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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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37B, Horley Road, Redhill appears in the public record as a leasehold apartment.
We estimate it to be an early-century apartment with 545 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 37B, Horley Road, Redhill is £196,375 and its rental estimate is £1,237 per month, given the available information and assuming reasonable condition.
37, Horley Road is a residential building on Horley Road, Redhill, RH1 and falls within the RH1 postal district and the borough of Reigate and Banstead.
37B, Horley Road, Redhill has 2 entries in the Land Registry , most recently in July 2014 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 1 out of 5 and is considered of low 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 37B, Horley Road, Redhill, we estimate a market value of £206,193 and a rental value of £1,299 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £182,628 and £1,151 per month respectively.
Over the last year, 37B, Horley Road, Redhill has seen its estimated sale value decline by £372 (0.2%) and its estimated rental value climb by £62 per month (5.0%). This results in an estimated gross rental yield of 7.6%.
The most recent sale of 37B, Horley Road, Redhill completed on 24th July 2014 at £159,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.7% over the period since July 2014.
Over the past 2 years 3 properties similar to 37B, Horley Road, Redhill have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th February 2025, was Flat 3, Lawrence House, Denton Close, Redhill, RH1 5LB, a leasehold flat which sold for £252,000.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 136 addresses on Horley Road, Redhill, RH1, 37B, Horley Road, Redhill comes out as the 117th largest and the 127th most expensive in our analysis of the public data.
It is also £257k less expensive than the average property across the RH1 district.
From 37B, Horley Road, Redhill, the nearest station is Earlswood (Surrey), 1.4 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast 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 37B, Horley Road, Redhill, 41.8% 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 37B, Horley Road, Redhill, 15.3% of residents are recorded as possessing school level qualifications and 43.6% 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 37B, Horley Road, 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 37B, Horley Road, Redhill, 1.1% 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 37B, Horley Road, 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.
