Flat 3, Cheltenham House
Flat 3, Cheltenham House
Description & Estimates
According to the public record, Flat 3, Cheltenham House, Redhill is a modern leasehold apartment with 850 ft2 of internal area.
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 3, Cheltenham House, Redhill is £306,368 and the estimated rental value is £1,592 per month.
The apartment is within Cheltenham House, Old School Close, Redhill, RH1.
Old School Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Our Data Sources
Flat 3, Cheltenham House, Redhill has a single entry in the Land Registry from September 2012 and a single entry in the EPC database dated October 2021.
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
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 3, Cheltenham House, Redhill is in very good condition we estimate a sale value of £321,687 and a rental value of £1,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,922 and a rental value of £1,480 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, Cheltenham House, Redhill has moved down by £580 (0.2%), while its estimated rental value has increased by £80 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 6.2%.
Energy Efficiency
Flat 3, Cheltenham House, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, Cheltenham House, Redhill was last sold on 28th September 2012 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2012, the market for similar properties has risen by 43.5%.
- Sold Sep 2012£225,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Cheltenham House, Redhill within a radius of 470 metres over the last 2 years.
The most recent example is Flat 25, Holmesdale Manor 89, Ladbroke Road, Redhill, RH1 1NX, a leasehold flat which sold for £340,000 on the 27th January 2026.
Read more about house prices in RH1.
- Sold Jan 2026£340,000 | 2 Bed FlatHolmesdale Manor 89, Ladbroke RoadFlat 25, Holmesdale Manor 89, Ladbroke Road, Redhill, RH1 1NX
- Sold Sep 2025£312,000 | 2 Bed FlatHolmesdale Manor 89, Ladbroke RoadFlat 35, Holmesdale Manor 89, Ladbroke Road, Redhill, RH1 1NX
- Sold Mar 2022£315,000 | 2 Bed FlatAbbots Rise7, Abbots Rise, Redhill, RH1 1LL
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old School Close, Redhill, RH1 has a total of 39 addresses. According to our analysis of all the public data, Flat 3, Cheltenham House, Redhill is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in RH1.
More reading links
Schools Nearby
- 700mSt Matthew's CofE Primary School
- 1.1kmLime Tree Primary School and Nursery
- 1.2kmSt Joseph's Catholic Primary School
- 500mCarrington School
- 900mSt Bede's School
- 1.8kmMerstham Park School
More reading links
Public Transport Nearby
The closest station to Flat 3, Cheltenham House, Redhill is Redhill station, which is 800 metres away.
- 800mRedhill
- 2.1kmMerstham
- 2.3kmEarlswood (Surrey)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
