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According to the public record, 7, Ribston Road, Farnham is a modern leasehold apartment with 548 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 7, Ribston Road, Farnham is £266,071 and the estimated rental value is £1,427 per month.
Ribston Road, Farnham, GU9 is located in the borough of Waverley within the GU9 postal district.
7, Ribston Road, Farnham has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 7, Ribston Road, Farnham is in very good condition we estimate a sale value of £279,375 and a rental value of £1,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,446 and a rental value of £1,327 per month.
Over the last 12 months the sale value of 7 Ribston Road Farnham has decreased by an estimated £4,821 (1.8%) and its rental value has increased by an estimated £49 per month (3.5%), giving an expected gross yield of 6.4%.
7, Ribston Road, Farnham has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 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, 7, Ribston Road, Farnham was last sold on 11th February 2021 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has dropped 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Ribston Road, Farnham within a radius of 670 metres over the last 2 years.
The most recent example is 5, Ribston Road, Farnham, GU9 7GR, a leasehold flat which sold for £17,250 on the 15th December 2022.
Read more about house prices in GU9.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ribston Road, Farnham, GU9 has a total of 23 addresses. According to our analysis of all the public data, 7, Ribston Road, Farnham is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £282k less expensive than the average property in GU9.
The closest station to 7, Ribston Road, Farnham is Farnham station which is 1.2 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 7, Ribston Road, Farnham, 33.9% of property is socially rented and 33.0% 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 7, Ribston Road, Farnham, 25.3% of residents are recorded as possessing school level qualifications and 38.7% 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 7, Ribston Road, 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 7, Ribston Road, Farnham, 2.1% 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 7, Ribston Road, Farnham, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
