Flat 4, Drapers Place 17
Flat 4, Drapers Place 17
Description & Estimates
Flat 4, Drapers Place 17, Godalming is recorded publicly as a modern leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, Drapers Place 17, Godalming is £248,415 and its rental estimate is £1,240 per month, given the available information and assuming reasonable condition.
Drapers Place, Owen Road is a residential building on Owen Road, Godalming, GU7 and falls within the GU7 postal district and the borough of Waverley.
Our Data Sources
Flat 4, Drapers Place 17, Godalming has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated April 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Drapers Place 17, Godalming, we estimate a market value of £260,835 and a rental value of £1,302 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,026 and £1,153 per month respectively.
Recent Market Change
Over the last year, Flat 4, Drapers Place 17, Godalming has seen its estimated sale value move down by £3,744 (1.5%) and its estimated rental value increase by £56 per month (4.5%). This results in an estimated gross rental yield of 6.0%.
Energy Efficiency
Flat 4, Drapers Place 17, Godalming has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Apr 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump , electric.
Sold Prices
The most recent sale of Flat 4, Drapers Place 17, Godalming completed on 5th November 2021 at £245,000 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 risen by 7.1% over the period since November 2021.
- Sold Nov 2021£245,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, Drapers Place 17, Godalming have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th December 2024, was Flat 6, Sun House 10, Farncombe Street, Godalming, GU7 3AY, a leasehold flat which sold for £198,000.
Read more about house prices in GU7.
- Sold Dec 2024£198,000 | 2 Bed FlatSun House 10, Farncombe StreetFlat 6, Sun House 10, Farncombe Street, Godalming, GU7 3AY
- Sold Apr 2021£250,000 | 2 Bed FlatDrapers Place 17, Owen RoadFlat 1, Drapers Place 17, Owen Road, Godalming, GU7 3FL
- Sold Feb 2021£255,000 | 2 Bed FlatDrapers Place 17, Owen RoadFlat 7, Drapers Place 17, Owen Road, Godalming, GU7 3FL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 24 addresses on Owen Road, Godalming, GU7, Flat 4, Drapers Place 17, Godalming comes out as the 21st largest and the 21st most expensive in our analysis of the public data.
It is also £308k less expensive than the average property across the GU7 district.
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Schools Nearby
- 200mFarncombe Church of England Infant School
- 500mGodalming Junior School
- 1.2kmLoseley Fields Primary School
- 1.1kmBroadwater School
- 4.5kmGuildford County School
- 4.7kmRodborough
More reading links
Public Transport Nearby
From Flat 4, Drapers Place 17, Godalming, the nearest station is Farncombe, 200 metres away.
- 200mFarncombe
- 1.4kmGodalming
- 3.4kmShalford (Surrey)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
