56, Mill Lane
56, Mill Lane
Description & Estimates
56, Mill Lane, Redhill is recorded publicly as a modern freehold house across 538 ft2 of internal area, sitting on a 88.9 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 56, Mill Lane, Redhill is £318,257 and its rental estimate is £1,556 per month, given the available information and assuming reasonable condition.
Mill Lane, Merstham, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
56, Mill Lane, Redhill has 3 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated June 2012.
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 56, Mill Lane, Redhill, we estimate a market value of £334,169 and a rental value of £1,633 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £295,979 and £1,447 per month respectively.
Recent Market Change
Over the last year, 56, Mill Lane, Redhill has seen its estimated sale value move down by £2,072 (0.7%) and its estimated rental value increase by £81 per month (5.2%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 56, Mill Lane, Redhill as measuring 89 m2.
That makes it the 19th largest plot in the postcode, where 20 of the 24 other houses have recorded plot data.
Energy Efficiency
56, Mill Lane, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 2012.
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 56, Mill Lane, Redhill completed on 10th June 2021 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 13.6% over the period since June 2021.
- Sold Jun 2021£350,000
- Sold Jun 2016£270,000
- Sold Jun 2013£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 56, Mill Lane, Redhill have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st August 2025, was 36, Mill Lane, Redhill, RH1 3HQ, a freehold house which sold for £282,500.
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 36 addresses on Mill Lane, Merstham, Redhill, RH1, 56, Mill Lane, Redhill comes out as the 26th largest and the 16th most expensive in our analysis of the public data.
It is also £136k less expensive than the average property across the RH1 district.
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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
From 56, Mill Lane, Redhill, the nearest station is Merstham, 1.4 kilometres away.
- 1.4kmMerstham
- 1.9kmRedhill
- 2.9kmNutfield
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.
