According to the public record, 2, Mead Close, Redhill is a mid-century house with 882 ft2 of internal area and sits on a 218 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mead Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
2, Mead Close, Redhill has no records in the Land Registry database and a single entry in the EPC database dated June 2022.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Mead Close Redhill as £377,790 and the rental value as £1,926 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Mead Close Redhill has increased by £6,473 (1.7%) and its rental value has increased by £108 per month (5.6%).
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, Mead Close, Redhill is in very good condition we estimate a sale value of £396,680 and rental value of £2,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,345 and a rental value of £1,791 per month.
If you were able to purchase this property for the estimated value of £377,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,857 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, Mead Close, Redhill sits on a plot of 218m2.
We have plot size data on 3 out of 4 other houses in the postcode and 2, Mead Close, Redhill sits on the 4th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mead Close, Redhill within a radius of 520 metres over the last 2 years.
The most recent example is 24, Colesmead Road, Redhill, RH1 2EW, a Freehold house which sold for £377,000 in Oct 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mead Close, Redhill, RH1 has a total of 10 addresses. According to our analysis of all the public data, 2, Mead Close, Redhill is the largest and the most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in RH1.
2, Mead Close, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jun 2022.
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, Mead Close, Redhill is Redhill station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mead Close, Redhill, 28.5% of property is privately owned outright and 28.5% 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 2, Mead Close, Redhill, 21.6% of residents are recorded as possessing school level qualifications and 36.7% 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, Mead Close, 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 2, Mead Close, Redhill, 0.5% 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, Mead Close, Redhill, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.