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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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56, Ivy Drive, Lightwater is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 56, Ivy Drive, Lightwater is £246,567 and its rental estimate is £1,142 per month, given the available information and assuming reasonable condition.
Ivy Drive, Lightwater, GU18 falls within the GU18 postal district, in the borough of Surrey Heath.
56, Ivy Drive, Lightwater has 21 entries in the Land Registry , most recently in April 2021 and a single entry in the EPC database dated November 2018.
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 56, Ivy Drive, Lightwater, we estimate a market value of £258,896 and a rental value of £1,199 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £229,308 and £1,062 per month respectively.
Over the last year, 56, Ivy Drive, Lightwater has seen its estimated sale value move down by £4,196 (1.7%) and its estimated rental value increase by £42 per month (3.7%). This results in an estimated gross rental yield of 5.6%.
56, Ivy Drive, Lightwater has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Nov 2018.
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 56, Ivy Drive, Lightwater completed on 23rd April 2021 at £262,000 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 5.6% over the period since April 2021.
Over the past 2 years 3 properties similar to 56, Ivy Drive, Lightwater have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was 46, Ivy Drive, Lightwater, GU18 5YT, a leasehold flat which sold for £240,000.
Read more about house prices in GU18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 98 addresses on Ivy Drive, Lightwater, GU18, 56, Ivy Drive, Lightwater comes out as the 55th largest and the 73rd most expensive in our analysis of the public data.
It is also £269k less expensive than the average property across the GU18 district.
From 56, Ivy Drive, Lightwater, the nearest station is Bagshot, 2.4 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 56, Ivy Drive, Lightwater, 39.0% of property is privately owned with a mortgage and 37.7% 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 56, Ivy Drive, Lightwater, 14.8% of residents are recorded as possessing school level qualifications and 52.1% 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 56, Ivy Drive, 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 56, Ivy Drive, Lightwater, 0.3% 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 56, Ivy Drive, 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.
