According to the public record, The New House, Cranleigh is a mid-century freehold house with 753 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Guildford Road, Cranleigh, GU6 is located in the borough of Waverley within the GU6 postal district.
The New House, Cranleigh has 21 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated May 2020.
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 The New House Cranleigh as £564,089 and the rental value as £1,837 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of The New House Cranleigh has increased by £3,017 (0.5%) and its rental value has increased by £83 per month (4.5%).
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 The New House, Cranleigh is in very good condition we estimate a sale value of £592,294 and rental value of £1,929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,603 and a rental value of £1,709 per month.
If you were able to purchase this property for the estimated value of £564,089, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,772 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, The New House, Cranleigh was last sold on 27 Oct 2020 for £350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has risen 10.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The New House, Cranleigh within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 2 Thornsflush, Guildford Road, Cranleigh, GU6 8PA, a Freehold house which sold for £410,000 in Jun 2021.
Read more about house prices in GU6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guildford Road, Cranleigh, GU6 has a total of 153 addresses. According to our analysis of all the public data, The New House, Cranleigh is the 151st largest and the 136th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in GU6.
The New House, Cranleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to The New House, Cranleigh is Chilworth station which is 6.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around The New House, Cranleigh, 56.0% of property is privately owned outright and 36.2% 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 The New House, Cranleigh, 18.4% of residents are recorded as possessing school level qualifications and 46.5% 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 The New House, Cranleigh, the average age was 44.3 and the most common age was 17.
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 The New House, Cranleigh, 1.1% 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 The New House, Cranleigh, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.