According to the public record, 15, Southcote Road, Redhill is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 297 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Southcote Road, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
15, Southcote Road, Redhill has a single entry in the Land Registry database from March 2022 and a single entry in the EPC database dated June 2021.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 15 Southcote Road Redhill as £508,356 and the rental value as £2,121 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 15 Southcote Road Redhill has increased by £10,971 (2.2%) and its rental value has increased by £125 per month (5.9%).
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 15, Southcote Road, Redhill is in very good condition we estimate a sale value of £533,774 and rental value of £2,227 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £472,771 and a rental value of £1,972 per month.
If you were able to purchase this property for the estimated value of £508,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,498 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, 15, Southcote Road, Redhill sits on a plot of 297m2.
We have plot size data on 14 out of 24 other houses in the postcode and 15, Southcote Road, Redhill sits on the 9th largest plot.
According to HM Land Registry, 15, Southcote Road, Redhill was last sold on 23 Mar 2022 for £510,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2022, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Southcote Road, Redhill within a radius of 600 metres over the last 2 years.
The most recent example is 24, Endsleigh Road, Redhill, RH1 3LX, a Freehold house which sold for £425,000 in Dec 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southcote Road, Merstham, Redhill, RH1 has a total of 25 addresses. According to our analysis of all the public data, 15, Southcote Road, Redhill is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £71k more expensive than the average property in RH1.
15, Southcote Road, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2021.
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 15, Southcote Road, 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 15, Southcote Road, Redhill, 40.8% of property is privately owned with a mortgage and 33.1% 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 15, Southcote Road, Redhill, 13.7% of residents are recorded as possessing school level qualifications and 41.8% 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 15, Southcote Road, 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 15, Southcote Road, Redhill, 1.3% 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 15, Southcote Road, Redhill, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.