40, Waterslade
40, Waterslade
Description & Estimates
Public records show 40, Waterslade, Redhill to be a modern leasehold apartment with 441 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
40, Waterslade, Redhill has an estimated sale value of £215,483 and an estimated rental value of £1,135 per month, assuming reasonable condition and based on the information available.
Waterslade, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
40, Waterslade, Redhill has 41 entries in the Land Registry , most recently in October 2025 and a single entry in the EPC database dated February 2025.
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.
Price Range & Condition
In very good condition, we estimate 40, Waterslade, Redhill would be worth £226,257, with a potential rental value of £1,192 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £200,399, with a rental value of £1,056 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 40, Waterslade, Redhill has decreased by £795 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £56 (4.9%). The property's estimated gross yield is currently 6.3%.
Energy Efficiency
40, Waterslade, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Feb 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
40, Waterslade, Redhill last changed hands on 13th October 2025, selling for £220,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 4.6% since October 2025.
- Sold Oct 2025£220,000
- Sold Jun 2013£165,000
- Sold Aug 2003£134,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of 40, Waterslade, Redhill across the last 2 years.
Most recently, Flat 9, Beech House 17, Elm Road, Redhill, RH1 6AJ, a leasehold flat, sold at £210,000 on the 27th November 2025.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 40, Waterslade, Redhill as the 41st largest and the 41st most expensive of the 56 addresses on Waterslade, Redhill, RH1.
Against the RH1 postcode district average, it is £238k less expensive than the typical property.
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Schools Nearby
- 300mHatchlands Primary
- 400mSt Joseph's Catholic Primary School
- 700mWray Common Primary School
- 1.3kmCarrington School
- 1.4kmSt Bede's School
- 1.8kmReigate School
More reading links
Public Transport Nearby
Redhill station is the nearest stop to 40, Waterslade, Redhill at 900 metres away.
- 900mRedhill
- 1.2kmEarlswood (Surrey)
- 1.9kmReigate
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
