According to the public record, 48, Reeds Meadow, Redhill is a modern freehold house with 1,566 ft2 of internal area and sits on a 138 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reeds Meadow, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
48, Reeds Meadow, Redhill has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated March 2010.
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 48 Reeds Meadow Redhill as £567,887 and the rental value as £2,359 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 48 Reeds Meadow Redhill has increased by £242 (0.0%) and its rental value has increased by £91 per month (3.8%).
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 48, Reeds Meadow, Redhill is in very good condition we estimate a sale value of £596,281 and rental value of £2,477 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £528,135 and a rental value of £2,194 per month.
If you were able to purchase this property for the estimated value of £567,887, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,791 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, 48, Reeds Meadow, Redhill sits on a plot of 138m2.
We have plot size data on 47 out of 53 other houses in the postcode and 48, Reeds Meadow, Redhill sits on the 19th largest plot.
According to HM Land Registry, 48, Reeds Meadow, Redhill was last sold on 20 Dec 2010 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 60.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Reeds Meadow, Redhill within a radius of 660 metres over the last 2 years.
The most recent example is 7, Reeds Meadow, Redhill, RH1 2FJ, a Freehold house which sold for £640,000 in Jul 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reeds Meadow, Redhill, RH1 has a total of 62 addresses. According to our analysis of all the public data, 48, Reeds Meadow, Redhill is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £130k more expensive than the average property in RH1.
48, Reeds Meadow, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Mar 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 48, Reeds Meadow, Redhill is Merstham station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Reeds Meadow, Redhill, 35.9% of property is socially rented and 25.2% 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 48, Reeds Meadow, Redhill, 18.6% of residents are recorded as possessing school level qualifications and 29.8% 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 48, Reeds Meadow, Redhill, the average age was 36.3 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 48, Reeds Meadow, Redhill, 0.2% 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 48, Reeds Meadow, Redhill, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.