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Company No. 11113204
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According to the public record, Flat 29, Timothy Place, West Molesey is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 980 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 29, Timothy Place, West Molesey is £330,149 and the estimated rental value is £1,584 per month.
The apartment is within Timothy Place, Pool Close, West Molesey, KT8.
Pool Close, West Molesey, KT8 is located in the borough of Elmbridge within the KT8 postal district.
Flat 29, Timothy Place, West Molesey has a single entry in the Land Registry from July 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 Flat 29, Timothy Place, West Molesey is in very good condition we estimate a sale value of £346,657 and a rental value of £1,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,039 and a rental value of £1,473 per month.
Over the last 12 months the sale value of Flat 29 Timothy Place West Molesey has decreased by an estimated £6,839 (2.1%) and its rental value has increased by an estimated £47 per month (3.0%), giving an expected gross yield of 5.8%.
According to HM Land Registry, Flat 29, Timothy Place, West Molesey was last sold on 27th July 2007 for £239,594 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 51.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Timothy Place, West Molesey within a radius of 770 metres over the last 2 years.
The most recent example is Flat 3, Baddeley House, Down Street, West Molesey, KT8 2LS, a leasehold flat which sold for £307,000 on the 17th August 2022.
Read more about house prices in KT8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pool Close, West Molesey, KT8 has a total of 48 addresses. According to our analysis of all the public data, Flat 29, Timothy Place, West Molesey is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £330k less expensive than the average property in KT8.
The closest station to Flat 29, Timothy Place, West Molesey is Hersham station which is 2.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Flat 29, Timothy Place, West Molesey, 35.6% of property is privately owned outright and 33.1% is privately owned with a mortgage.
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 Flat 29, Timothy Place, West Molesey, 21.1% of residents are recorded as possessing school level qualifications and 32.7% 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 Flat 29, Timothy Place, West Molesey, the average age was 39.3 and the most common age was 42.
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 Flat 29, Timothy Place, West Molesey, 1.9% 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 Flat 29, Timothy Place, West Molesey, 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.
