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According to the public record, 3, Mead Close, Redhill is a mid-century freehold house with 861 ft2 of internal area and sits on a 244 m2 plot.
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 3, Mead Close, Redhill is £428,570 and the estimated rental value is £2,038 per month.
Mead Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
3, Mead Close, Redhill has a single entry in the Land Registry from May 2019 and a single entry in the EPC database dated November 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.
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 3, Mead Close, Redhill is in very good condition we estimate a sale value of £449,998 and a rental value of £2,139 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,570 and a rental value of £1,895 per month.
Over the last 12 months the sale value of 3 Mead Close Redhill has decreased by an estimated £4,212 (1.0%) and its rental value has increased by an estimated £87 per month (4.3%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 3, Mead Close, Redhill sits on a plot of 244m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Mead Close, Redhill sits on the 2nd largest plot.
3, Mead Close, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 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, 3, Mead Close, Redhill was last sold on 17th May 2019 for £320,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 22.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Mead Close, Redhill within a radius of 520 metres over the last 2 years.
The most recent example is 27, South Mead, Redhill, RH1 2EL, a freehold house which sold for £455,200 on the 25th July 2024.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Close, Redhill, RH1 has a total of 10 addresses. According to our analysis of all the public data, 3, Mead Close, Redhill is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £27k less expensive than the average property in RH1.
The closest station to 3, Mead Close, Redhill is Redhill station which is 1.0 kilometres away.
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 3, Mead Close, Redhill, 28.5% of property is privately owned outright and 28.5% 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 3, Mead Close, Redhill, 21.6% 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 3, Mead Close, Redhill, the average age was 38.6 and the most common age was 37.
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 3, Mead Close, Redhill, 0.5% 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 3, Mead Close, Redhill, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
