Flat 1, Red Cottage 3
Flat 1, Red Cottage 3
Description & Estimates
Flat 1, Red Cottage 3, Redhill is recorded publicly as an early-century leasehold apartment across 365 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a garden.
Our estimate of the sale value of Flat 1, Red Cottage 3, Redhill is £177,448 and its rental estimate is £1,036 per month, given the available information and assuming reasonable condition.
Red Cottage, Cavendish Road is a residential building on Cavendish Road, Redhill, RH1 and falls within the RH1 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 1, Red Cottage 3, Redhill has 41 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Flat 1, Red Cottage 3, Redhill, we estimate a market value of £186,320 and a rental value of £1,087 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,026 and £963 per month respectively.
Recent Market Change
Over the last year, Flat 1, Red Cottage 3, Redhill has seen its estimated sale value decline by £1,508 (0.8%) and its estimated rental value climb by £50 per month (4.8%). This results in an estimated gross rental yield of 7.0%.
Energy Efficiency
Flat 1, Red Cottage 3, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 1, Red Cottage 3, Redhill completed on 2nd December 2011 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 63.1% over the period since December 2011.
- Sold Dec 2011£125,000
- Sold Jun 2003£119,000
- Sold Mar 2000£69,150
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Red Cottage 3, Redhill have sold within a radius of 540 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st July 2020, was Flat 66, Quadrant House 1, Princess Way, Redhill, RH1 1FE, a leasehold flat which sold for £20,400,000.
Read more about house prices in RH1.
- Sold Jul 2020£20,400,000 | 1 Bed FlatQuadrant House 1, Princess WayFlat 66, Quadrant House 1, Princess Way, Redhill, RH1 1FE
- Sold Oct 2012£100,000 | 1 Bed FlatCavendish House 7, Cavendish RoadFlat 6, Cavendish House 7, Cavendish Road, Redhill, RH1 4AL
- Sold Jan 2008£153,950 | 1 Bed FlatRed Cottage 3, Cavendish RoadFlat 4, Red Cottage 3, Cavendish Road, Redhill, RH1 4AL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Cavendish Road, Redhill, RH1, Flat 1, Red Cottage 3, Redhill comes out as the 50th largest and the 50th most expensive in our analysis of the public data.
It is also £276k less expensive than the average property across the RH1 district.
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Schools Nearby
- 800mSt Matthew's CofE Primary School
- 1.0kmSt Joseph's Catholic Primary School
- 1.0kmEarlswood Infant and Nursery School
- 400mCarrington School
- 1.5kmSt Bede's School
- 2.5kmMerstham Park School
More reading links
Public Transport Nearby
From Flat 1, Red Cottage 3, Redhill, the nearest station is Redhill, 200 metres away.
- 200mRedhill
- 1.4kmEarlswood (Surrey)
- 2.4kmNutfield
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
