52, Mill Lane
52, Mill Lane
Description & Estimates
According to the public record, 52, Mill Lane, Redhill is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 52, Mill Lane, Redhill is £253,998 and the estimated rental value is £1,283 per month.
Mill Lane, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Our Data Sources
52, Mill Lane, Redhill has 2 entries in the Land Registry , most recently in February 2025 and a single entry in the EPC database dated February 2024.
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
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 52, Mill Lane, Redhill is in very good condition we estimate a sale value of £266,698 and a rental value of £1,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £236,218 and a rental value of £1,193 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 52, Mill Lane, Redhill has fallen by £481 (0.2%), while its estimated rental value has moved up by £64 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Energy Efficiency
52, Mill Lane, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 52, Mill Lane, Redhill was last sold on 12th February 2025 for £260,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2025, the market for similar properties has dropped by 9.6%.
- Sold Feb 2025£260,000
- Sold Oct 2007£175,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 52, Mill Lane, Redhill within a radius of 790 metres over the last 2 years.
The most recent example is 46, Mill Lane, Redhill, RH1 3HQ, a leasehold flat which sold for £300,350 on the 18th September 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
Mill Lane, Merstham, Redhill, RH1 has a total of 36 addresses. According to our analysis of all the public data, 52, Mill Lane, Redhill is the 27th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in RH1.
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Schools Nearby
- 1.0kmLime Tree Primary School and Nursery
- 1.2kmMerstham Primary School
- 1.2kmFurzefield Primary Academy
- 600mMerstham Park School
- 1.5kmCarrington School
- 2.0kmSt Bede's School
More reading links
Public Transport Nearby
The closest station to 52, Mill Lane, Redhill is Merstham station, which is 1.4 kilometres away.
- 1.4kmMerstham
- 1.9kmRedhill
- 2.9kmNutfield
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
