Flat 1, 11
Flat 1, 11
Description & Estimates
Public records show Flat 1, 11, Springfield Close, Redhill to be a modern leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 11, Springfield Close, Redhill has an estimated sale value of £225,440 and an estimated rental value of £1,307 per month, assuming reasonable condition and based on the information available.
The apartment sits within 11, Springfield Close, Salfords, Redhill, RH1.
Springfield Close, Salfords, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
Flat 1, 11, Springfield Close, Redhill has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated July 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 11, Springfield Close, Redhill would be worth £236,712, with a potential rental value of £1,372 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £209,659, with a rental value of £1,215 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 1, 11, Springfield Close, Redhill has decreased by £427 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £66 (5.0%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 1, 11, Springfield Close, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 11, Springfield Close, Redhill last changed hands on 9th September 2021, selling for £176,250. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 12.4% since September 2021.
- Sold Sep 2021£176,250
- Sold Aug 2017£168,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of Flat 1, 11, Springfield Close, Redhill across the last 2 years.
Most recently, 14, Brighton Road, Redhill, RH1 5BX, a leasehold flat, sold at £17,000 on the 29th November 2024.
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
Our analysis of the public data ranks Flat 1, 11, Springfield Close, Redhill as the 18th largest and the 18th most expensive of the 18 addresses on Springfield Close, Salfords, Redhill, RH1.
Against the RH1 postcode district average, it is £228k less expensive than the typical property.
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Schools Nearby
- 500mSalfords Primary School and Nursery
- 2.3kmWestvale Park Primary Academy
- 2.4kmMeath Green Infant School
- 2.9kmReigate School
- 3.6kmOakwood School
- 4.3kmCarrington School
More reading links
Public Transport Nearby
Salfords (Surrey) station is the nearest stop to Flat 1, 11, Springfield Close, Redhill at 500 metres away.
- 500mSalfords (Surrey)
- 2.6kmEarlswood (Surrey)
- 3.5kmNutfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
