2 Michael Lane

    2, MICHAEL LANE, GUILDFORD, GU2 9LB

    This semi-detached freehold property on Michael Lane last sold in March 2021 for £460,000. Based on price growth in the GU2 district since then, its estimated current value is £489,318 — placing it in the 78th percentile nationally and the 52nd percentile within GU2. The property covers 93 m² (1,001 sq ft), giving an estimated value of £5,261 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £460,000

    Mar 2021

    Estimated Valuation

    £489,318

    Est. £/sq ft

    £489/sq ft

    £5,261/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,001 sq ft (93 m²)
    EPC dateNov 2024
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2021

    £460,000

    22 Jul 2016

    £435,000

    13 Apr 2012

    £325,000

    19 Jul 2007

    £312,500

    21 Dec 2006

    £325,000

    28 Jul 2005

    £270,000

    Key Metrics

    Estimated valuation£489,318
    Value per sq ft / m²£489/sq ft (£5,261/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GU2 district percentile52nd percentile
    National percentile78th percentile

    District Context — GU2

    GU2 covers Guildford town centre and surrounding inner urban areas in Surrey, positioned in the heart of the South East. It is a vibrant, mixed-tenure locality with a notably youthful demographic and a professional, tertiary-education-focused employment base.

    Average Property Price - GU2

    £520,958

    83

    National percentile

    Average Net Household Income - GU2

    £48,929

    86

    National percentile

    10-Year Annualised Price Growth - GU2

    2.5%

    16

    National percentile

    10-Year Annualised Rent Growth - GU

    3.1%

    7

    National percentile

    View full analysis for GU2

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