According to the public record, 5, Ridgemount Way, Redhill is a modern freehold house with 1,776 ft2 of internal area and sits on a 468 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ridgemount Way, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
5, Ridgemount Way, Redhill has 21 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated August 2020.
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 5 Ridgemount Way Redhill as £888,671 and the rental value as £2,522 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 5 Ridgemount Way Redhill has decreased by £5,518 (0.6%) and its rental value has increased by £88 per month (3.5%).
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 5, Ridgemount Way, Redhill is in very good condition we estimate a sale value of £933,105 and rental value of £2,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £826,464 and a rental value of £2,345 per month.
If you were able to purchase this property for the estimated value of £888,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,368 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, 5, Ridgemount Way, Redhill sits on a plot of 468m2.
We have plot size data on 7 out of 15 other houses in the postcode and 5, Ridgemount Way, Redhill sits on the 7th largest plot.
According to HM Land Registry, 5, Ridgemount Way, Redhill was last sold on 26 Jan 2021 for £892,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ridgemount Way, Redhill within a radius of 830 metres over the last 2 years.
The most recent example is 11, Ridgemount Way, Redhill, RH1 6JT, a Freehold house which sold for £840,000 in Oct 2020.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgemount Way, Redhill, RH1 has a total of 15 addresses. According to our analysis of all the public data, 5, Ridgemount Way, Redhill is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £451k more expensive than the average property in RH1.
5, Ridgemount Way, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Aug 2020.
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 5, Ridgemount Way, Redhill is Earlswood (Surrey) station which is 800 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Ridgemount Way, Redhill, 51.4% of property is privately owned outright and 45.1% is privately owned with a mortgage.
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 5, Ridgemount Way, Redhill, 21.4% of residents are recorded as possessing school level qualifications and 56.2% 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 5, Ridgemount Way, Redhill, the average age was 39.5 and the most common age was 47.
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 5, Ridgemount Way, Redhill, 2.8% 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 5, Ridgemount Way, Redhill, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.