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Company No. 11113204
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According to the public record, Flat 2, Fenbridge House 5, Redhill is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Fenbridge House 5, Redhill is £216,767 and the estimated rental value is £1,279 per month.
The apartment is within Fenbridge House, Rubeck Close, Redhill, RH1.
Rubeck Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 2, Fenbridge House 5, Redhill has 2 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated June 2020.
We combine this information with that 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, Fenbridge House 5, Redhill is in very good condition we estimate a sale value of £227,606 and a rental value of £1,343 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,594 and a rental value of £1,190 per month.
Over the last 12 months the sale value of Flat 2 Fenbridge House 5 Redhill has decreased by an estimated £2,611 (1.2%) and its rental value has increased by an estimated £52 per month (4.1%), giving an expected gross yield of 7.1%.
Flat 2, Fenbridge House 5, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Jun 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 2, Fenbridge House 5, Redhill was last sold on 12th July 2017 for £205,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2017, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Fenbridge House 5, Redhill within a radius of 670 metres over the last 2 years.
The most recent example is Flat 13, Nutfield Court 26, Goodworth Road, Redhill, RH1 1TE, a leasehold flat which sold for £200,000 on the 15th June 2022.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rubeck Close, Redhill, RH1 has a total of 42 addresses. According to our analysis of all the public data, Flat 2, Fenbridge House 5, Redhill is the 41st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £237k less expensive than the average property in RH1.
The closest station to Flat 2, Fenbridge House 5, Redhill is Redhill station which is 1.0 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Fenbridge House 5, Redhill, 42.0% of property is privately owned with a mortgage and 29.5% is privately 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, Fenbridge House 5, Redhill, 16.8% of residents are recorded as possessing school level qualifications and 53.8% 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, Fenbridge House 5, Redhill, the average age was 36.3 and the most common age was 32.
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, Fenbridge House 5, Redhill, 0.0% 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, Fenbridge House 5, Redhill, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
