According to the public record, 2 Lake Farm Cottages, Redhill is a period freehold house with 1,496 ft2 of internal area and sits on a 461 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pendell Road, Bletchingley, Redhill, RH1 is located in the borough of Tandridge within the RH1 postal district.
2 Lake Farm Cottages, Redhill has 21 entries in the Land Registry database, most recently in December 2013 and a single entry in the EPC database dated July 2023.
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 2 Lake Farm Cottages Redhill as £745,941 and the rental value as £2,261 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 2 Lake Farm Cottages Redhill has decreased by £1,673 (0.2%) and its rental value has increased by £71 per month (3.2%).
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 2 Lake Farm Cottages, Redhill is in very good condition we estimate a sale value of £783,238 and rental value of £2,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £693,725 and a rental value of £2,103 per month.
If you were able to purchase this property for the estimated value of £745,941, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,666 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, 2 Lake Farm Cottages, Redhill sits on a plot of 461m2.
We have plot size data on 19 out of 28 other houses in the postcode and 2 Lake Farm Cottages, Redhill sits on the 12th largest plot.
According to HM Land Registry, 2 Lake Farm Cottages, Redhill was last sold on 20 Dec 2013 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2013, the market for similar properties has risen 43.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Lake Farm Cottages, Redhill within a radius of 2.1 kilometres over the last 2 years.
The most recent example is South Lodge, Pendell Court, Pendell Road, Redhill, RH1 4QH, a Freehold house which sold for £700,000 in Nov 2021.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pendell Road, Bletchingley, Redhill, RH1 has a total of 35 addresses. According to our analysis of all the public data, 2 Lake Farm Cottages, Redhill is the 20th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £309k more expensive than the average property in RH1.
2 Lake Farm Cottages, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Jul 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 2 Lake Farm Cottages, Redhill is Merstham station which is 2.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Lake Farm Cottages, Redhill, 42.1% of property is privately owned outright and 35.4% 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 2 Lake Farm Cottages, Redhill, 13.9% of residents are recorded as possessing school level qualifications and 35.8% 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 2 Lake Farm Cottages, Redhill, the average age was 42.8 and the most common age was 57.
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 2 Lake Farm Cottages, Redhill, 3.6% 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 2 Lake Farm Cottages, Redhill, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.