According to the public record, 17, Chestnut Mead, Redhill is a modern apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Chestnut Mead, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
17, Chestnut Mead, Redhill has no recent1 records in the Land Registry database and a single entry in the EPC database dated May 2023.
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.
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 17 Chestnut Mead Redhill as £136,029 and the rental value as £759 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 17 Chestnut Mead Redhill has increased by £1,427 (1.0%) and its rental value has increased by £38 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 17, Chestnut Mead, Redhill is in very good condition we estimate a sale value of £142,831 and rental value of £797 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £126,507 and a rental value of £706 per month.
If you were able to purchase this property for the estimated value of £136,029, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £669 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, 17, Chestnut Mead, Redhill was last sold on 02 Aug 2005 for £130,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 17, Chestnut Mead, Redhill within a radius of 480 metres over the last 2 years.
The most recent example is 5, Chestnut Mead, Redhill, RH1 1DR, a Leasehold flat which sold for £130,000 in Jul 2020.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Mead, Redhill, RH1 has a total of 20 addresses. According to our analysis of all the public data, 17, Chestnut Mead, Redhill is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £301k less expensive than the average property in RH1.
17, Chestnut Mead, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 17, Chestnut Mead, Redhill is Redhill station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 17, Chestnut Mead, Redhill, 50.3% of property is privately owned outright and 27.2% is privately rented.
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 17, Chestnut Mead, Redhill, 15.3% of residents are recorded as possessing school level qualifications and 44.4% 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 17, Chestnut Mead, Redhill, the average age was 38.6 and the most common age was 37.
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 17, Chestnut Mead, Redhill, 1.6% 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 17, Chestnut Mead, Redhill, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.