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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
Meadowsweet, Redhill is recorded publicly as an early-century freehold house across 962 ft2 of internal area, sitting on a 368 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Meadowsweet, Redhill is £444,296 and its rental estimate is £2,119 per month, given the available information and assuming reasonable condition.
Lodge Lane, Redhill, RH1 falls within the RH1 postal district, in the borough of Reigate and Banstead.
Meadowsweet, Redhill has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated June 2009.
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.
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 Meadowsweet, Redhill, we estimate a market value of £466,510 and a rental value of £2,225 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £413,195 and £1,971 per month respectively.
Over the last year, Meadowsweet, Redhill has seen its estimated sale value drop by £5,379 (1.2%) and its estimated rental value rise by £95 per month (4.5%). This results in an estimated gross rental yield of 5.7%.
HM Land Registry records the plot of land for Meadowsweet, Redhill as measuring 368 m2.
That makes it the 26th largest plot in the postcode, where 28 of the 32 other houses have recorded plot data.
Meadowsweet, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jun 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Meadowsweet, Redhill completed on 1st October 2009 at £266,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 82.3% over the period since October 2009.
Over the past 2 years 3 properties similar to Meadowsweet, Redhill have sold within a radius of 1.6 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th April 2024, was Wayside, Lodge Lane, Redhill, RH1 5DH, a freehold house which sold for £425,000.
Read more about house prices in RH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 61 addresses on Lodge Lane, Redhill, RH1, Meadowsweet, Redhill comes out as the 57th largest and the 60th most expensive in our analysis of the public data.
It is also £10k less expensive than the average property across the RH1 district.
From Meadowsweet, Redhill, the nearest station is Salfords (Surrey), 500 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Meadowsweet, Redhill, 47.1% of property is privately owned outright and 45.2% is privately owned with a mortgage.
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 Meadowsweet, Redhill, 17.7% of residents are recorded as possessing school level qualifications and 41.3% 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 Meadowsweet, Redhill, the average age was 40.8 and the most common age was 57.
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 Meadowsweet, Redhill, 1.6% 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 Meadowsweet, Redhill, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.
