According to the public record, 71, Somerset Road, Redhill is a period freehold house with 1,442 ft2 of internal area and sits on a 284 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.
71, Somerset Road, Redhill has a single entry in the Land Registry database from February 2023 and a single entry in the EPC database dated November 2021.
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 71 Somerset Road Redhill as £689,759 and the rental value as £2,362 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 71 Somerset Road Redhill has decreased by £7,420 (1.1%) and its rental value has increased by £81 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 71, Somerset Road, Redhill is in very good condition we estimate a sale value of £724,247 and rental value of £2,480 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £641,476 and a rental value of £2,197 per month.
If you were able to purchase this property for the estimated value of £689,759, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,390 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, 71, Somerset Road, Redhill sits on a plot of 284m2.
We have plot size data on 21 out of 36 other houses in the postcode and 71, Somerset Road, Redhill sits on the 15th largest plot.
According to HM Land Registry, 71, Somerset Road, Redhill was last sold on 03 Feb 2023 for £592,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2023, the market for similar properties has dropped 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Somerset Road, Redhill within a radius of 720 metres over the last 2 years.
The most recent example is 34, Clarence Walk, Redhill, RH1 6NE, a Freehold house which sold for £780,000 in Apr 2021.
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, 71, Somerset Road, Redhill is the 29th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £252k more expensive than the average property in RH1.
71, Somerset Road, Redhill has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 71, 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 71, 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 71, 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 71, 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 71, 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 71, 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.