According to the public record, 2, London Road South, Redhill is a mid-century freehold house with 1,560 ft2 of internal area and sits on a 988 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
London Road South, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
2, London Road South, Redhill has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated March 2018.
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 2 London Road South Redhill as £810,943 and the rental value as £2,406 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 2 London Road South Redhill has decreased by £3,353 (0.4%) and its rental value has increased by £78 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, London Road South, Redhill is in very good condition we estimate a sale value of £851,490 and rental value of £2,526 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £754,177 and a rental value of £2,238 per month.
If you were able to purchase this property for the estimated value of £810,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,986 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, London Road South, Redhill sits on a plot of 988m2.
We have plot size data on 15 out of 19 other houses in the postcode and 2, London Road South, Redhill sits on the 4th largest plot.
According to HM Land Registry, 2, London Road South, Redhill was last sold on 01 Oct 2018 for £635,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 15.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, London Road South, Redhill within a radius of 860 metres over the last 2 years.
The most recent example is 8, Grange Close, Redhill, RH1 3DY, a Freehold house which sold for £835,000 in Nov 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road South, Merstham, Redhill, RH1 has a total of 108 addresses. According to our analysis of all the public data, 2, London Road South, Redhill is the 25th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £374k more expensive than the average property in RH1.
2, London Road South, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2018.
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 2, London Road South, Redhill is Merstham station which is 400 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 2, London Road South, Redhill, 51.4% of property is privately owned with a mortgage and 37.4% 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 2, London Road South, Redhill, 24.6% of residents are recorded as possessing school level qualifications and 47.9% 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, London Road South, Redhill, the average age was 41.7 and the most common age was 12.
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, London Road South, 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 2, London Road South, Redhill, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.