According to the public record, Punch Mead, Dorking is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,538 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Okewood Hill, Dorking, RH5 is located in the borough of Mole Valley within the RH5 postal district.
Punch Mead, Dorking has 2 entries in the Land Registry database, most recently in December 2021 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 Punch Mead Dorking as £1,228,602 and the rental value as £3,714 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of Punch Mead Dorking has decreased by £3,641 (0.3%) and its rental value has increased by £126 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 Punch Mead, Dorking is in very good condition we estimate a sale value of £1,290,032 and rental value of £3,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,142,600 and a rental value of £3,454 per month.
If you were able to purchase this property for the estimated value of £1,228,602, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,038 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, Punch Mead, Dorking was last sold on 01 Dec 2021 for £1,300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2021, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Punch Mead, Dorking within a radius of 4.5 kilometres over the last 2 years.
The most recent example is Middle Lodge, Standon, Stane Street, Dorking, RH5 5LX, a Freehold house which sold for £1,150,000 in Sep 2022.
Read more about house prices in RH5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Okewood Hill, Dorking, RH5 has a total of 40 addresses. According to our analysis of all the public data, Punch Mead, Dorking is the 16th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £510k more expensive than the average property in RH5.
The closest station to Punch Mead, Dorking is Ockley station which is 4.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Punch Mead, Dorking, 34.9% of property is privately owned outright and 33.3% 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 Punch Mead, Dorking, 19.0% of residents are recorded as possessing school level qualifications and 35.2% 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 Punch Mead, 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 Punch Mead, Dorking, 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 Punch Mead, Dorking, 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.