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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Palmer Close, Redhill is £536,097 and the estimated rental value is £2,415 per month.
Palmer Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
3, Palmer Close, Redhill has 41 entries in the Land Registry , most recently in January 2025 and a single entry in the EPC database dated August 2024.
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 3, Palmer Close, Redhill is in very good condition we estimate a sale value of £562,902 and a rental value of £2,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,570 and a rental value of £2,246 per month.
Over the last 12 months the sale value of 3 Palmer Close Redhill has decreased by an estimated £5,140 (1.0%) and its rental value has increased by an estimated £88 per month (3.6%), giving an expected gross yield of 5.4%.
3, Palmer Close, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Aug 2024.
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, Palmer Close, Redhill was last sold on 30th January 2025 for £555,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2025, the market for similar properties has risen 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Palmer Close, Redhill within a radius of 610 metres over the last 2 years.
The most recent example is 25, Palmer Close, Redhill, RH1 4BU, a freehold house which sold for £575,000 on the 15th January 2025.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmer Close, Redhill, RH1 has a total of 39 addresses. According to our analysis of all the public data, 3, Palmer Close, Redhill is the 14th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in RH1.
The closest station to 3, Palmer Close, Redhill is Redhill station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 3, Palmer Close, Redhill, 55.5% of property is privately owned with a mortgage and 28.2% is privately owned outright.
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, Palmer Close, Redhill, 19.1% of residents are recorded as possessing school level qualifications and 52.7% 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, Palmer Close, 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 3, Palmer Close, Redhill, 3.0% 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 3, Palmer Close, Redhill, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.