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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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29, High Street, Redhill is recorded publicly as a period leasehold apartment across 1,011 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 29, High Street, Redhill is £435,959 and its rental estimate is £1,876 per month, given the available information and assuming reasonable condition.
High Street, Merstham, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
29, High Street, Redhill has 2 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated August 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.
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 29, High Street, Redhill, we estimate a market value of £457,757 and a rental value of £1,970 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £405,442 and £1,745 per month respectively.
Over the last year, 29, High Street, Redhill has seen its estimated sale value move up by £1,193 (0.3%) and its estimated rental value increase by £104 per month (5.5%). This results in an estimated gross rental yield of 5.2%.
29, High Street, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2018.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 29, High Street, Redhill completed on 1st September 2023 at £430,000 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 22.5% over the period since September 2023.
Over the past 2 years 3 properties have sold within 930 metres of 29, High Street, Redhill, per the Land Registry and our network of Estate Agents.
The latest, on the 29th May 2019, was 31, High Street, Redhill, RH1 3BA, a freehold house which sold for £585,000.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on High Street, Merstham, Redhill, RH1, 29, High Street, Redhill comes out as the 7th largest and the 12th most expensive in our analysis of the public data.
It is also £18k less expensive than the average property across the RH1 district.
From 29, High Street, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 29, High Street, Redhill, 34.6% of property is privately rented and 28.1% 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 29, High Street, Redhill, 15.8% of residents are recorded as possessing school level qualifications and 35.6% 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 29, High Street, 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 29, High Street, Redhill, 1.0% 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 29, High Street, Redhill, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
