Flat 1, Stoneham Place 1
Flat 1, Stoneham Place 1
Description & Estimates
Flat 1, Stoneham Place 1, Redhill is recorded publicly as a modern leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Stoneham Place 1, Redhill is £302,755 and its rental estimate is £1,461 per month, given the available information and assuming reasonable condition.
Stoneham Place, Wolfendale Close is a residential building on Wolfendale Close, Merstham, Redhill, RH1 and falls within the RH1 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 1, Stoneham Place 1, Redhill has 2 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated June 2022.
We combine this information with that 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 Flat 1, Stoneham Place 1, Redhill, we estimate a market value of £317,892 and a rental value of £1,534 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £281,562 and £1,359 per month respectively.
Recent Market Change
Over the last year, Flat 1, Stoneham Place 1, Redhill has seen its estimated sale value decrease by £573 (0.2%) and its estimated rental value grow by £73 per month (5.0%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 1, Stoneham Place 1, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Jun 2022.
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, Stoneham Place 1, Redhill completed on 20th April 2010 at £202,000 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 34.7% over the period since April 2010.
- Sold Apr 2010£202,000
- Sold Aug 2008£222,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Stoneham Place 1, Redhill have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st January 2025, was Flat 6, Stoneham Place 1, Wolfendale Close, Redhill, RH1 3BT, a leasehold flat which sold for £325,000.
Read more about house prices in RH1.
- Sold Jan 2025£325,000 | 2 Bed FlatStoneham Place 1, Wolfendale CloseFlat 6, Stoneham Place 1, Wolfendale Close, Redhill, RH1 3BT
- Sold Jul 2023£306,000 | 2 Bed FlatCanalside244, Canalside, Redhill, RH1 2FW
- Sold Jan 2021£290,000 | 2 Bed FlatStoneham Place 1, Wolfendale CloseFlat 2, Stoneham Place 1, Wolfendale Close, Redhill, RH1 3BT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 14 addresses on Wolfendale Close, Merstham, Redhill, RH1, Flat 1, Stoneham Place 1, Redhill comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £151k less expensive than the average property across the RH1 district.
More reading links
Schools Nearby
- 700mLime Tree Primary School and Nursery
- 700mMerstham Primary School
- 1.0kmFurzefield Primary Academy
- 500mMerstham Park School
- 1.7kmCarrington School
- 1.9kmSt Bede's School
More reading links
Public Transport Nearby
From Flat 1, Stoneham Place 1, Redhill, the nearest station is Merstham, 1.0 kilometres away.
- 1.0kmMerstham
- 2.1kmRedhill
- 3.4kmNutfield
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.
