According to the public record, 11, Lilley Mead, Redhill is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,347 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Lilley Mead, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
11, Lilley Mead, Redhill has a single entry in the Land Registry database from December 2007 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.
•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 11 Lilley Mead Redhill as £572,207 and the rental value as £2,281 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 11 Lilley Mead Redhill has increased by £774 (0.1%) and its rental value has increased by £89 per month (3.9%).
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 11, Lilley Mead, Redhill is in very good condition we estimate a sale value of £600,817 and rental value of £2,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £532,152 and a rental value of £2,121 per month.
If you were able to purchase this property for the estimated value of £572,207, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,812 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 HM Land Registry, 11, Lilley Mead, Redhill was last sold on 19 Dec 2007 for £419,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2007, the market for similar properties has risen 60.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Lilley Mead, Redhill within a radius of 750 metres over the last 2 years.
The most recent example is 2, Daws Place, Redhill, RH1 2NZ, a Freehold house which sold for £535,000 in Dec 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lilley Mead, Redhill, RH1 has a total of 15 addresses. According to our analysis of all the public data, 11, Lilley Mead, Redhill is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in RH1.
The closest station to 11, Lilley Mead, Redhill is Merstham station which is 1.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 11, Lilley Mead, Redhill, 63.5% of property is privately owned with a mortgage and 19.2% is privately owned outright.
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 11, Lilley Mead, Redhill, 20.8% of residents are recorded as possessing school level qualifications and 57.7% 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 11, Lilley Mead, Redhill, the average age was 36.3 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 11, Lilley Mead, Redhill, 0.7% 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 11, Lilley Mead, Redhill, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.