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1, John Norman Grove, Lightwater is recorded publicly as a modern leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1, John Norman Grove, Lightwater is £268,421 and its rental estimate is £1,225 per month, given the available information and assuming reasonable condition.
John Norman Grove, Lightwater, GU18 falls within the GU18 postal district, in the borough of Surrey Heath.
1, John Norman Grove, Lightwater has 2 entries in the Land Registry , most recently in March 2024 and a single entry in the EPC database dated May 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, John Norman Grove, Lightwater, we estimate a market value of £281,842 and a rental value of £1,287 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £249,632 and £1,140 per month respectively.
Over the last year, 1, John Norman Grove, Lightwater has seen its estimated sale value decline by £4,568 (1.7%) and its estimated rental value climb by £45 per month (3.7%). This results in an estimated gross rental yield of 5.5%.
1, John Norman Grove, Lightwater has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, John Norman Grove, Lightwater completed on 13th March 2024 at £300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.0% over the period since March 2024.
Over the past 2 years 3 properties similar to 1, John Norman Grove, Lightwater have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was 20, John Norman Grove, Lightwater, GU18 5AD, a leasehold flat which sold for £275,000.
Read more about house prices in GU18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 20 addresses on John Norman Grove, Lightwater, GU18, 1, John Norman Grove, Lightwater comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £247k less expensive than the average property across the GU18 district.
From 1, John Norman Grove, Lightwater, the nearest station is Bagshot, 1.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, John Norman Grove, Lightwater, 48.2% of property is privately owned with a mortgage and 34.0% is privately owned outright.
The graph below shows how this compares to South East 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 1, John Norman Grove, Lightwater, 19.3% of residents are recorded as possessing school level qualifications and 33.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, John Norman Grove, Lightwater, the average age was 45.9 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 1, John Norman Grove, Lightwater, 0.0% 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 1, John Norman Grove, Lightwater, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.