9, Malmstone Avenue
9, Malmstone Avenue
Description & Estimates
9, Malmstone Avenue, Redhill is described in the public record as a mid-century house with 1,130 ft2 of internal area, sitting on a 270 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Malmstone Avenue, Redhill is £475,048 and its rental estimate is £2,275 per month, given the available information and assuming reasonable condition.
Malmstone Avenue, Merstham, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Our Data Sources
9, Malmstone Avenue, Redhill has no records in the the Land Registry and a single entry in the EPC database dated June 2015.
We combine this information with public data 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 9, Malmstone Avenue, Redhill, we estimate a market value of £498,801 and a rental value of £2,389 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £441,795 and £2,116 per month respectively.
Recent Market Change
Over the last year, 9, Malmstone Avenue, Redhill has seen its estimated sale value drop by £5,751 (1.2%) and its estimated rental value rise by £102 per month (4.5%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 9, Malmstone Avenue, Redhill as measuring 270 m2.
That makes it the 9th largest plot in the postcode, where 28 of the 34 other houses have recorded plot data.
Energy Efficiency
9, Malmstone Avenue, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jun 2015.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Malmstone Avenue, Redhill have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th October 2023, was 37, Wood Street, Redhill, RH1 3PE, a freehold house which sold for £425,000.
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 177 addresses on Malmstone Avenue, Merstham, Redhill, RH1, 9, Malmstone Avenue, Redhill comes out as the 28th largest and the 16th most expensive in our analysis of the public data.
It is also £21k more expensive than the average property across the RH1 district.
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Schools Nearby
- 500mFurzefield Primary Academy
- 600mMerstham Primary School
- 1.2kmLime Tree Primary School and Nursery
- 700mMerstham Park School
- 2.6kmSt Bede's School
- 2.6kmCarrington School
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Public Transport Nearby
From 9, Malmstone Avenue, Redhill, the nearest station is Merstham, 400 metres away.
- 400mMerstham
- 3.0kmRedhill
- 4.2kmNutfield
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.
