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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 2, Chestnut Close, Redhill is £276,629 and the estimated rental value is £1,460 per month.
Chestnut Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
2, Chestnut Close, Redhill has 31 entries in the Land Registry , most recently in October 2018 and a single entry in the EPC database dated January 2018.
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.
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, Chestnut Close, Redhill is in very good condition we estimate a sale value of £290,460 and a rental value of £1,533 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,265 and a rental value of £1,358 per month.
Over the last 12 months the sale value of 2 Chestnut Close Redhill has decreased by an estimated £2,718 (1.0%) and its rental value has increased by an estimated £62 per month (4.3%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, Chestnut Close, Redhill sits on a plot of 85m2.
We have plot size data on 4 out of 8 other houses in the postcode and 2, Chestnut Close, Redhill sits on the largest plot.
2, Chestnut Close, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2018.
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, Chestnut Close, Redhill was last sold on 29th October 2018 for £275,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2018, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chestnut Close, Redhill within a radius of 870 metres over the last 2 years.
The most recent example is 9, Willow Walk, Redhill, RH1 6RP, a freehold house which sold for £325,000 on the 21st January 2025.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Close, Redhill, RH1 has a total of 8 addresses. According to our analysis of all the public data, 2, Chestnut Close, Redhill is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in RH1.
The closest station to 2, Chestnut Close, Redhill is Earlswood (Surrey) 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Chestnut Close, Redhill, 74.4% of property is privately owned outright and 17.1% 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 2, Chestnut Close, Redhill, 6.9% of residents are recorded as possessing school level qualifications and 36.7% 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, Chestnut Close, Redhill, the average age was 38.9 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, Chestnut Close, 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, Chestnut Close, 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.