According to the public record, 47, Reed Drive, Redhill is a modern freehold house with 1,313 ft2 of internal area and sits on a 178 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reed Drive, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
47, Reed Drive, Redhill has 31 entries in the Land Registry database, most recently in August 2017 and a single entry in the EPC database dated September 2015.
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 47 Reed Drive Redhill as £579,075 and the rental value as £2,230 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 47 Reed Drive Redhill has increased by £1,702 (0.3%) and its rental value has increased by £96 per month (4.3%).
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 47, Reed Drive, Redhill is in very good condition we estimate a sale value of £608,029 and rental value of £2,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,540 and a rental value of £2,074 per month.
If you were able to purchase this property for the estimated value of £579,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,846 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, 47, Reed Drive, Redhill sits on a plot of 178m2.
We have plot size data on 8 out of 13 other houses in the postcode and 47, Reed Drive, Redhill sits on the 3rd largest plot.
According to HM Land Registry, 47, Reed Drive, Redhill was last sold on 25 Aug 2017 for £590,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2017, the market for similar properties has risen 12.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Reed Drive, Redhill within a radius of 860 metres over the last 2 years.
The most recent example is 16, Cambridge Square, Redhill, RH1 6TG, a Freehold house which sold for £565,000 in Aug 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reed Drive, Redhill, RH1 has a total of 67 addresses. According to our analysis of all the public data, 47, Reed Drive, Redhill is the 34th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in RH1.
47, Reed Drive, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Sep 2015.
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 47, Reed Drive, Redhill is Earlswood (Surrey) station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 47, Reed Drive, Redhill, 49.6% of property is privately owned with a mortgage and 30.1% 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 47, Reed Drive, Redhill, 16.1% of residents are recorded as possessing school level qualifications and 58.7% 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 47, Reed Drive, Redhill, the average age was 38.9 and the most common age was 32.
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 47, Reed Drive, Redhill, 0.6% 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 47, Reed Drive, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.