Flat 5, Cheltenham House
Flat 5, Cheltenham House
Description & Estimates
Public records show Flat 5, Cheltenham House, Redhill to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, Cheltenham House, Redhill has an estimated sale value of £242,169 and an estimated rental value of £1,315 per month, assuming reasonable condition and based on the information available.
The apartment sits within Cheltenham House, Old School Close, Redhill, RH1.
Old School Close, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
Flat 5, Cheltenham House, Redhill has a single entry in the Land Registry from May 2012 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, Cheltenham House, Redhill would be worth £254,278, with a potential rental value of £1,380 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £225,217, with a rental value of £1,223 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, Cheltenham House, Redhill has moved down by £458 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £66 (5.0%). The property's estimated gross yield is currently 6.5%.
Energy Efficiency
Flat 5, Cheltenham House, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2023.
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, Cheltenham House, Redhill last changed hands on 4th May 2012, selling for £165,000. 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 44.7% since May 2012.
- Sold May 2012£165,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 470 metres of Flat 5, Cheltenham House, Redhill across the last 2 years.
Most recently, 36, Abbots Rise, Redhill, RH1 1LL, a leasehold flat, sold at £257,500 on the 20th February 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, Cheltenham House, Redhill as the 29th largest and the 28th most expensive of the 39 addresses on Old School Close, Redhill, RH1.
Against the RH1 postcode district average, it is £212k less expensive than the typical property.
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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
Redhill station is the nearest stop to Flat 5, Cheltenham House, Redhill at 800 metres away.
- 800mRedhill
- 2.1kmMerstham
- 2.3kmEarlswood (Surrey)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
