104, Spencer Way
104, Spencer Way
Description & Estimates
104, Spencer Way, Redhill is recorded publicly as a mid-century freehold house across 764 ft2 of internal area, sitting on a 142 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 104, Spencer Way, Redhill is £379,858 and its rental estimate is £1,908 per month, given the available information and assuming reasonable condition.
Spencer Way, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
104, Spencer Way, Redhill has a single entry in the Land Registry from September 2024 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 104, Spencer Way, Redhill, we estimate a market value of £398,851 and a rental value of £2,003 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £353,268 and £1,774 per month respectively.
Recent Market Change
Over the last year, 104, Spencer Way, Redhill has seen its estimated sale value decrease by £4,599 (1.2%) and its estimated rental value grow by £85 per month (4.5%). This results in an estimated gross rental yield of 6.0%.
Plot Size
HM Land Registry records the plot of land for 104, Spencer Way, Redhill as measuring 142 m2.
That makes it the 20th largest plot in the postcode, where all 31 other houses have recorded plot data.
Energy Efficiency
104, Spencer Way, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
The most recent sale of 104, Spencer Way, Redhill completed on 26th September 2024 at £376,000 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 risen by 22.1% over the period since September 2024.
- Sold Sep 2024£376,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 104, Spencer Way, Redhill have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th October 2024, was 5, Greenwood Drive, Redhill, RH1 5PH, a freehold house which sold for £395,000.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 93 addresses on Spencer Way, Redhill, RH1, 104, Spencer Way, Redhill comes out as the 66th largest and the 44th most expensive in our analysis of the public data.
It is also £74k less expensive than the average property across the RH1 district.
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Schools Nearby
- 600mSalfords Primary School and Nursery
- 1.7kmEarlswood Junior School
- 1.8kmEarlswood Infant and Nursery School
- 2.3kmReigate School
- 3.2kmCarrington School
- 4.1kmSt Bede's School
More reading links
Public Transport Nearby
From 104, Spencer Way, Redhill, the nearest station is Salfords (Surrey), 1.3 kilometres away.
- 1.3kmSalfords (Surrey)
- 1.6kmEarlswood (Surrey)
- 2.6kmNutfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
