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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 24, Lyndale Road, Redhill is £210,849 and the estimated rental value is £1,285 per month.
The apartment is within 24, Lyndale Road, Redhill, RH1.
Lyndale Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 2, 24, Lyndale Road, Redhill has 61 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated October 2023.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 24, Lyndale Road, Redhill is in very good condition we estimate a sale value of £221,391 and a rental value of £1,349 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,089 and a rental value of £1,195 per month.
Over the last 12 months the sale value of Flat 2 24 Lyndale Road Redhill has decreased by an estimated £399 (0.2%) and its rental value has increased by an estimated £65 per month (5.0%), giving an expected gross yield of 7.3%.
Flat 2, 24, Lyndale Road, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 24, Lyndale Road, Redhill was last sold on 13th August 2024 for £218,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since August 2024, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 24, Lyndale Road, Redhill within a radius of 610 metres over the last 2 years.
The most recent example is Flat 5, 4, Monson Road, Redhill, RH1 2ET, a leasehold flat which sold for £190,000 on the 15th August 2024.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lyndale Road, Redhill, RH1 has a total of 56 addresses. According to our analysis of all the public data, Flat 2, 24, Lyndale Road, Redhill is the 47th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in RH1.
The closest station to Flat 2, 24, Lyndale Road, Redhill is Redhill station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 24, Lyndale Road, Redhill, 62.4% of property is privately owned with a mortgage and 25.6% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 24, Lyndale Road, Redhill, 23.2% of residents are recorded as possessing school level qualifications and 52.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 24, Lyndale Road, Redhill, the average age was 38.6 and the most common age was 37.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 24, Lyndale Road, Redhill, 2.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 24, Lyndale Road, Redhill, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.