Flat 5, 4
Flat 5, 4
Description & Estimates
Public records show Flat 5, 4, Grovehill Road, Redhill to be a period leasehold apartment with 430 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
Flat 5, 4, Grovehill Road, Redhill has an estimated sale value of £197,821 and an estimated rental value of £1,131 per month, assuming reasonable condition and based on the information available.
The apartment sits within 4, Grovehill Road, Redhill, RH1.
Grovehill Road, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
Flat 5, 4, Grovehill Road, Redhill has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, 4, Grovehill Road, Redhill would be worth £207,712, with a potential rental value of £1,187 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £183,973, with a rental value of £1,052 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 5, 4, Grovehill Road, Redhill has decreased by £730 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £56 (4.9%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 5, 4, Grovehill Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 5, 4, Grovehill Road, Redhill last changed hands on 29th October 2015, selling for £145,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 7.5% since October 2015.
- Sold Oct 2015£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of Flat 5, 4, Grovehill Road, Redhill across the last 2 years.
Most recently, Flat 6, Bolderwood 1, Upper Bridge Road, Redhill, RH1 6DF, a leasehold flat, sold at £216,000 on the 27th March 2026.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 5, 4, Grovehill Road, Redhill as the 123rd largest and the 124th most expensive of the 147 addresses on Grovehill Road, Redhill, RH1.
Against the RH1 postcode district average, it is £256k less expensive than the typical property.
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Schools Nearby
- 600mSt Joseph's Catholic Primary School
- 800mHatchlands Primary
- 800mSt Matthew's CofE Primary School
- 900mCarrington School
- 1.4kmSt Bede's School
- 2.1kmReigate School
More reading links
Public Transport Nearby
Redhill station is the nearest stop to Flat 5, 4, Grovehill Road, Redhill at 500 metres away.
- 500mRedhill
- 1.1kmEarlswood (Surrey)
- 2.3kmReigate
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
