According to the public record, 8, Bourne Road, Redhill is a period freehold house with 1,323 ft2 of internal area and sits on a 507 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Bourne Road, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
8, Bourne Road, Redhill has 31 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 2018.
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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Bourne Road Redhill as £580,948 and the rental value as £2,317 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Bourne Road Redhill has decreased by £787 (0.1%) and its rental value has increased by £85 per month (3.7%).
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 8, Bourne Road, Redhill is in very good condition we estimate a sale value of £609,996 and rental value of £2,433 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £540,282 and a rental value of £2,155 per month.
If you were able to purchase this property for the estimated value of £580,948, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,855 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, 8, Bourne Road, Redhill sits on a plot of 507m2.
We have plot size data on 18 out of 28 other houses in the postcode and 8, Bourne Road, Redhill sits on the largest plot.
According to HM Land Registry, 8, Bourne Road, Redhill was last sold on 11 Mar 2021 for £575,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Bourne Road, Redhill within a radius of 660 metres over the last 2 years.
The most recent example is 76, Nutfield Road, Redhill, RH1 3HA, a Freehold house which sold for £615,000 in Jan 2024.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bourne Road, Merstham, Redhill, RH1 has a total of 29 addresses. According to our analysis of all the public data, 8, Bourne Road, Redhill is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in RH1.
8, Bourne Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2018.
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 8, Bourne Road, Redhill is Merstham station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Bourne Road, Redhill, 46.5% of property is privately owned with a mortgage and 41.7% 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 8, Bourne Road, Redhill, 16.2% of residents are recorded as possessing school level qualifications and 40.2% 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 8, Bourne Road, Redhill, the average age was 37.2 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 8, Bourne Road, Redhill, 1.1% 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 8, Bourne Road, 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.