1, Dean Lane
1, Dean Lane
Description & Estimates
1, Dean Lane, Redhill appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a period house with 1,155 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Dean Lane, Redhill is £783,733 and its rental estimate is £2,802 per month, given the available information and assuming reasonable condition.
Dean Lane, Merstham, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
1, Dean Lane, Redhill has a single entry in the Land Registry from December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 1, Dean Lane, Redhill, we estimate a market value of £822,920 and a rental value of £2,942 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £728,872 and £2,606 per month respectively.
Recent Market Change
Over the last year, 1, Dean Lane, Redhill has seen its estimated sale value fall by £9,489 (1.2%) and its estimated rental value move up by £125 per month (4.5%). This results in an estimated gross rental yield of 4.3%.
Sold Prices
The most recent sale of 1, Dean Lane, Redhill completed on 20th December 2021 at £700,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 33.8% over the period since December 2021.
- Sold Dec 2021£700,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Dean Lane, Redhill have sold within a radius of 2.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2024, was 9 Shabden Cottages, High Road, Coulsdon, CR5 3SE, a freehold house which sold for £765,000.
Read more about house prices in RH1.
- Sold Aug 2024£765,000 | 3 Bed House9 Shabden Cottages, High Road, Coulsdon, CR5 3SE9 Shabden Cottages, High Road, Coulsdon, CR5 3SE
- Sold Nov 2022£687,500 | 4 Bed House193, London Road North, Redhill, RH1 3BN193, London Road North, Redhill, RH1 3BN
- Sold Oct 2017£627,000 | 3 Bed HouseClover, Netherne Lane, Redhill, RH1 3AJClover, Netherne Lane, Redhill, RH1 3AJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on Dean Lane, Merstham, Redhill, RH1, 1, Dean Lane, Redhill comes out as the 10th largest and the 7th most expensive in our analysis of the public data.
It is also £330k more expensive than the average property across the RH1 district.
More reading links
Schools Nearby
- 2.5kmSt Peter and St Paul Church Primary School
- 2.8kmMerstham Primary School
- 2.9kmFurzefield Primary Academy
- 3.0kmOasis Academy Coulsdon
- 3.3kmMerstham Park School
- 4.4kmSt Bede's School
More reading links
Public Transport Nearby
From 1, Dean Lane, Redhill, the nearest station is Merstham, 2.5 kilometres away.
- 2.5kmMerstham
- 2.8kmChipstead
- 3.4kmCoulsdon South
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.
