According to the public record, 127, Malmstone Avenue, Redhill is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 374 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Malmstone Avenue, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
127, Malmstone Avenue, Redhill has 31 entries in the Land Registry database, most recently in September 2019 and a single entry in the EPC database dated May 2019.
We combine this information with that 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 127 Malmstone Avenue Redhill as £405,958 and the rental value as £1,999 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 127 Malmstone Avenue Redhill has increased by £9,425 (2.3%) and its rental value has increased by £122 per month (6.1%).
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 127, Malmstone Avenue, Redhill is in very good condition we estimate a sale value of £426,256 and rental value of £2,099 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £377,541 and a rental value of £1,859 per month.
If you were able to purchase this property for the estimated value of £405,958, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,995 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 data from HM Land Registry, 127, Malmstone Avenue, Redhill sits on a plot of 374m2.
We have plot size data on 23 out of 35 other houses in the postcode and 127, Malmstone Avenue, Redhill sits on the 3rd largest plot.
According to HM Land Registry, 127, Malmstone Avenue, Redhill was last sold on 11 Sep 2019 for £365,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Sep 2019, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 127, Malmstone Avenue, Redhill within a radius of 700 metres over the last 2 years.
The most recent example is 147, Taynton Drive, Redhill, RH1 3PS, a Freehold house which sold for £402,500 in Sep 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, 127, Malmstone Avenue, Redhill is the 60th largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £31k less expensive than the average property in RH1.
127, Malmstone Avenue, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 May 2019.
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 127, Malmstone Avenue, Redhill is Merstham station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 127, 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 127, 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 127, 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 127, 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 127, 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.