Flat 7, Drapers Place 17
Flat 7, Drapers Place 17
Description & Estimates
According to the public record, Flat 7, Drapers Place 17, Godalming is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, Drapers Place 17, Godalming is £245,804 and the estimated rental value is £1,230 per month.
The apartment is within Drapers Place, Owen Road, Godalming, GU7.
Owen Road, Godalming, GU7 is located in the borough of Waverley within the GU7 postal district.
Our Data Sources
Flat 7, Drapers Place 17, Godalming has a single entry in the Land Registry from February 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
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 7, Drapers Place 17, Godalming is in very good condition we estimate a sale value of £258,094 and a rental value of £1,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,598 and a rental value of £1,144 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 7, Drapers Place 17, Godalming has dropped by £3,704 (1.5%), while its estimated rental value has risen by £55 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Energy Efficiency
Flat 7, 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
According to HM Land Registry, Flat 7, Drapers Place 17, Godalming was last sold on 24th February 2021 for £255,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2021, the market for similar properties has risen by 9.5%.
- Sold Feb 2021£255,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Drapers Place 17, Godalming within a radius of 490 metres over the last 2 years.
The most recent example is Flat 4, Drapers Place 17, Owen Road, Godalming, GU7 3FL, a leasehold flat which sold for £245,000 on the 5th November 2021.
Read more about house prices in GU7.
- Sold Nov 2021£245,000 | 2 Bed FlatDrapers Place 17, Owen RoadFlat 4, Drapers Place 17, Owen Road, Godalming, GU7 3FL
- Sold Apr 2021£250,000 | 2 Bed FlatDrapers Place 17, Owen RoadFlat 1, Drapers Place 17, Owen Road, Godalming, GU7 3FL
- Sold Mar 2021£270,000 | 2 Bed FlatDrapers Place 17, Owen RoadFlat 2, Drapers Place 17, Owen Road, Godalming, GU7 3FL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Owen Road, Godalming, GU7 has a total of 24 addresses. According to our analysis of all the public data, Flat 7, Drapers Place 17, Godalming is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £310k less expensive than the average property in GU7.
More reading links
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
The closest station to Flat 7, Drapers Place 17, Godalming is Farncombe station, which is 200 metres away.
- 200mFarncombe
- 1.4kmGodalming
- 3.4kmShalford (Surrey)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
