According to the public record, 55, Somerset Road, Redhill is a period freehold house with 1,302 ft2 of internal area and sits on a 258 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Somerset Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
55, Somerset Road, Redhill has 21 entries in the Land Registry database, most recently in August 2006 and a single entry in the EPC database dated June 2018.
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 55 Somerset Road Redhill as £664,604 and the rental value as £2,339 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 55 Somerset Road Redhill has decreased by £7,150 (1.1%) and its rental value has increased by £80 per month (3.4%).
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 55, Somerset Road, Redhill is in very good condition we estimate a sale value of £697,834 and rental value of £2,456 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £618,082 and a rental value of £2,175 per month.
If you were able to purchase this property for the estimated value of £664,604, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,266 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, 55, Somerset Road, Redhill sits on a plot of 258m2.
We have plot size data on 21 out of 36 other houses in the postcode and 55, Somerset Road, Redhill sits on the 16th largest plot.
According to HM Land Registry, 55, Somerset Road, Redhill was last sold on 24 Aug 2006 for £390,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Somerset Road, Redhill within a radius of 760 metres over the last 2 years.
The most recent example is 71, Somerset Road, Redhill, RH1 6ND, a Freehold house which sold for £592,500 in Feb 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, Redhill, RH1 has a total of 136 addresses. According to our analysis of all the public data, 55, Somerset Road, Redhill is the 33rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £227k more expensive than the average property in RH1.
55, Somerset Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2018.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to 55, Somerset Road, Redhill is Earlswood (Surrey) station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 55, Somerset Road, Redhill, 42.5% of property is privately owned with a mortgage and 29.9% 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 55, Somerset Road, Redhill, 24.7% of residents are recorded as possessing school level qualifications and 53.0% 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 55, Somerset Road, Redhill, the average age was 39.1 and the most common age was 12.
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 55, Somerset Road, Redhill, 0.5% 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 55, Somerset Road, Redhill, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.