According to the public record, 7, The Tannery, Redhill is a mid-century freehold house with 925 ft2 of internal area and sits on a 142 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Tannery, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
7, The Tannery, Redhill has a single entry in the Land Registry database from May 2018 and a single entry in the EPC database dated November 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 7 The Tannery Redhill as £333,737 and the rental value as £1,689 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 7 The Tannery Redhill has increased by £2,267 (0.7%) and its rental value has increased by £80 per month (4.7%).
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, The Tannery, Redhill is in very good condition we estimate a sale value of £350,423 and rental value of £1,773 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,375 and a rental value of £1,571 per month.
If you were able to purchase this property for the estimated value of £333,737, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,640 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, 7, The Tannery, Redhill sits on a plot of 142m2.
We have plot size data on 3 out of 12 other houses in the postcode and 7, The Tannery, Redhill sits on the largest plot.
According to HM Land Registry, 7, The Tannery, Redhill was last sold on 02 May 2018 for £286,560 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2018, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, The Tannery, Redhill within a radius of 430 metres over the last 2 years.
The most recent example is 51, Observatory Walk, Redhill, RH1 1HL, a Freehold house which sold for £387,000 in Oct 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Tannery, Redhill, RH1 has a total of 20 addresses. According to our analysis of all the public data, 7, The Tannery, Redhill is the 3rd largest and the 9th most expensive property on the street.
When compared to the postcode district it is £104k less expensive than the average property in RH1.
7, The Tannery, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, The Tannery, Redhill is Redhill station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, The Tannery, Redhill, 37.8% of property is privately owned with a mortgage and 25.2% 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 7, The Tannery, Redhill, 17.4% of residents are recorded as possessing school level qualifications and 47.1% 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, The Tannery, 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 7, The Tannery, 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, The Tannery, 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.