6, Redricks Lane
6, Redricks Lane
Description & Estimates
6, Redricks Lane, Sawbridgeworth appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a mid-century house with 862 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 6, Redricks Lane, Sawbridgeworth is £442,826 and its rental estimate is £1,783 per month, given the available information and assuming reasonable condition.
Redricks Lane, Sawbridgeworth, CM21 falls within the CM21 postal district, in the borough of East Hertfordshire.
Our Data Sources
6, Redricks Lane, Sawbridgeworth has 21 entries in the Land Registry , most recently in May 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 6, Redricks Lane, Sawbridgeworth, we estimate a market value of £464,968 and a rental value of £1,872 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £411,828 and £1,658 per month respectively.
Recent Market Change
Over the last year, 6, Redricks Lane, Sawbridgeworth has seen its estimated sale value decrease by £9,845 (2.2%) and its estimated rental value grow by £49 per month (2.7%). This results in an estimated gross rental yield of 4.8%.
Sold Prices
The most recent sale of 6, Redricks Lane, Sawbridgeworth completed on 10th May 2024 at £430,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.9% over the period since May 2024.
- Sold May 2024£430,000
- Sold May 1999£129,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Redricks Lane, Sawbridgeworth have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th June 2018, was 1, Honeymeade, Sawbridgeworth, CM21 0AR, a freehold house which sold for £480,000.
Read more about house prices in CM21.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 36 addresses on Redricks Lane, Sawbridgeworth, CM21, 6, Redricks Lane, Sawbridgeworth comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £34k less expensive than the average property across the CM21 district.
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Schools Nearby
- 900mHigh Wych Church of England Primary School
- 1.8kmHarlowbury Primary School
- 2.0kmFawbert and Barnard's Primary School
- 2.2kmMark Hall Academy
- 2.8kmBurnt Mill Academy
- 2.9kmLeventhorpe
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Public Transport Nearby
From 6, Redricks Lane, Sawbridgeworth, the nearest station is Harlow Mill, 1.0 kilometres away.
- 1.0kmHarlow Mill
- 2.9kmSawbridgeworth
- 3.0kmHarlow Town
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
