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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
Flat 3, 1, Victoria Terrace, Dorking is recorded publicly as a period leasehold apartment across 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 3, 1, Victoria Terrace, Dorking is £181,422 and its rental estimate is £830 per month, given the available information and assuming reasonable condition.
1, Victoria Terrace is a residential building on Victoria Terrace, Dorking, RH4 and falls within the RH4 postal district and the borough of Mole Valley.
Flat 3, 1, Victoria Terrace, Dorking has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated April 2019.
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.
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 Flat 3, 1, Victoria Terrace, Dorking, we estimate a market value of £190,493 and a rental value of £872 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £168,722 and £772 per month respectively.
Over the last year, Flat 3, 1, Victoria Terrace, Dorking has seen its estimated sale value decline by £97 (0.1%) and its estimated rental value climb by £44 per month (5.4%). This results in an estimated gross rental yield of 5.5%.
Flat 3, 1, Victoria Terrace, Dorking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Apr 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 3, 1, Victoria Terrace, Dorking completed on 7th September 2021 at £196,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 8.7% over the period since September 2021.
Over the past 2 years 3 properties similar to Flat 3, 1, Victoria Terrace, Dorking have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th May 2024, was 84, High Street, Dorking, RH4 1AY, a leasehold flat which sold for £151,000.
Read more about house prices in RH4.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 13 addresses on Victoria Terrace, Dorking, RH4, Flat 3, 1, Victoria Terrace, Dorking comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £395k less expensive than the average property across the RH4 district.
From Flat 3, 1, Victoria Terrace, Dorking, the nearest station is Dorking West, 800 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, 1, Victoria Terrace, Dorking, 40.1% of property is privately rented and 21.4% 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 Flat 3, 1, Victoria Terrace, Dorking, 10.2% of residents are recorded as possessing school level qualifications and 42.7% 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 3, 1, Victoria Terrace, Dorking, the average age was 44.4 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 Flat 3, 1, Victoria Terrace, Dorking, 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 Flat 3, 1, Victoria Terrace, Dorking, 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.
