According to the public record, 43, Observatory Walk, Redhill is a mid-century house with 878 ft2 of internal area and sits on a 117 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Observatory Walk, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
43, Observatory Walk, Redhill has no records in the Land Registry database and a single entry in the EPC database dated November 2009.
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 43 Observatory Walk Redhill as £300,661 and the rental value as £1,534 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 43 Observatory Walk Redhill has increased by £6,679 (2.2%) and its rental value has increased by £93 per month (6.0%).
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 43, Observatory Walk, Redhill is in very good condition we estimate a sale value of £315,694 and rental value of £1,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,615 and a rental value of £1,427 per month.
If you were able to purchase this property for the estimated value of £300,661, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,478 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, 43, Observatory Walk, Redhill sits on a plot of 117m2.
We have plot size data on 16 out of 23 other houses in the postcode and 43, Observatory Walk, Redhill sits on the 11th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Observatory Walk, Redhill within a radius of 400 metres over the last 2 years.
The most recent example is 51, Observatory Walk, Redhill, RH1 1HL, a Freehold house which sold for £387,000 in Oct 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Observatory Walk, Redhill, RH1 has a total of 52 addresses. According to our analysis of all the public data, 43, Observatory Walk, Redhill is the 27th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in RH1.
43, Observatory Walk, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2009.
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 43, Observatory Walk, Redhill is Redhill station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 43, Observatory Walk, Redhill, 51.4% of property is privately rented and 27.0% is socially 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 43, Observatory Walk, Redhill, 20.9% of residents are recorded as possessing school level qualifications and 54.3% 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 43, Observatory Walk, 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 43, Observatory Walk, Redhill, 0.7% 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 43, Observatory Walk, Redhill, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.