Flat 4, 162
Flat 4, 162
Description & Estimates
According to the public record, Flat 4, 162, Station Road, Redhill is a period leasehold apartment with 667 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 4, 162, Station Road, Redhill is £169,567 and the estimated rental value is £1,050 per month.
The apartment is within 162, Station Road, Merstham, Redhill, RH1.
Station Road, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Our Data Sources
Flat 4, 162, Station Road, Redhill has 21 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 4, 162, Station Road, Redhill is in very good condition we estimate a sale value of £178,046 and a rental value of £1,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £157,698 and a rental value of £976 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, 162, Station Road, Redhill has declined by £321 (0.2%), while its estimated rental value has climbed by £53 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Energy Efficiency
Flat 4, 162, Station Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 4, 162, Station Road, Redhill was last sold on 5th July 2021 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2021, the market for similar properties has risen by 15.1%.
- Sold Jul 2021£165,000
- Sold Dec 1996£29,000
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 4, 162, Station Road, Redhill within a radius of 460 metres over the last 2 years.
The most recent example is Flat 20, Lewis Court 65, Linkfield Lane, Redhill, RH1 1DU, a leasehold flat which sold for £120,000 on the 6th December 2023.
Read more about house prices in RH1.
- Sold Dec 2023£120,000 | 2 Bed FlatFlat 20, Lewis Court 65, Linkfield Lane, Redhill, RH1 1DUFlat 20, Lewis Court 65, Linkfield Lane, Redhill, RH1 1DU
- Sold Mar 2022£193,500 | 2 Bed FlatFlat 1, 162, Station Road, Redhill, RH1 1HFFlat 1, 162, Station Road, Redhill, RH1 1HF
- Sold Oct 2021£165,000 | 2 Bed FlatFlat 3, 162, Station Road, Redhill, RH1 1HFFlat 3, 162, Station Road, Redhill, RH1 1HF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Station Road, Merstham, Redhill, RH1 has a total of 338 addresses. According to our analysis of all the public data, Flat 4, 162, Station Road, Redhill is the 97th largest and the 305th most expensive property on the street.
When compared to the postcode district it is £284k less expensive than the average property in RH1.
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Schools Nearby
- 200mSt Joseph's Catholic Primary School
- 400mHatchlands Primary
- 600mWray Common Primary School
- 1.1kmCarrington School
- 1.1kmSt Bede's School
- 2.1kmReigate School
More reading links
Public Transport Nearby
The closest station to Flat 4, 162, Station Road, Redhill is Redhill station, which is 700 metres away.
- 700mRedhill
- 1.5kmEarlswood (Surrey)
- 2.0kmReigate
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
