For sale Flat

48 GAINSBOROUGH COURT

WALTON-ON-THAMES, SURREY KT12 1NJ

2 beds 1 baths 678 sq ft Listed 13 May 2026 (-31d)

£350,000

Offers in Excess of

Reduced on 26 May 2026 · Was £365,000

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Property details

Tenure

LEASEHOLD (920 years remaining on lease)

Floor area

63 m²

Council tax band

D

EPC rating

C

Year built

England and Wales: 1976-1982

Last sold

£335,000 Nov 2019

Price per m²

£5,556/m²

Local average

£270,855 (+29.2%)

Deprivation

Decile 8 (23,751 of 33,755)

Street crime

125 incidents within 1 mile (Apr 2026)

Key features

  • Spacious top-floor apartment in highly regarded development
  • Two double bedrooms with built-in wardrobe space
  • Bright living/dining room with attractive Juliet balcony
  • Modern fitted kitchen with integrated appliances included
  • Garage, communal gardens, 920-year lease and fast Waterloo access

Additional details

Parking
Yes
Listed property
No
Restrictions
No
Required access
No
Rights of way
No
Flooded in last 5 years
No
Flood defences
No

Description

We are delighted to offer for sale this well presented, spacious top floor apartment situated in this highly regarded development and within a short walk of Walton mainline train station (fast train service 22 mins to Waterloo).
The apartment is smartly presented havening been redecorated with new carpets. It has a nice, bright feel and is well proportioned throughout. The accommodation comprises entrance hall with storage cupboard, large living/dining room with attractive Juliet balcony, modern fitted kitchen with
integrated appliances to include oven, hob, extractor and dishwasher. Both bedrooms are doubles and benefit from built-in wardrobe space. White bathroom suite with separate, refitted WC.
Externally the property enjoys beautifully tended communal gardens as well as a garage located close by and an outside storage cupboard.
The property has the added benefit of a long lease (920 years), double glazing and should be viewed to be fully appreciated.
Council Tax Band: D (Elmbridge); Length of Lease: 920 Years

Listed by

Walton-on-Thames

Martin Flashman & Co.

Reference: 88398744

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: C

Inspection date: 08/05/2026

Expiry date: 07/05/2036

Current heating cost: £382/year

Potential heating cost: £382/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

EPC Graphs

EPC 1

EPC 1

Price history

2% since 2015

Event Date Price % change
Listed for sale £350,000 +4.5%
Sold 19/11/2019 (6 years ago) £335,000 +2.4%
Sold 16/12/2015 (10 years ago) £327,000

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
CHILTON COURT 4 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NG £427,500 12/12/2025 Flat
101 FLAT 5 ASHLEY ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1HH £267,500 15/08/2025 Flat
9 RUSHMON GARDENS, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1QZ £255,000 11/12/2023 Flat
WATERLOO COURT FLAT 4 MAYFIELD ROAD, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5AD £240,000 08/12/2023 Flat
CHILTON COURT 23 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NG £350,000 13/10/2023 Flat
17 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU £265,000 29/09/2023 Flat
21 FLAT 4 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NF £535,000 28/09/2023 Flat
30 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU £280,000 17/08/2023 Flat
MOORLANDS FLAT 11 ASHLEY PARK ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1SG £266,250 04/08/2023 Flat
MOORLANDS FLAT 3 ASHLEY PARK ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1SG £238,479 05/06/2023 Flat
70 GAINSBOROUGH COURT, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NL £345,000 05/05/2023 Flat
3 ROYDON COURT, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5HZ £240,000 05/05/2023 Flat
26A ASHLEY PARK ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1JP £340,000 24/03/2023 Flat
28 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU £267,500 17/03/2023 Flat
101 FLAT 6 ASHLEY ROAD, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1HH £253,000 16/12/2022 Flat
OAKWOOD, 28 FLAT 5 ASHLEY RISE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1ND £299,000 16/12/2022 Flat
WATERLOO COURT FLAT 7 MAYFIELD ROAD, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5AD £162,500 01/12/2022 Flat
WATERLOO COURT FLAT 24 MAYFIELD ROAD, HERSHAM, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 5AD £250,000 21/10/2022 Flat
22 COLLINGWOOD PLACE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1LU £345,000 05/10/2022 Flat
CHILTON COURT 23 STATION AVENUE, WALTON-ON-THAMES, ELMBRIDGE, SURREY, KT12 1NG £410,000 27/09/2022 Flat

Area average: £301,836 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -8.1%
10y growth -26.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Elmbridge. Series: Flats and maisonettes. As of March 2026.

1y (index) -1.3%
5y (index) 4.4%
10y (index) 5.3%

Rental Range

Estimated market rent for Elmbridge. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,648/mo
Realistic £1,831/mo
Optimistic £2,014/mo

Based on Local Authority from postcode lookup → Elmbridge.

LHA (30th percentile) floor for Walton: £1,209/mo (Apr 2025 – Mar 2026)

Location

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Mayfield Road 0.1 miles
Shop The Chocolate Box 0.2 miles
Train station Walton-on-Thames 0.2 miles
Shop kia Motors UK 0.4 miles
Train station Hersham 1.3 miles
Hospital Cobham Day Surgery 2.7 miles
Hospital Leatherhead Clinic 6.8 miles
University Richmond American University London 10.4 miles
University University of West London 10.7 miles

Street-level crime

Category Count
Violence and sexual offences 49
Anti-social behaviour 15
Public order 15
Shoplifting 15
Other theft 11
Criminal damage and arson 5
Robbery 5
Drugs 4
Vehicle crime 3
Possession of weapons 2
Burglary 1
Total incidents 125

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Cleves School Primary 0.4 miles Outstanding — 21 Sep 2022
Walton Leigh School Other 0.5 miles Outstanding — 3 Mar 2014
Three Rivers Academy Secondary 0.6 miles (Inspected (no overall grade))
The Danesfield Manor School Other 0.7 miles (No rating)
Bell Farm Primary School Primary 0.8 miles Good — 22 Apr 2015

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Collingwood Place, KT12 £1,550/mo 2 0.22 miles OpenRent
2 Bed Flat, King Court, KT12 £2,950/mo 2 0.35 miles OpenRent
2 Bed Flat, Weybridge, KT13 £2,800/mo 2 0.43 miles OpenRent
2 Bed Flat, Hersham Road, KT12 £1,795/mo 2 0.5 miles OpenRent

Average rent: £2,274/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.66%
Max investor price (0.8%) £287,250
Target investor price (1%) £229,800
Gross yield 7.9%
Cost-to-rent ratio 12.7×
Monthly cashflow £665/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 7.9%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).