Flat 5, Oaklands
Flat 5, Oaklands
Description & Estimates
Flat 5, Oaklands, Cranleigh is recorded publicly as a mid-century 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 5, Oaklands, Cranleigh is £387,258 and its rental estimate is £1,440 per month, given the available information and assuming reasonable condition.
Oaklands, Knowle Lane is a residential building on Knowle Lane, Cranleigh, GU6 and falls within the GU6 postal district and the borough of Waverley.
Our Data Sources
Flat 5, Oaklands, Cranleigh has a single entry in the Land Registry from April 2014 and a single entry in the EPC database dated March 2016.
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.
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 5, Oaklands, Cranleigh, we estimate a market value of £406,621 and a rental value of £1,512 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £360,150 and £1,339 per month respectively.
Recent Market Change
Over the last year, Flat 5, Oaklands, Cranleigh has seen its estimated sale value fall by £4,143 (1.1%) and its estimated rental value move up by £63 per month (4.3%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
Flat 5, Oaklands, Cranleigh has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 5, Oaklands, Cranleigh completed on 30th April 2014 at £300,000 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 17.9% over the period since April 2014.
- Sold Apr 2014£300,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 5, Oaklands, Cranleigh have sold within a radius of 970 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2016, was Flat 3, Oaklands, Knowle Lane, Cranleigh, GU6 8JN, a leasehold flat which sold for £420,000.
Read more about house prices in GU6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 119 addresses on Knowle Lane, Cranleigh, GU6, Flat 5, Oaklands, Cranleigh comes out as the 99th largest and the 108th most expensive in our analysis of the public data.
It is also £208k less expensive than the average property across the GU6 district.
More reading links
Schools Nearby
- 1.1kmSt Cuthbert Mayne Catholic Primary School
- 1.2kmCranleigh Church of England Primary School
- 1.6kmPark Mead Primary
- 1.1kmGlebelands School
- 10.5kmBroadwater School
- 11.6kmRodborough
More reading links
Public Transport Nearby
From Flat 5, Oaklands, Cranleigh, the nearest station is Chilworth, 9.4 kilometres away.
- 9.4kmChilworth
- 10.1kmGomshall
- 10.5kmShalford (Surrey)
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
