According to the public record, 7, Edgefield Close, Redhill is a mid-century apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Edgefield Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
7, Edgefield Close, Redhill has no records in the Land Registry database and a single entry in the EPC database dated September 2014.
We combine this information with public data 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 7 Edgefield Close Redhill as £196,422 and the rental value as £1,090 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 7 Edgefield Close Redhill has increased by £2,111 (1.1%) and its rental value has increased by £56 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 7, Edgefield Close, Redhill is in very good condition we estimate a sale value of £206,243 and rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,673 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £196,422, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £965 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Edgefield Close, Redhill within a radius of 860 metres over the last 2 years.
The most recent example is 25, Grantwood Close, Redhill, RH1 5SN, a Leasehold flat which sold for £190,000 in Mar 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Edgefield Close, Redhill, RH1 has a total of 36 addresses. According to our analysis of all the public data, 7, Edgefield Close, Redhill is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £241k less expensive than the average property in RH1.
7, Edgefield Close, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Sep 2014.
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 7, Edgefield Close, Redhill is Earlswood (Surrey) station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Edgefield Close, Redhill, 47.6% of property is socially rented and 21.4% 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 7, Edgefield Close, Redhill, 24.2% of residents are recorded as possessing school level qualifications and 28.0% 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 7, Edgefield Close, Redhill, the average age was 38.9 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 7, Edgefield Close, Redhill, 0.0% 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 7, Edgefield Close, Redhill, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.