According to the public record, 8, Chestnut Close, Redhill is a modern freehold house with 804 ft2 of internal area and sits on a 50.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chestnut Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
8, Chestnut Close, Redhill has 2 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated June 2011.
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 8 Chestnut Close Redhill as £340,967 and the rental value as £1,763 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 8 Chestnut Close Redhill has increased by £6,062 (1.8%) and its rental value has increased by £99 per month (5.6%).
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, Chestnut Close, Redhill is in very good condition we estimate a sale value of £358,016 and rental value of £1,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £317,100 and a rental value of £1,639 per month.
If you were able to purchase this property for the estimated value of £340,967, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,676 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, Chestnut Close, Redhill sits on a plot of 50m2.
We have plot size data on 7 out of 8 other houses in the postcode and 8, Chestnut Close, Redhill sits on the 6th largest plot.
According to HM Land Registry, 8, Chestnut Close, Redhill was last sold on 18 Nov 2016 for £300,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 12.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chestnut Close, Redhill within a radius of 860 metres over the last 2 years.
The most recent example is 7, Crofters Close, Redhill, RH1 6QX, a Leasehold house which sold for £375,000 in Jun 2024.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chestnut Close, Redhill, RH1 has a total of 8 addresses. According to our analysis of all the public data, 8, Chestnut Close, Redhill is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £96k less expensive than the average property in RH1.
8, Chestnut Close, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2011.
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 8, Chestnut Close, Redhill is Earlswood (Surrey) station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Chestnut Close, Redhill, 74.4% of property is privately owned outright and 17.1% 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 8, Chestnut Close, Redhill, 6.9% of residents are recorded as possessing school level qualifications and 36.7% 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, Chestnut 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 8, Chestnut 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 8, Chestnut Close, Redhill, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.