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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, 5, Gloucester Road, Redhill is a modern apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 5, Gloucester Road, Redhill is £236,433 and the estimated rental value is £1,087 per month.
The apartment is within 5, Gloucester Road, Redhill, RH1.
Gloucester Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 2, 5, Gloucester Road, Redhill has no records in the the Land Registry and a single entry in the EPC database dated August 2019.
We combine this information with public data 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.
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, 5, Gloucester Road, Redhill is in very good condition we estimate a sale value of £248,255 and a rental value of £1,142 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £219,883 and a rental value of £1,011 per month.
Over the last 12 months the sale value of Flat 2 5 Gloucester Road Redhill has decreased by an estimated £623 (0.3%) and its rental value has increased by an estimated £49 per month (4.5%), giving an expected gross yield of 5.5%.
Flat 2, 5, Gloucester Road, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Aug 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 5, Gloucester Road, Redhill within a radius of 430 metres over the last 2 years.
The most recent example is Flat 58, Warwick House 67, Station Road, Redhill, RH1 1LS, a leasehold flat which sold for £230,000 on the 18th January 2023.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gloucester Road, Redhill, RH1 has a total of 60 addresses. According to our analysis of all the public data, Flat 2, 5, Gloucester Road, Redhill is the 51st largest and the 36th most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in RH1.
The closest station to Flat 2, 5, Gloucester Road, Redhill is Redhill station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, 5, Gloucester Road, Redhill, 34.8% of property is privately rented and 28.5% is socially rented.
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, 5, Gloucester Road, Redhill, 21.7% of residents are recorded as possessing school level qualifications and 42.2% 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, 5, Gloucester 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, 5, Gloucester Road, Redhill, 0.3% 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, 5, Gloucester Road, Redhill, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
