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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 67B, Nutfield Road, Redhill is £120,218 and the estimated rental value is £754 per month.
The apartment is within 67, Nutfield Road, Merstham, Redhill, RH1.
Nutfield Road, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
67B, Nutfield Road, Redhill has a single entry in the Land Registry from October 2023 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 67B, Nutfield Road, Redhill is in very good condition we estimate a sale value of £126,229 and a rental value of £791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £111,803 and a rental value of £701 per month.
Over the last 12 months the sale value of 67B Nutfield Road Redhill has decreased by an estimated £444 (0.4%) and its rental value has increased by an estimated £37 per month (4.9%), giving an expected gross yield of 7.5%.
67B, Nutfield Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Feb 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 67B, Nutfield Road, Redhill was last sold on 3rd October 2023 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2023, the market for similar properties has risen 25.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 610 metres radius of 67B, Nutfield Road, Redhill over the last 2 years.
The most recent example is 67A, Nutfield Road, Redhill, RH1 3ER, a leasehold flat which sold for £180,000 on the 18th October 2023.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nutfield Road, Merstham, Redhill, RH1 has a total of 312 addresses. According to our analysis of all the public data, 67B, Nutfield Road, Redhill is the 306th largest and the 311th most expensive property on the street.
When compared to the postcode district it is £334k less expensive than the average property in RH1.
The closest station to 67B, Nutfield Road, Redhill is Merstham station which is 700 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 67B, Nutfield Road, Redhill, 40.5% of property is privately rented and 33.8% is privately owned with a mortgage.
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 67B, Nutfield Road, Redhill, 19.4% of residents are recorded as possessing school level qualifications and 38.9% 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 67B, Nutfield Road, Redhill, the average age was 37.2 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 67B, Nutfield Road, Redhill, 0.3% 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 67B, Nutfield Road, Redhill, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.