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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Melrose Close, Farnham is a modern freehold house with 1,388 ft2 of internal area and sits on a 342 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Melrose Close, Farnham is £738,040 and the estimated rental value is £2,418 per month.
Melrose Close, Farnham, GU9 is located in the borough of Waverley within the GU9 postal district.
2, Melrose Close, Farnham has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated June 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2, Melrose Close, Farnham is in very good condition we estimate a sale value of £774,942 and a rental value of £2,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £686,377 and a rental value of £2,249 per month.
Over the last 12 months the sale value of 2 Melrose Close Farnham has decreased by an estimated £20,120 (2.7%) and its rental value has increased by an estimated £91 per month (3.8%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 2, Melrose Close, Farnham sits on a plot of 342m2.
We have plot size data on 10 out of 10 other houses in the postcode and 2, Melrose Close, Farnham sits on the 2nd largest plot.
2, Melrose Close, Farnham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Jun 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Melrose Close, Farnham was last sold on 17th November 2022 for £856,060 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2022, the market for similar properties has dropped 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Melrose Close, Farnham within a radius of 760 metres over the last 2 years.
The most recent example is 22, Cascade Way, Farnham, GU9 7GQ, a freehold house which sold for £820,000 on the 8th December 2023.
Read more about house prices in GU9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Melrose Close, Farnham, GU9 has a total of 10 addresses. According to our analysis of all the public data, 2, Melrose Close, Farnham is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £192k more expensive than the average property in GU9.
The closest station to 2, Melrose Close, Farnham is Farnham station which is 1.3 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 2, Melrose Close, Farnham, 34.4% of property is privately owned with a mortgage and 31.3% 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 2, Melrose Close, Farnham, 23.1% of residents are recorded as possessing school level qualifications and 44.4% 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 2, Melrose Close, Farnham, the average age was 41.5 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 2, Melrose Close, Farnham, 0.8% 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 2, Melrose Close, Farnham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
