Flat 2, 113 Road
Flat 2, 113 Road
Description & Estimates
Public records show Flat 2, 113 Road, Redhill to be a period leasehold apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 2, 113 Road, Redhill has an estimated sale value of £209,181 and an estimated rental value of £1,269 per month, assuming reasonable condition and based on the information available.
The apartment sits within 113, London Road, Redhill, RH1.
London Road, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
Flat 2, 113 Road, Redhill has 31 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated May 2016.
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.
Price Range & Condition
In very good condition, we estimate Flat 2, 113 Road, Redhill would be worth £219,640, with a potential rental value of £1,333 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £194,538, with a rental value of £1,180 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 2, 113 Road, Redhill has fallen by £396 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £64 (5.0%). The property's estimated gross yield is currently 7.3%.
Energy Efficiency
Flat 2, 113 Road, Redhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 May 2016.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters, Room heaters, electric.
Sold Prices
Flat 2, 113 Road, Redhill last changed hands on 16th March 2017, selling for £230,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 8.0% since March 2017.
- Sold Mar 2017£230,000
- Sold May 2006£149,450
- Sold Nov 1999£66,250
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 530 metres of Flat 2, 113 Road, Redhill across the last 2 years.
Most recently, Flat 2, 24, Lyndale Road, Redhill, RH1 2HA, a leasehold flat, sold at £218,000 on the 13th August 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 2, 113 Road, Redhill as the 250th largest and the 221st most expensive of the 351 addresses on London Road, Redhill, RH1.
Against the RH1 postcode district average, it is £245k less expensive than the typical property.
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Schools Nearby
- 700mSt Matthew's CofE Primary School
- 900mLime Tree Primary School and Nursery
- 1.2kmSt Joseph's Catholic Primary School
- 600mSt Bede's School
- 900mCarrington School
- 1.9kmMerstham Park School
More reading links
Public Transport Nearby
Redhill station is the nearest stop to Flat 2, 113 Road, Redhill at 1.0 kilometres away.
- 1.0kmRedhill
- 2.0kmMerstham
- 2.5kmEarlswood (Surrey)
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 very low risk of flooding.
