Flat 4, Cheltenham House
Flat 4, Cheltenham House
Description & Estimates
According to the public record, Flat 4, Cheltenham House, Redhill is a modern leasehold apartment with 484 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, Cheltenham House, Redhill is £226,484 and the estimated rental value is £1,241 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 4, Cheltenham House, Redhill has a single entry in the Land Registry from March 2012 and a single entry in the EPC database dated July 2024.
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 4, Cheltenham House, Redhill is in very good condition we estimate a sale value of £237,809 and a rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,630 and a rental value of £1,154 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 4, Cheltenham House, Redhill has moved down by £429 (0.2%), while its estimated rental value has increased by £62 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
Flat 4, Cheltenham House, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jul 2024.
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 4, Cheltenham House, Redhill was last sold on 23rd March 2012 for £145,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2012, the market for similar properties has risen by 45.4%.
- Sold Mar 2012£145,000
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, Cheltenham House, Redhill within a radius of 470 metres over the last 2 years.
The most recent example is Flat 6, Eton House, Old School Close, Redhill, RH1 2FN, a leasehold flat which sold for £220,000 on the 26th September 2025.
Read more about house prices in RH1.
- Sold Sep 2025£220,000 | 2 Bed FlatEton House, Old School CloseFlat 6, Eton House, Old School Close, Redhill, RH1 2FN
- Sold Mar 2025£208,000 | 2 Bed FlatLadbroke Court 122, Ladbroke RoadFlat 17, Ladbroke Court 122, Ladbroke Road, Redhill, RH1 1JX
- Sold Jan 2024£150,000 | 1 Bed FlatLadbroke Court 122, Ladbroke RoadFlat 6, Ladbroke Court 122, Ladbroke Road, Redhill, RH1 1JX
•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 4, Cheltenham House, Redhill is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £227k 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 4, 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.
