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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 44, Canalside, Redhill is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 229 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 44, Canalside, Redhill is £146,410 and the estimated rental value is £791 per month.
Canalside, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
44, Canalside, Redhill has a single entry in the Land Registry from November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 44, Canalside, Redhill is in very good condition we estimate a sale value of £153,731 and a rental value of £830 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £136,161 and a rental value of £736 per month.
Over the last 12 months the sale value of 44 Canalside Redhill has decreased by an estimated £386 (0.3%) and its rental value has increased by an estimated £36 per month (4.5%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 44, Canalside, Redhill was last sold on 13th November 2007 for £51,875 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2007, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Canalside, Redhill within a radius of 650 metres over the last 2 years.
The most recent example is 54, Canalside, Redhill, RH1 2NH, a leasehold flat which sold for £43,750 on the 18th September 2013.
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, 44, Canalside, Redhill is the 190th largest and the 190th most expensive property on the street.
When compared to the postcode district it is £309k less expensive than the average property in RH1.
The closest station to 44, 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 44, 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 44, 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 44, 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 44, 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 44, 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.
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