According to the public record, 56, Brooklands Way, Redhill is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 586 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Brooklands Way, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
56, Brooklands Way, Redhill has a single entry in the Land Registry database from February 2018 and a single entry in the EPC database dated September 2017.
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 56 Brooklands Way Redhill as £581,243 and the rental value as £2,108 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 56 Brooklands Way Redhill has increased by £7,623 (1.3%) and its rental value has increased by £108 per month (5.1%).
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 56, Brooklands Way, Redhill is in very good condition we estimate a sale value of £610,305 and rental value of £2,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £540,556 and a rental value of £1,961 per month.
If you were able to purchase this property for the estimated value of £581,243, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,857 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, 56, Brooklands Way, Redhill sits on a plot of 586m2.
We have plot size data on 18 out of 31 other houses in the postcode and 56, Brooklands Way, Redhill sits on the 6th largest plot.
According to HM Land Registry, 56, Brooklands Way, Redhill was last sold on 02 Feb 2018 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2018, the market for similar properties has risen 14.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Brooklands Way, Redhill within a radius of 470 metres over the last 2 years.
The most recent example is 1, Hurstleigh Drive, Redhill, RH1 2AA, a Freehold house which sold for £605,000 in Mar 2021.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brooklands Way, Redhill, RH1 has a total of 71 addresses. According to our analysis of all the public data, 56, Brooklands Way, Redhill is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in RH1.
56, Brooklands Way, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Sep 2017.
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 56, Brooklands Way, Redhill is Redhill station which is 900 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Brooklands Way, Redhill, 54.6% of property is privately owned outright and 40.5% 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 56, Brooklands Way, Redhill, 19.2% of residents are recorded as possessing school level qualifications and 50.2% 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 56, Brooklands Way, 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 56, Brooklands Way, Redhill, 1.6% 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 56, Brooklands Way, Redhill, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.