5, Gorse Bank
5, Gorse Bank
Description & Estimates
5, Gorse Bank, Lightwater is recorded publicly as a mid-century freehold house across 1,140 ft2 of internal area, sitting on a 319 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 5, Gorse Bank, Lightwater is £539,796 and its rental estimate is £2,183 per month, given the available information and assuming reasonable condition.
Gorse Bank, Lightwater, GU18 falls within the GU18 postal district, in the borough of Surrey Heath.
Our Data Sources
5, Gorse Bank, Lightwater has a single entry in the Land Registry from April 2007 and a single entry in the EPC database dated October 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 5, Gorse Bank, Lightwater, we estimate a market value of £566,786 and a rental value of £2,292 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £502,011 and £2,030 per month respectively.
Recent Market Change
Over the last year, 5, Gorse Bank, Lightwater has seen its estimated sale value decrease by £5,373 (1.0%) and its estimated rental value grow by £90 per month (4.1%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 5, Gorse Bank, Lightwater as measuring 319 m2.
That makes it the largest plot in the postcode, where all 14 other houses have recorded plot data.
Energy Efficiency
5, Gorse Bank, Lightwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Gorse Bank, Lightwater completed on 27th April 2007 at £287,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 53.3% over the period since April 2007.
- Sold Apr 2007£287,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Gorse Bank, Lightwater have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th August 2023, was 78, Broom Field, Lightwater, GU18 5QW, a freehold house which sold for £580,000.
Read more about house prices in GU18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 18 addresses on Gorse Bank, Lightwater, GU18, 5, Gorse Bank, Lightwater comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £24k more expensive than the average property across the GU18 district.
More reading links
Schools Nearby
- 700mLightwater Village Junior School
- 800mLightwater Village Infant School and Nursery
- 1.5kmConnaught Junior School
- 2.1kmGordon's School
- 3.2kmCollingwood College
- 4.4kmTomlinscote School
More reading links
Public Transport Nearby
From 5, Gorse Bank, Lightwater, the nearest station is Bagshot, 2.3 kilometres away.
- 2.3kmBagshot
- 4.9kmCamberley
- 5.4kmBrookwood
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
