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Apartments of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Downside 38, Woking is £393,172 and the estimated rental value is £1,809 per month.
The apartment is within Downside, Park Road, Woking, GU22.
Park Road, Woking, GU22 is located in the borough of Woking within the GU22 postal district.
Flat 4, Downside 38, Woking has 51 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated May 2022.
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 Flat 4, Downside 38, Woking is in very good condition we estimate a sale value of £412,831 and a rental value of £1,899 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,650 and a rental value of £1,682 per month.
Over the last 12 months the sale value of Flat 4 Downside 38 Woking has decreased by an estimated £3,310 (0.8%) and its rental value has increased by an estimated £51 per month (2.8%), giving an expected gross yield of 5.5%.
Flat 4, Downside 38, Woking has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 4, Downside 38, Woking was last sold on 7th December 2022 for £536,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since December 2022, the market for similar properties has dropped 4.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Downside 38, Woking within a radius of 630 metres over the last 2 years.
The most recent example is Flat 1, Ashwood Grange, Heathfield Road, Woking, GU22 7JJ, a leasehold flat which sold for £440,000 on the 15th February 2024.
Read more about house prices in GU22.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, Woking, GU22 has a total of 110 addresses. According to our analysis of all the public data, Flat 4, Downside 38, Woking is the 86th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in GU22.
The closest station to Flat 4, Downside 38, Woking is Woking station which is 600 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Downside 38, Woking, 35.2% of property is privately owned outright and 34.1% is privately rented.
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, Downside 38, Woking, 17.2% of residents are recorded as possessing school level qualifications and 54.9% 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, Downside 38, Woking, the average age was 42.9 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 4, Downside 38, Woking, 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, Downside 38, Woking, 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.