According to the public record, 49, Green Lane, Redhill is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,110 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Green Lane, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
49, Green Lane, Redhill has a single entry in the Land Registry database from October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 49 Green Lane Redhill as £532,497 and the rental value as £2,150 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 49 Green Lane Redhill has increased by £2,743 (0.5%) and its rental value has increased by £96 per month (4.5%).
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 49, Green Lane, Redhill is in very good condition we estimate a sale value of £559,122 and rental value of £2,257 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £495,222 and a rental value of £1,999 per month.
If you were able to purchase this property for the estimated value of £532,497, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,617 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 HM Land Registry, 49, Green Lane, Redhill was last sold on 09 Oct 2008 for £328,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 86.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Green Lane, Redhill within a radius of 750 metres over the last 2 years.
The most recent example is 59, Green Lane, Redhill, RH1 2DF, a Freehold house which sold for £525,000 in Jul 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Redhill, RH1 has a total of 68 addresses. According to our analysis of all the public data, 49, Green Lane, Redhill is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in RH1.
The closest station to 49, Green Lane, Redhill is Redhill station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Green Lane, Redhill, 51.9% of property is privately owned with a mortgage and 38.0% 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 49, Green Lane, Redhill, 17.0% of residents are recorded as possessing school level qualifications and 45.2% 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 49, Green Lane, 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 49, Green Lane, 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 49, Green Lane, Redhill, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.