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Bricks&Logic is a trading name of Urban Markets Ltd
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, 2, Burrage Road, Redhill is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Burrage Road, Redhill is £341,689 and the estimated rental value is £1,414 per month.
Burrage Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
2, Burrage Road, Redhill has a single entry in the Land Registry from June 2007 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Burrage Road, Redhill is in very good condition we estimate a sale value of £358,773 and a rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,771 and a rental value of £1,315 per month.
Over the last 12 months the sale value of 2 Burrage Road Redhill has decreased by an estimated £671 (0.2%) and its rental value has increased by an estimated £68 per month (4.8%), giving an expected gross yield of 5%.
2, Burrage Road, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Burrage Road, Redhill was last sold on 29th June 2007 for £225,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2007, the market for similar properties has risen 30.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Burrage Road, Redhill within a radius of 540 metres over the last 2 years.
The most recent example is Flat 28, Holmesdale Manor 89, Ladbroke Road, Redhill, RH1 1NX, a leasehold flat which sold for £325,000 on the 8th October 2024.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burrage Road, Redhill, RH1 has a total of 72 addresses. According to our analysis of all the public data, 2, Burrage Road, Redhill is the 40th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in RH1.
The closest station to 2, Burrage Road, Redhill is Redhill station which is 800 metres away.
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.
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 2, Burrage Road, Redhill, 29.3% of property is privately owned with a mortgage and 28.3% is socially rented.
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 2, Burrage Road, Redhill, 22.3% of residents are recorded as possessing school level qualifications and 46.3% 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 2, Burrage Road, Redhill, the average age was 36.3 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 2, Burrage Road, Redhill, 0.0% 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 2, Burrage Road, Redhill, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
