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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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Flat 4, Chestnut House 55, Guildford is recorded publicly as a modern leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Chestnut House 55, Guildford is £489,121 and its rental estimate is £1,895 per month, given the available information and assuming reasonable condition.
Chestnut House, Cranley Road is a residential building on Cranley Road, Guildford, GU1 and falls within the GU1 postal district and the borough of Guildford.
Flat 4, Chestnut House 55, Guildford has a single entry in the Land Registry from June 2020 and a single entry in the EPC database dated February 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 4, Chestnut House 55, Guildford, we estimate a market value of £513,577 and a rental value of £1,990 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £454,882 and £1,763 per month respectively.
Over the last year, Flat 4, Chestnut House 55, Guildford has seen its estimated sale value increase by £2,889 (0.6%) and its estimated rental value grow by £84 per month (4.4%). This results in an estimated gross rental yield of 4.6%.
Flat 4, Chestnut House 55, Guildford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump , electric.
The most recent sale of Flat 4, Chestnut House 55, Guildford completed on 30th June 2020 at £522,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.3% over the period since June 2020.
Over the past 2 years 3 properties similar to Flat 4, Chestnut House 55, Guildford have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th July 2023, was Flat 3, Chestnut House 55, Cranley Road, Guildford, GU1 2JW, a leasehold flat which sold for £445,000.
Read more about house prices in GU1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 119 addresses on Cranley Road, Guildford, GU1, Flat 4, Chestnut House 55, Guildford comes out as the 69th largest and the 50th most expensive in our analysis of the public data.
It is also £107k less expensive than the average property across the GU1 district.
From Flat 4, Chestnut House 55, Guildford, the nearest station is London Road (Guildford), 1.1 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 Flat 4, Chestnut House 55, Guildford, 34.7% of property is privately owned outright and 32.7% 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 4, Chestnut House 55, Guildford, 22.9% of residents are recorded as possessing school level qualifications and 66.6% 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 Flat 4, Chestnut House 55, Guildford, the average age was 42.1 and the most common age was 47.
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 4, Chestnut House 55, Guildford, 0.8% 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 4, Chestnut House 55, Guildford, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
