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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Canalside, Redhill is £265,550 and the estimated rental value is £1,405 per month.
Canalside, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
42, Canalside, Redhill has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated January 2018.
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 42, Canalside, Redhill is in very good condition we estimate a sale value of £278,827 and a rental value of £1,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,961 and a rental value of £1,306 per month.
Over the last 12 months the sale value of 42 Canalside Redhill has decreased by an estimated £521 (0.2%) and its rental value has increased by an estimated £67 per month (4.8%), giving an expected gross yield of 6.3%.
42, Canalside, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jan 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, 42, Canalside, Redhill was last sold on 29th June 2018 for £66,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Canalside, Redhill within a radius of 650 metres over the last 2 years.
The most recent example is 56, Canalside, Redhill, RH1 2NH, a leasehold flat which sold for £262,500 on the 12th February 2026.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Canalside, Redhill, RH1 has a total of 199 addresses. According to our analysis of all the public data, 42, Canalside, Redhill is the 87th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £190k less expensive than the average property in RH1.
The closest station to 42, Canalside, Redhill is Merstham station which is 1.4 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 42, Canalside, Redhill, 41.4% of property is privately owned with a mortgage and 24.2% is shared ownership.
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 42, Canalside, Redhill, 14.7% of residents are recorded as possessing school level qualifications and 56.2% 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 42, Canalside, 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 42, Canalside, Redhill, 0.0% 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 42, Canalside, 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.