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Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 26, School Hill, Redhill is £416,004 and its rental estimate is £1,874 per month, given the available information and assuming reasonable condition.
School Hill, Merstham, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
26, School Hill, Redhill has 51 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated May 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 26, School Hill, Redhill, we estimate a market value of £436,804 and a rental value of £1,968 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,884 and £1,743 per month respectively.
Over the last year, 26, School Hill, Redhill has seen its estimated sale value decrease by £5,037 (1.2%) and its estimated rental value grow by £84 per month (4.5%). This results in an estimated gross rental yield of 5.4%.
HM Land Registry records the plot of land for 26, School Hill, Redhill as measuring 194 m2.
That makes it the 6th largest plot in the postcode, where 8 of the 15 other houses have recorded plot data.
26, School Hill, Redhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 May 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 26, School Hill, Redhill completed on 4th July 2023 at £410,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 0.2% over the period since July 2023.
Over the past 2 years 3 properties similar to 26, School Hill, Redhill have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2021, was 20, School Hill, Redhill, RH1 3EG, a freehold house which sold for £415,000.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 21 addresses on School Hill, Merstham, Redhill, RH1, 26, School Hill, Redhill comes out as the 12th largest and the 11th most expensive in our analysis of the public data.
It is also £38k less expensive than the average property across the RH1 district.
From 26, School Hill, Redhill, the nearest station is Merstham, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 26, School Hill, Redhill, 35.2% of property is privately owned with a mortgage and 28.8% is privately 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 26, School Hill, Redhill, 18.7% of residents are recorded as possessing school level qualifications and 40.3% 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 26, School Hill, Redhill, the average age was 41.7 and the most common age was 12.
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 26, School Hill, 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 26, School Hill, Redhill, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.