Flat 6, 14
Flat 6, 14
Description & Estimates
Flat 6, 14, School Hill, Redhill is recorded publicly as a modern leasehold apartment across 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 6, 14, School Hill, Redhill is £115,696 and its rental estimate is £716 per month, given the available information and assuming reasonable condition.
14, School Hill is a residential building on School Hill, Merstham, Redhill, RH1 and falls within the RH1 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 6, 14, School Hill, Redhill has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 6, 14, School Hill, Redhill, we estimate a market value of £121,481 and a rental value of £752 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £107,598 and £666 per month respectively.
Recent Market Change
Over the last year, Flat 6, 14, School Hill, Redhill has seen its estimated sale value drop by £219 (0.2%) and its estimated rental value rise by £36 per month (5.0%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
Flat 6, 14, School Hill, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 6, 14, School Hill, Redhill completed on 16th December 2021 at £118,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 9.0% over the period since December 2021.
- Sold Dec 2021£118,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 770 metres of Flat 6, 14, School Hill, Redhill, per the Land Registry and our network of Estate Agents.
The latest, on the 12th November 2021, was 20, School Hill, Redhill, RH1 3EG, a freehold house which sold for £415,000.
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
Of the 21 addresses on School Hill, Merstham, Redhill, RH1, Flat 6, 14, School Hill, Redhill comes out as the 17th largest and the 18th most expensive in our analysis of the public data.
It is also £338k less expensive than the average property across the RH1 district.
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Schools Nearby
- 100mMerstham Primary School
- 800mLime Tree Primary School and Nursery
- 900mFurzefield Primary Academy
- 900mMerstham Park School
- 2.1kmSt Bede's School
- 2.4kmCarrington School
More reading links
Public Transport Nearby
From Flat 6, 14, School Hill, Redhill, the nearest station is Merstham, 200 metres away.
- 200mMerstham
- 2.7kmRedhill
- 4.2kmEarlswood (Surrey)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
