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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 54, Reed Drive, Redhill is a modern house with 3,692 ft2 of internal area and sits on a 837 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 54, Reed Drive, Redhill is £1,489,292 and the estimated rental value is £5,115 per month.
Reed Drive, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
54, Reed Drive, Redhill has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 54, Reed Drive, Redhill is in very good condition we estimate a sale value of £1,563,756 and a rental value of £5,371 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,385,041 and a rental value of £4,757 per month.
Over the last 12 months the sale value of 54 Reed Drive Redhill has decreased by an estimated £32,583 (2.2%) and its rental value has increased by an estimated £150 per month (2.9%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 54, Reed Drive, Redhill sits on a plot of 837m2.
We have plot size data on 24 out of 24 other houses in the postcode and 54, Reed Drive, Redhill sits on the 6th largest plot.
54, Reed Drive, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 2023.
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, 54, Reed Drive, Redhill was last sold on 17th March 2006 for £495,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 890 metres radius of 54, Reed Drive, Redhill over the last 2 years.
The most recent example is 1, Palmerston Close, Redhill, RH1 6TQ, a freehold house which sold for £740,000 on the 4th September 2015.
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, 54, Reed Drive, Redhill is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £1.035m more expensive than the average property in RH1.
The closest station to 54, Reed Drive, Redhill is Earlswood (Surrey) station which is 700 metres away.
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 54, 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 54, 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 54, 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 54, 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 54, 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.
