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Public records show 8, Cranley Lodge 2, Guildford to be a period leasehold apartment with 516 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
8, Cranley Lodge 2, Guildford has an estimated sale value of £257,744 and an estimated rental value of £1,358 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cranley Lodge, Cranley Road, Guildford, GU1.
Cranley Road, Guildford, GU1 lies in the borough of Guildford, within the GU1 postal district.
8, Cranley Lodge 2, Guildford has 51 entries in the Land Registry , most recently in February 2023 and a single entry in the EPC database dated June 2022.
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.
In very good condition, we estimate 8, Cranley Lodge 2, Guildford would be worth £270,631, with a potential rental value of £1,425 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £239,702, with a rental value of £1,262 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 8, Cranley Lodge 2, Guildford has increased by £1,522 (0.6%) over the last year. During the same period, its estimated monthly rental value has grown by £60 (4.4%). The property's estimated gross yield is currently 6.3%.
8, Cranley Lodge 2, Guildford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jun 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
8, Cranley Lodge 2, Guildford last changed hands on 9th February 2023, selling for £229,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has dropped by 12.2% since February 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 550 metres of 8, Cranley Lodge 2, Guildford across the last 2 years.
Most recently, 14 Freshborough Court, Lower Edgeborough Road, Guildford, GU1 2EU, a leasehold flat, sold at £260,000 on the 3rd November 2023.
Read more about house prices in GU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 8, Cranley Lodge 2, Guildford as the 109th largest and the 110th most expensive of the 119 addresses on Cranley Road, Guildford, GU1.
Against the GU1 postcode district average, it is £338k less expensive than the typical property.
London Road (Guildford) station is the nearest stop to 8, Cranley Lodge 2, Guildford at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Cranley Lodge 2, Guildford, 47.0% of property is privately rented and 29.1% 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 8, Cranley Lodge 2, Guildford, 25.6% of residents are recorded as possessing school level qualifications and 69.6% 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 8, Cranley Lodge 2, Guildford, the average age was 37 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 8, Cranley Lodge 2, Guildford, 2.0% 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 8, Cranley Lodge 2, Guildford, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.