62, Worsted Green
62, Worsted Green
Description & Estimates
62, Worsted Green, Redhill appears in the public record as a freehold house sitting on a 153 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 753 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 62, Worsted Green, Redhill is £364,559 and its rental estimate is £1,902 per month, given the available information and assuming reasonable condition.
Worsted Green, Merstham, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
62, Worsted Green, Redhill has 21 entries in the Land Registry , most recently in January 2007 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 4 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 62, Worsted Green, Redhill, we estimate a market value of £382,787 and a rental value of £1,997 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £339,040 and £1,769 per month respectively.
Recent Market Change
Over the last year, 62, Worsted Green, Redhill has seen its estimated sale value decline by £4,414 (1.2%) and its estimated rental value climb by £85 per month (4.5%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 62, Worsted Green, Redhill as measuring 153 m2.
That makes it the 13th largest plot in the postcode, where 15 of the 31 other houses have recorded plot data.
Sold Prices
The most recent sale of 62, Worsted Green, Redhill completed on 26th January 2007 at £179,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 106.7% over the period since January 2007.
- Sold Jan 2007£179,000
- Sold Jul 1997£67,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62, Worsted Green, Redhill have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2024, was 29, Weldon Way, Redhill, RH1 3QA, a freehold house which sold for £350,000.
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 71 addresses on Worsted Green, Merstham, Redhill, RH1, 62, Worsted Green, Redhill comes out as the 41st largest and the 39th most expensive in our analysis of the public data.
It is also £89k less expensive than the average property across the RH1 district.
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Schools Nearby
- 500mFurzefield Primary Academy
- 700mMerstham Primary School
- 1.1kmLime Tree Primary School and Nursery
- 200mMerstham Park School
- 2.2kmCarrington School
- 2.4kmSt Bede's School
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Public Transport Nearby
From 62, Worsted Green, Redhill, the nearest station is Merstham, 800 metres away.
- 800mMerstham
- 2.6kmRedhill
- 3.6kmNutfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
