Flat 2, 162
Flat 2, 162
Description & Estimates
Flat 2, 162, Station Road, Redhill is described in the public record as a period apartment with 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 162, Station Road, Redhill is £172,199 and its rental estimate is £1,063 per month, given the available information and assuming reasonable condition.
162, Station Road is a residential building on Station Road, Merstham, Redhill, RH1 and falls within the RH1 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 2, 162, Station Road, Redhill has no recent1 records in the the Land Registry and a single entry in the EPC database dated August 2018.
We combine this information with public data 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
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 2, 162, Station Road, Redhill, we estimate a market value of £180,809 and a rental value of £1,116 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £160,145 and £988 per month respectively.
Recent Market Change
Over the last year, Flat 2, 162, Station Road, Redhill has seen its estimated sale value move down by £326 (0.2%) and its estimated rental value increase by £53 per month (5.0%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
Flat 2, 162, Station Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Aug 2018.
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 2, 162, Station Road, Redhill completed on 4th December 2002 at £129,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Dec 2002£129,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 162, Station Road, Redhill have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2022, was Flat 1, 162, Station Road, Redhill, RH1 1HF, a leasehold flat which sold for £193,500.
Read more about house prices in RH1.
- Sold Mar 2022£193,500 | 2 Bed FlatFlat 1, 162, Station Road, Redhill, RH1 1HFFlat 1, 162, Station Road, Redhill, RH1 1HF
- Sold Oct 2021£165,000 | 2 Bed FlatFlat 3, 162, Station Road, Redhill, RH1 1HFFlat 3, 162, Station Road, Redhill, RH1 1HF
- Sold Jul 2021£165,000 | 2 Bed FlatFlat 4, 162, Station Road, Redhill, RH1 1HFFlat 4, 162, Station Road, Redhill, RH1 1HF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 338 addresses on Station Road, Merstham, Redhill, RH1, Flat 2, 162, Station Road, Redhill comes out as the 84th largest and the 301st most expensive in our analysis of the public data.
It is also £282k less expensive than the average property across the RH1 district.
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Schools Nearby
- 200mSt Joseph's Catholic Primary School
- 400mHatchlands Primary
- 600mWray Common Primary School
- 1.1kmCarrington School
- 1.1kmSt Bede's School
- 2.1kmReigate School
More reading links
Public Transport Nearby
From Flat 2, 162, Station Road, Redhill, the nearest station is Redhill, 700 metres away.
- 700mRedhill
- 1.5kmEarlswood (Surrey)
- 2.0kmReigate
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
