22 Michael Lane

    22, MICHAEL LANE, GUILDFORD, GU2 9LB

    This detached freehold property on Michael Lane last sold in September 2018 for £500,000. Based on price growth in the GU2 district since then, its estimated current value is £552,016 — placing it in the 83rd percentile nationally and the 66th percentile within GU2. The property covers 123 m² (1,324 sq ft), giving an estimated value of £4,488 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,324 sq ft

    123 m²

    Last Sale Price

    £500,000

    Sept 2018

    Estimated Valuation

    £552,016

    Est. £/sq ft

    £417/sq ft

    £4,488/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,324 sq ft (123 m²)
    EPC dateApr 2018
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 Sept 2018

    £500,000

    17 Dec 2004

    New build

    £350,000

    Key Metrics

    Estimated valuation£552,016
    Value per sq ft / m²£417/sq ft (£4,488/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    GU2 district percentile66th percentile
    National percentile83rd 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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