Flat 5, Altdam Farm 62
Flat 5, Altdam Farm 62
Description & Estimates
Public records show Flat 5, Altdam Farm 62, Redhill to be a modern leasehold apartment with 592 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, Altdam Farm 62, Redhill has an estimated sale value of £231,305 and an estimated rental value of £1,359 per month, assuming reasonable condition and based on the information available.
The apartment sits within Altdam Farm, Park View Road, Redhill, RH1.
Park View Road, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
Flat 5, Altdam Farm 62, Redhill has 21 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, Altdam Farm 62, Redhill would be worth £242,870, with a potential rental value of £1,426 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £215,113, with a rental value of £1,263 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, Altdam Farm 62, Redhill has moved down by £438 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £68 (5.0%). The property's estimated gross yield is currently 7.0%.
Energy Efficiency
Flat 5, Altdam Farm 62, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 5, Altdam Farm 62, Redhill last changed hands on 3rd June 2020, selling for £245,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 14.9% since June 2020.
- Sold Jun 2020£245,000
- Sold Jan 2006£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.3 kilometres of Flat 5, Altdam Farm 62, Redhill across the last 2 years.
Most recently, Flat 21, Altdam Farm 66, Park View Road, Redhill, RH1 5DN, a leasehold flat, sold at £210,000 on the 13th November 2023.
Read more about house prices in RH1.
- Sold Nov 2023£210,000 | 2 Bed FlatFlat 21, Altdam Farm 66, Park View Road, Redhill, RH1 5DNFlat 21, Altdam Farm 66, Park View Road, Redhill, RH1 5DN
- Sold Jul 2022£185,000 | 2 Bed FlatFlat 8, Altdam Farm 64, Park View Road, Redhill, RH1 5DNFlat 8, Altdam Farm 64, Park View Road, Redhill, RH1 5DN
- Sold Jul 2022£235,000 | 2 Bed FlatFlat 15, Altdam Farm 66, Park View Road, Redhill, RH1 5DNFlat 15, Altdam Farm 66, Park View Road, Redhill, RH1 5DN
•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, Altdam Farm 62, Redhill as the 60th largest and the 60th most expensive of the 80 addresses on Park View Road, Redhill, RH1.
Against the RH1 postcode district average, it is £223k less expensive than the typical property.
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Schools Nearby
- 600mSalfords Primary School and Nursery
- 2.2kmWestvale Park Primary Academy
- 2.3kmMeath Green Infant School
- 2.9kmReigate School
- 3.5kmOakwood School
- 4.4kmCarrington School
More reading links
Public Transport Nearby
Salfords (Surrey) station is the nearest stop to Flat 5, Altdam Farm 62, Redhill at 500 metres away.
- 500mSalfords (Surrey)
- 2.7kmEarlswood (Surrey)
- 3.5kmNutfield
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a medium risk of flooding.
