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According to the public record, 40, Brooklands Way, Redhill is a mid-century freehold house with 1,431 ft2 of internal area and sits on a 365 m2 plot.
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 40, Brooklands Way, Redhill is £618,052 and the estimated rental value is £2,623 per month.
Brooklands Way, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
40, Brooklands Way, Redhill has a single entry in the Land Registry from December 2015 and a single entry in the EPC database dated January 2022.
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.
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 40, Brooklands Way, Redhill is in very good condition we estimate a sale value of £648,955 and a rental value of £2,754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £574,788 and a rental value of £2,439 per month.
Over the last 12 months the sale value of 40 Brooklands Way Redhill has decreased by an estimated £5,926 (1.0%) and its rental value has increased by an estimated £95 per month (3.6%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 40, Brooklands Way, Redhill sits on a plot of 365m2.
We have plot size data on 31 out of 31 other houses in the postcode and 40, Brooklands Way, Redhill sits on the 25th largest plot.
40, Brooklands Way, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2022.
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, 40, Brooklands Way, Redhill was last sold on 17th December 2015 for £495,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2015, the market for similar properties has risen 19.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Brooklands Way, Redhill within a radius of 520 metres over the last 2 years.
The most recent example is 20, Coniston Way, Reigate, RH2 0LN, a freehold house which sold for £690,000 on the 21st February 2023.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brooklands Way, Redhill, RH1 has a total of 71 addresses. According to our analysis of all the public data, 40, Brooklands Way, Redhill is the 12th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £163k more expensive than the average property in RH1.
The closest station to 40, Brooklands Way, Redhill is Redhill station which is 900 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Brooklands Way, Redhill, 54.6% of property is privately owned outright and 40.5% 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 40, Brooklands Way, Redhill, 19.2% of residents are recorded as possessing school level qualifications and 50.2% 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 40, Brooklands Way, 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 40, Brooklands Way, Redhill, 1.6% 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 40, Brooklands Way, 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.
