The Mere, Redhill
The Mere, Redhill
Description & Estimates
The public record lists The Mere, Redhill as a freehold house sitting on a 15,367 m2 plot.
Comparison with its neighbours suggests a period house with 2,269 ft2 of internal area and a garden.
In this area, houses of this size normally have 5 bedrooms.
The Mere, Redhill has an estimated sale value of £901,293 and an estimated rental value of £3,380 per month, assuming reasonable condition and based on the information available.
Rockshaw Road, Merstham, Redhill, RH1 lies in the borough of Reigate and Banstead, within the RH1 postal district.
Our Data Sources
The Mere, Redhill has a single entry in the Land Registry from May 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate The Mere, Redhill would be worth £946,357, with a potential rental value of £3,549 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £838,202, with a rental value of £3,143 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 The Mere, Redhill has fallen by £19,719 (2.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £99 (2.9%). The property's estimated gross yield is currently 4.5%.
Plot Size
The Mere, Redhill occupies a 15,367 m2 plot as recorded by HM Land Registry.
All 12 other houses in this postcode have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
The Mere, Redhill last changed hands on 1st May 2013, selling for £820,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 77.0% since May 2013.
- Sold May 2013£820,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of The Mere, Redhill across the last 2 years.
Most recently, Garthside, Rockshaw Road, Redhill, RH1 3DB, a freehold house, sold at £619,000 on the 22nd March 2019.
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 The Mere, Redhill as the 31st largest and the 29th most expensive of the 59 addresses on Rockshaw Road, Merstham, Redhill, RH1.
Against the RH1 postcode district average, it is £447k more expensive than the typical property.
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Schools Nearby
- 700mFurzefield Primary Academy
- 1.4kmMerstham Primary School
- 1.7kmSt Peter and St Paul Church Primary School
- 1.2kmMerstham Park School
- 3.3kmCarrington School
- 3.4kmSt Bede's School
More reading links
Public Transport Nearby
Merstham station is the nearest stop to The Mere, Redhill at 1.1 kilometres away.
- 1.1kmMerstham
- 3.7kmRedhill
- 4.3kmCaterham
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
