50, Garlands Road
50, Garlands Road
Description & Estimates
50, Garlands Road, Redhill is recorded publicly as a mid-century leasehold apartment across 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 50, Garlands Road, Redhill is £205,182 and its rental estimate is £1,002 per month, given the available information and assuming reasonable condition.
Garlands Road, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
50, Garlands Road, Redhill has 21 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated November 2020.
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.
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 50, Garlands Road, Redhill, we estimate a market value of £215,441 and a rental value of £1,052 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £190,819 and £932 per month respectively.
Recent Market Change
Over the last year, 50, Garlands Road, Redhill has seen its estimated sale value decline by £757 (0.4%) and its estimated rental value climb by £49 per month (4.9%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
50, Garlands Road, Redhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 50, Garlands Road, Redhill completed on 19th March 2021 at £165,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.1% over the period since March 2021.
- Sold Mar 2021£165,000
- Sold Jan 2006£118,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Garlands Road, Redhill have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 13th September 2024, was 58, Garlands Road, Redhill, RH1 6NT, a leasehold flat which sold for £180,000.
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
Of the 269 addresses on Garlands Road, Redhill, RH1, 50, Garlands Road, Redhill comes out as the 259th largest and the 207th most expensive in our analysis of the public data.
It is also £249k less expensive than the average property across the RH1 district.
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Schools Nearby
- 700mSt Joseph's Catholic Primary School
- 800mEarlswood Infant and Nursery School
- 800mHatchlands Primary
- 1.0kmCarrington School
- 1.6kmSt Bede's School
- 2.0kmReigate School
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Public Transport Nearby
From 50, Garlands Road, Redhill, the nearest station is Redhill, 600 metres away.
- 600mRedhill
- 1.0kmEarlswood (Surrey)
- 2.3kmReigate
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
