According to the public record, 54, Holmesdale Avenue, Redhill is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 955 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Holmesdale Avenue, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
54, Holmesdale Avenue, Redhill has a single entry in the Land Registry database from May 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 54 Holmesdale Avenue Redhill as £435,681 and the rental value as £1,981 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 54 Holmesdale Avenue Redhill has increased by £7,347 (1.7%) and its rental value has increased by £109 per month (5.5%).
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 54, Holmesdale Avenue, Redhill is in very good condition we estimate a sale value of £457,465 and rental value of £2,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,183 and a rental value of £1,842 per month.
If you were able to purchase this property for the estimated value of £435,681, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,141 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, 54, Holmesdale Avenue, Redhill was last sold on 30 May 2008 for £265,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 73.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 54, Holmesdale Avenue, Redhill within a radius of 770 metres over the last 2 years.
The most recent example is 2, Jeremiah Court, Redhill, RH1 2NE, a Freehold house which sold for £437,500 in Jun 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Holmesdale Avenue, Redhill, RH1 has a total of 52 addresses. According to our analysis of all the public data, 54, Holmesdale Avenue, Redhill is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in RH1.
The closest station to 54, Holmesdale Avenue, Redhill is Merstham station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 54, Holmesdale Avenue, Redhill, 49.2% of property is privately owned with a mortgage and 20.7% 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 54, Holmesdale Avenue, Redhill, 23.4% of residents are recorded as possessing school level qualifications and 47.7% 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 54, Holmesdale Avenue, 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 54, Holmesdale Avenue, Redhill, 1.5% 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 54, Holmesdale Avenue, 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.