5, Somerset Gardens
5, Somerset Gardens
Description & Estimates
5, Somerset Gardens, Redhill is recorded publicly as a modern freehold house across 1,442 ft2 of internal area, sitting on a 197 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Somerset Gardens, Redhill is £735,493 and its rental estimate is £2,726 per month, given the available information and assuming reasonable condition.
Somerset Gardens, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
5, Somerset Gardens, Redhill has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated August 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 5, Somerset Gardens, Redhill, we estimate a market value of £772,268 and a rental value of £2,862 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £684,009 and £2,535 per month respectively.
Recent Market Change
Over the last year, 5, Somerset Gardens, Redhill has seen its estimated sale value move down by £10,845 (1.5%) and its estimated rental value increase by £108 per month (4.0%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 5, Somerset Gardens, Redhill as measuring 197 m2.
That makes it the 8th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
5, Somerset Gardens, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Aug 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Somerset Gardens, Redhill completed on 22nd August 2014 at £635,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 23.4% over the period since August 2014.
- Sold Aug 2014£635,000
- Sold Mar 1997£204,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Somerset Gardens, Redhill have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2021, was 48, Cronks Hill Road, Redhill, RH1 6LZ, a freehold house which sold for £725,000.
Read more about house prices in RH1.
- Sold Aug 2021£725,000 | 4 Bed House48, Cronks Hill Road, Redhill, RH1 6LZ48, Cronks Hill Road, Redhill, RH1 6LZ
- Sold Mar 2021£645,000 | 4 Bed House9, Somerset Gardens, Redhill, RH1 6SE9, Somerset Gardens, Redhill, RH1 6SE
- Sold Jan 2016£580,000 | 4 Bed House8, Somerset Gardens, Redhill, RH1 6SE8, Somerset Gardens, Redhill, RH1 6SE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 11 addresses on Somerset Gardens, Redhill, RH1, 5, Somerset Gardens, Redhill comes out as the 10th largest and the 10th most expensive in our analysis of the public data.
It is also £282k more expensive than the average property across the RH1 district.
More reading links
Schools Nearby
- 700mReigate Parish Church Primary School
- 700mSt John's Primary School
- 1.2kmHatchlands Primary
- 600mReigate School
- 2.5kmCarrington School
- 2.5kmSt Bede's School
More reading links
Public Transport Nearby
From 5, Somerset Gardens, Redhill, the nearest station is Earlswood (Surrey), 1.3 kilometres away.
- 1.3kmEarlswood (Surrey)
- 1.7kmReigate
- 2.0kmRedhill
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
