481 and rental value of £3,895 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,518,540 and a rental value of £3,450 per month.
If you were able to purchase this property for the estimated value of £1,632,839, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,025 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 data from HM Land Registry, Meridian, Guildford sits on a plot of 2203m2.
We have plot size data on 7 out of 12 other houses in the postcode and Meridian, Guildford sits on the 2nd largest plot.
According to HM Land Registry, Meridian, Guildford was last sold on 24 Nov 2021 for £1,700,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2021, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Meridian, Guildford within a radius of 3.4 kilometres over the last 2 years.
The most recent example is Dipcot, August Lane, Guildford, GU5 9DP, a Freehold house which sold for £1,550,000 in Feb 2022.
Read more about house prices in GU5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shophouse Lane, Albury, Guildford, GU5 has a total of 43 addresses. According to our analysis of all the public data, Meridian, Guildford is the 7th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £732k more expensive than the average property in GU5.
Meridian, Guildford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Meridian, Guildford is Chilworth station which is 3.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Meridian, Guildford, 40.2% of property is privately owned outright and 26.5% 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 Meridian, Guildford, 16.3% of residents are recorded as possessing school level qualifications and 40.9% 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 Meridian, Guildford, the average age was 46 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 Meridian, Guildford, 1.3% 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 Meridian, Guildford, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.