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According to the public record, 1, Rivett Drake Close, Guildford is a modern leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Rivett Drake Close, Guildford is £411,835 and the estimated rental value is £1,665 per month.
Rivett Drake Close, Guildford, GU2 is located in the borough of Guildford within the GU2 postal district.
1, Rivett Drake Close, Guildford has 31 entries in the Land Registry , most recently in March 2008 and a single entry in the EPC database dated December 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 1, Rivett Drake Close, Guildford is in very good condition we estimate a sale value of £432,427 and a rental value of £1,748 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,007 and a rental value of £1,548 per month.
Over the last 12 months the sale value of 1 Rivett Drake Close Guildford has increased by an estimated £8,050 (2.0%) and its rental value has increased by an estimated £81 per month (4.9%), giving an expected gross yield of 4.9%.
1, Rivett Drake Close, Guildford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 1, Rivett Drake Close, Guildford was last sold on 28th March 2008 for £290,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2008, the market for similar properties has risen 32.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Rivett Drake Close, Guildford within a radius of 490 metres over the last 2 years.
The most recent example is 12, Forster Road, Guildford, GU2 9AF, a leasehold flat which sold for £400,000 on the 15th March 2022.
Read more about house prices in GU2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rivett Drake Close, Guildford, GU2 has a total of 23 addresses. According to our analysis of all the public data, 1, Rivett Drake Close, Guildford is the 17th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in GU2.
The closest station to 1, Rivett Drake Close, Guildford is Guildford station which is 2.9 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 1, Rivett Drake Close, Guildford, 43.6% of property is privately owned with a mortgage and 22.8% is socially rented.
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, Rivett Drake Close, Guildford, 25.6% of residents are recorded as possessing school level qualifications and 55.9% 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, Rivett Drake Close, Guildford, the average age was 37.8 and the most common age was 22.
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, Rivett Drake Close, Guildford, 0.9% 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, Rivett Drake Close, 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.