5, Empire Villas
5, Empire Villas
Description & Estimates
Public records show 5, Empire Villas, Redhill to be an early-century freehold house with 1,130 ft2 of internal area, sitting on a 318 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
5, Empire Villas, Redhill has an estimated sale value of £483,893 and an estimated rental value of £2,238 per month, assuming reasonable condition and based on the information available.
Empire Villas, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
5, Empire Villas, Redhill has 2 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 5, Empire Villas, Redhill would be worth £508,087, with a potential rental value of £2,350 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £450,020, with a rental value of £2,082 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 5, Empire Villas, Redhill has fallen by £5,859 (1.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £100 (4.5%). The property's estimated gross yield is currently 5.6%.
Plot Size
5, Empire Villas, Redhill occupies a 318 m2 plot as recorded by HM Land Registry.
Of the 11 other houses in this postcode, 9 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
5, Empire Villas, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Empire Villas, Redhill last changed hands on 22nd December 2015, selling for £349,950. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 27.5% since December 2015.
- Sold Dec 2015£349,950
- Sold May 2008£250,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of 5, Empire Villas, Redhill across the last 2 years.
Most recently, 19, Pear Tree Hill, Redhill, RH1 5EG, a freehold house, sold at £475,000 on the 10th March 2023.
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 5, Empire Villas, Redhill as the 5th largest and the 5th most expensive of the 11 addresses on Empire Villas, Redhill, RH1.
Against the RH1 postcode district average, it is £30k more expensive than the typical property.
More reading links
Schools Nearby
- 1.2kmMeath Green Infant School
- 1.4kmTrinity Oaks Church of England Primary School
- 1.4kmMeath Green Junior School
- 2.2kmOakwood School
- 4.2kmReigate School
- 5.5kmCarrington School
More reading links
Public Transport Nearby
Salfords (Surrey) station is the nearest stop to 5, Empire Villas, Redhill at 1.0 kilometres away.
- 1.0kmSalfords (Surrey)
- 2.6kmHorley
- 3.9kmEarlswood (Surrey)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
