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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 5, Stoneham Place 1, Redhill to be a modern leasehold apartment with 710 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 5, Stoneham Place 1, Redhill has an estimated sale value of £300,236 and an estimated rental value of £1,451 per month, assuming reasonable condition and based on the information available.
The apartment sits within Stoneham Place, Wolfendale Close, Merstham, Redhill, RH1.
Wolfendale Close, Merstham, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Flat 5, Stoneham Place 1, Redhill has a single entry in the Land Registry from February 2009 and a single entry in the EPC database dated August 2020.
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.
In very good condition, we estimate Flat 5, Stoneham Place 1, Redhill would be worth £315,248, with a potential rental value of £1,524 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,220, with a rental value of £1,350 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 5, Stoneham Place 1, Redhill has decreased by £568 (0.2%) over the last year. During the same period, its estimated monthly rental value has grown by £73 (5.0%). The property's estimated gross yield is currently 5.8%.
Flat 5, Stoneham Place 1, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 5, Stoneham Place 1, Redhill last changed hands on 6th February 2009, 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 40.7% since February 2009.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of Flat 5, Stoneham Place 1, Redhill across the last 2 years.
Most recently, Flat 6, Stoneham Place 1, Wolfendale Close, Redhill, RH1 3BT, a leasehold flat, sold at £325,000 on the 21st January 2025.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 5, Stoneham Place 1, Redhill as the 13th largest and the 13th most expensive of the 14 addresses on Wolfendale Close, Merstham, Redhill, RH1.
Against the RH1 postcode district average, it is £154k less expensive than the typical property.
Merstham station is the nearest stop to Flat 5, Stoneham Place 1, Redhill at 1.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Stoneham Place 1, Redhill, 51.8% of property is privately owned with a mortgage and 33.1% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 5, Stoneham Place 1, Redhill, 18.1% of residents are recorded as possessing school level qualifications and 43.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 5, Stoneham Place 1, Redhill, the average age was 37.2 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 5, Stoneham Place 1, Redhill, 1.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 5, Stoneham Place 1, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
