181, Garlands Road
181, Garlands Road
Description & Estimates
181, Garlands Road, Redhill is recorded publicly as a mid-century leasehold apartment across 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 181, Garlands Road, Redhill is £249,284 and its rental estimate is £1,391 per month, given the available information and assuming reasonable condition.
181, Garlands Road is a residential building on Garlands Road, Redhill, RH1 and falls within the RH1 postal district and the borough of Reigate and Banstead.
Our Data Sources
181, Garlands Road, Redhill has 21 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 181, Garlands Road, Redhill, we estimate a market value of £261,749 and a rental value of £1,461 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £231,835 and £1,294 per month respectively.
Recent Market Change
Over the last year, 181, Garlands Road, Redhill has seen its estimated sale value move down by £472 (0.2%) and its estimated rental value increase by £70 per month (5.0%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
181, Garlands Road, Redhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Jul 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 181, Garlands Road, Redhill completed on 20th June 2014 at £181,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 27.4% over the period since June 2014.
- Sold Jun 2014£181,000
- Sold May 2006£144,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 181, Garlands Road, Redhill have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th November 2023, was 35 Ridgeway Court, Ridgeway Road, Redhill, RH1 6PG, a leasehold flat which sold for £278,000.
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 269 addresses on Garlands Road, Redhill, RH1, 181, Garlands Road, Redhill comes out as the 148th largest and the 164th most expensive in our analysis of the public data.
It is also £205k less expensive than the average property across the RH1 district.
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Schools Nearby
- 600mEarlswood Infant and Nursery School
- 700mSt John's Primary School
- 800mHatchlands Primary
- 1.2kmCarrington School
- 1.8kmReigate School
- 1.8kmSt Bede's School
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Public Transport Nearby
From 181, Garlands Road, Redhill, the nearest station is Earlswood (Surrey), 800 metres away.
- 800mEarlswood (Surrey)
- 800mRedhill
- 2.3kmReigate
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.
