112, Spencer Way
112, Spencer Way
Description & Estimates
According to the public record, 112, Spencer Way, Redhill is a mid-century freehold house with 753 ft2 of internal area and sits on a 149 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 112, Spencer Way, Redhill is £377,066 and the estimated rental value is £1,896 per month.
Spencer Way, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Our Data Sources
112, Spencer Way, Redhill has 61 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated September 2014.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 112, Spencer Way, Redhill is in very good condition we estimate a sale value of £395,919 and a rental value of £1,991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £350,671 and a rental value of £1,763 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 112, Spencer Way, Redhill has fallen by £4,565 (1.2%), while its estimated rental value has moved up by £85 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Plot Size
According to data from HM Land Registry, 112, Spencer Way, Redhill sits on a plot of 149 m2.
We have plot size data on 31 out of 31 other houses in the postcode and 112, Spencer Way, Redhill sits on the 17th largest plot.
Energy Efficiency
112, Spencer Way, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
Sold Prices
According to HM Land Registry, 112, Spencer Way, Redhill was last sold on 29th February 2024 for £360,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since February 2024, the market for similar properties has risen by 24.0%.
- Sold Feb 2024£360,000
- Sold Dec 2019£312,500
- Sold Nov 2013£180,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 112, Spencer Way, Redhill within a radius of 830 metres over the last 2 years.
The most recent example is 5, Greenwood Drive, Redhill, RH1 5PH, a freehold house which sold for £395,000 on the 25th October 2024.
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
Spencer Way, Redhill, RH1 has a total of 93 addresses. According to our analysis of all the public data, 112, Spencer Way, Redhill is the 68th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £77k less expensive than the average property in RH1.
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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
The closest station to 112, Spencer Way, Redhill is Salfords (Surrey) station, which is 1.3 kilometres away.
- 1.3kmSalfords (Surrey)
- 1.6kmEarlswood (Surrey)
- 2.6kmNutfield
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
