According to the public record, 7, Thornton Side, Redhill is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Thornton Side, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
7, Thornton Side, Redhill has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated July 2019.
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 Thornton Side Redhill as £251,293 and the rental value as £1,255 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 7 Thornton Side Redhill has increased by £3,453 (1.4%) and its rental value has increased by £66 per month (5.2%).
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, Thornton Side, Redhill is in very good condition we estimate a sale value of £263,858 and rental value of £1,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,703 and a rental value of £1,167 per month.
If you were able to purchase this property for the estimated value of £251,293, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,235 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, 7, Thornton Side, Redhill was last sold on 16 Jun 2016 for £260,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Thornton Side, Redhill within a radius of 670 metres over the last 2 years.
The most recent example is 27, Thornton Side, Redhill, RH1 2NP, a Leasehold flat which sold for £270,000 in Jul 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thornton Side, Redhill, RH1 has a total of 34 addresses. According to our analysis of all the public data, 7, Thornton Side, Redhill is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £186k less expensive than the average property in RH1.
7, Thornton Side, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2019.
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, Thornton Side, Redhill is Merstham station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Thornton Side, Redhill, 35.9% of property is socially rented and 25.2% 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 7, Thornton Side, Redhill, 18.6% of residents are recorded as possessing school level qualifications and 29.8% 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, Thornton Side, 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 7, Thornton Side, Redhill, 0.2% 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, Thornton Side, 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.