Flat 3, 101
Flat 3, 101
Description & Estimates
Flat 3, 101, Station Road, Redhill is recorded publicly as a period leasehold apartment across 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 101, Station Road, Redhill is £224,777 and its rental estimate is £1,261 per month, given the available information and assuming reasonable condition.
101, 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 3, 101, Station Road, Redhill has 51 entries in the Land Registry , most recently in June 2017 and a single entry in the EPC database dated March 2014.
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.
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 3, 101, Station Road, Redhill, we estimate a market value of £236,016 and a rental value of £1,324 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £209,043 and £1,173 per month respectively.
Recent Market Change
Over the last year, Flat 3, 101, Station Road, Redhill has seen its estimated sale value move down by £425 (0.2%) and its estimated rental value increase by £63 per month (5.0%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 3, 101, Station Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Mar 2014.
The property is not 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 3, 101, Station Road, Redhill completed on 9th June 2017 at £230,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 13.7% over the period since June 2017.
- Sold Jun 2017£230,000
- Sold Jul 2014£188,000
- Sold May 2008£165,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 101, 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 17th January 2025, was Flat 3, 12, Grovehill Road, Redhill, RH1 6PJ, a leasehold flat which sold for £225,000.
Read more about house prices in RH1.
- Sold Jan 2025£225,000 | 2 Bed FlatFlat 3, 12, Grovehill Road, Redhill, RH1 6PJFlat 3, 12, Grovehill Road, Redhill, RH1 6PJ
- Sold Dec 2024£217,000 | 2 Bed FlatFlat 2, 81, Station Road, Redhill, RH1 1DLFlat 2, 81, Station Road, Redhill, RH1 1DL
- Sold Feb 2023£211,500 | 2 Bed FlatFlat 2, 103, Station Road, Redhill, RH1 1DWFlat 2, 103, Station Road, Redhill, RH1 1DW
•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 3, 101, Station Road, Redhill comes out as the 221st largest and the 205th most expensive in our analysis of the public data.
It is also £229k less expensive than the average property across the RH1 district.
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Schools Nearby
- 100mSt Joseph's Catholic Primary School
- 500mHatchlands Primary
- 600mWray Common Primary School
- 1.0kmCarrington School
- 1.1kmSt Bede's School
- 2.1kmReigate School
More reading links
Public Transport Nearby
From Flat 3, 101, Station Road, Redhill, the nearest station is Redhill, 700 metres away.
- 700mRedhill
- 1.5kmEarlswood (Surrey)
- 1.9kmReigate
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.
