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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
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68, Spencer Way, Redhill appears in the public record as a freehold house sitting on a 121 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 685 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 68, Spencer Way, Redhill is £357,818 and its rental estimate is £1,814 per month, given the available information and assuming reasonable condition.
Spencer Way, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
68, Spencer Way, Redhill has 51 entries in the Land Registry , most recently in December 2008 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.
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 68, Spencer Way, Redhill, we estimate a market value of £375,709 and a rental value of £1,905 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £332,771 and £1,687 per month respectively.
Over the last year, 68, Spencer Way, Redhill has seen its estimated sale value move down by £4,332 (1.2%) and its estimated rental value increase by £81 per month (4.5%). This results in an estimated gross rental yield of 6.1%.
HM Land Registry records the plot of land for 68, Spencer Way, Redhill as measuring 121 m2.
That makes it the 28th largest plot in the postcode, where all 31 other houses have recorded plot data.
The most recent sale of 68, Spencer Way, Redhill completed on 5th December 2008 at £172,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 132.0% over the period since December 2008.
Over the past 2 years 3 properties similar to 68, Spencer Way, Redhill have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd December 2024, was 17, Greenwood Drive, Redhill, RH1 5PH, a freehold house which sold for £339,000.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 93 addresses on Spencer Way, Redhill, RH1, 68, Spencer Way, Redhill comes out as the 80th largest and the 58th most expensive in our analysis of the public data.
It is also £96k less expensive than the average property across the RH1 district.
From 68, Spencer Way, Redhill, the nearest station is Salfords (Surrey), 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 68, Spencer Way, Redhill, 37.3% of property is privately owned with a mortgage and 29.4% is privately owned outright.
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 68, Spencer Way, Redhill, 21.9% of residents are recorded as possessing school level qualifications and 29.3% 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 68, Spencer Way, 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 68, Spencer Way, 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 68, Spencer Way, Redhill, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
