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According to the public record, 5, Reed Drive, Redhill is a modern freehold house with 1,420 ft2 of internal area and sits on a 136 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 5, Reed Drive, Redhill is £632,072 and the estimated rental value is £2,527 per month.
Reed Drive, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
5, Reed Drive, Redhill has 21 entries in the Land Registry , most recently in January 2010 and a single entry in the EPC database dated July 2020.
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.
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 5, Reed Drive, Redhill is in very good condition we estimate a sale value of £663,676 and a rental value of £2,653 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £587,827 and a rental value of £2,350 per month.
Over the last 12 months the sale value of 5 Reed Drive Redhill has decreased by an estimated £6,060 (1.0%) and its rental value has increased by an estimated £92 per month (3.6%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 5, Reed Drive, Redhill sits on a plot of 136m2.
We have plot size data on 11 out of 13 other houses in the postcode and 5, Reed Drive, Redhill sits on the 9th largest plot.
5, Reed Drive, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jul 2020.
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, 5, Reed Drive, Redhill was last sold on 29th January 2010 for £335,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2010, the market for similar properties has risen 101.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Reed Drive, Redhill within a radius of 850 metres over the last 2 years.
The most recent example is 45, Royal Earlswood Park, Redhill, RH1 6TJ, a freehold house which sold for £527,000 on the 6th November 2024.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Drive, Redhill, RH1 has a total of 67 addresses. According to our analysis of all the public data, 5, Reed Drive, Redhill is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £177k more expensive than the average property in RH1.
The closest station to 5, Reed Drive, Redhill is Earlswood (Surrey) station which is 600 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 5, Reed Drive, Redhill, 49.6% of property is privately owned with a mortgage and 30.1% is privately rented.
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 5, Reed Drive, Redhill, 16.1% of residents are recorded as possessing school level qualifications and 58.7% 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 5, Reed Drive, Redhill, the average age was 38.9 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 5, Reed Drive, Redhill, 0.6% 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 5, Reed Drive, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
