According to the public record, 103, Malmstone Avenue, Redhill is a mid-century house with 1,528 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Malmstone Avenue, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
103, Malmstone Avenue, Redhill has no records in the Land Registry database and a single entry in the EPC database dated October 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 103 Malmstone Avenue Redhill as £492,869 and the rental value as £2,264 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 103 Malmstone Avenue Redhill has increased by £6,373 (1.3%) and its rental value has increased by £114 per month (5.0%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 103, Malmstone Avenue, Redhill is in very good condition we estimate a sale value of £517,512 and rental value of £2,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,368 and a rental value of £2,106 per month.
If you were able to purchase this property for the estimated value of £492,869, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,422 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 103, Malmstone Avenue, Redhill within a radius of 630 metres over the last 2 years.
The most recent example is 2, Dundrey Crescent, Redhill, RH1 3NY, a Freehold house which sold for £490,000 in Mar 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malmstone Avenue, Merstham, Redhill, RH1 has a total of 177 addresses. According to our analysis of all the public data, 103, Malmstone Avenue, Redhill is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in RH1.
103, Malmstone Avenue, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 103, Malmstone Avenue, Redhill is Merstham station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 103, Malmstone Avenue, Redhill, 50.4% of property is socially rented and 33.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 103, Malmstone Avenue, Redhill, 24.4% of residents are recorded as possessing school level qualifications and 32.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 103, Malmstone Avenue, 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 103, Malmstone Avenue, Redhill, 0.0% 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 103, Malmstone Avenue, Redhill, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.