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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 15, Devon Road, Redhill is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 2,363 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Devon Road, Redhill is £893,925 and the estimated rental value is £3,352 per month.
Devon Road, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
15, Devon Road, Redhill has a single entry in the Land Registry from September 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 5 out of 5 and is considered of high accuracy.
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 15, Devon Road, Redhill is in very good condition we estimate a sale value of £938,622 and a rental value of £3,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £831,351 and a rental value of £3,117 per month.
Over the last 12 months the sale value of 15 Devon Road Redhill has decreased by an estimated £13,563 (1.5%) and its rental value has increased by an estimated £100 per month (3.0%), giving an expected gross yield of 4.5%.
According to HM Land Registry, 15, Devon Road, Redhill was last sold on 7th September 2021 for £1,000,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2021, the market for similar properties has risen 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Devon Road, Redhill within a radius of 600 metres over the last 2 years.
The most recent example is 81, London Road South, Redhill, RH1 3AX, a freehold house which sold for £820,000 on the 18th August 2023.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devon Road, Merstham, Redhill, RH1 has a total of 33 addresses. According to our analysis of all the public data, 15, Devon Road, Redhill is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £439k more expensive than the average property in RH1.
The closest station to 15, Devon Road, Redhill is Merstham station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 15, Devon Road, Redhill, 52.9% of property is privately owned outright and 38.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 15, Devon Road, Redhill, 19.4% of residents are recorded as possessing school level qualifications and 44.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 15, Devon Road, Redhill, the average age was 37.2 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 15, Devon Road, Redhill, 1.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 15, Devon Road, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
