53, Waterslade
53, Waterslade
Description & Estimates
53, Waterslade, Redhill is recorded publicly as a modern leasehold apartment across 516 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 53, Waterslade, Redhill is £238,878 and its rental estimate is £1,281 per month, given the available information and assuming reasonable condition.
Waterslade, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
53, Waterslade, Redhill has 31 entries in the Land Registry , most recently in January 2007 and a single entry in the EPC database dated July 2023.
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 53, Waterslade, Redhill, we estimate a market value of £250,822 and a rental value of £1,345 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £222,156 and £1,192 per month respectively.
Recent Market Change
Over the last year, 53, Waterslade, Redhill has seen its estimated sale value decrease by £452 (0.2%) and its estimated rental value grow by £64 per month (5.0%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
53, Waterslade, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 53, Waterslade, Redhill completed on 29th January 2007 at £161,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 44.6% over the period since January 2007.
- Sold Jan 2007£161,000
- Sold Feb 1999£69,950
- Sold Jan 1997£53,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 53, Waterslade, Redhill have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th March 2024, was 33, Waterslade, Redhill, RH1 6AS, a leasehold flat which sold for £230,000.
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 56 addresses on Waterslade, Redhill, RH1, 53, Waterslade, Redhill comes out as the 27th largest and the 27th most expensive in our analysis of the public data.
It is also £215k less expensive than the average property across the RH1 district.
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Schools Nearby
- 300mHatchlands Primary
- 400mSt Joseph's Catholic Primary School
- 700mWray Common Primary School
- 1.3kmCarrington School
- 1.4kmSt Bede's School
- 1.8kmReigate School
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Public Transport Nearby
From 53, Waterslade, Redhill, the nearest station is Redhill, 900 metres away.
- 900mRedhill
- 1.2kmEarlswood (Surrey)
- 1.9kmReigate
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.
