According to the public record, 8, Oakwood Close, Redhill is a mid-century freehold house with 1,087 ft2 of internal area and sits on a 226 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oakwood Close, South Nutfield, Redhill, RH1 is located in the borough of Tandridge within the RH1 postal district.
8, Oakwood Close, Redhill has a single entry in the Land Registry database from February 2014 and a single entry in the EPC database dated November 2013.
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 Oakwood Close Redhill as £419,431 and the rental value as £2,017 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 8 Oakwood Close Redhill has increased by £5,143 (1.2%) and its rental value has increased by £103 per month (5.1%).
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, Oakwood Close, Redhill is in very good condition we estimate a sale value of £440,403 and rental value of £2,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £390,071 and a rental value of £1,876 per month.
If you were able to purchase this property for the estimated value of £419,431, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,061 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, Oakwood Close, Redhill sits on a plot of 226m2.
We have plot size data on 6 out of 8 other houses in the postcode and 8, Oakwood Close, Redhill sits on the 3rd largest plot.
According to HM Land Registry, 8, Oakwood Close, Redhill was last sold on 14 Feb 2014 for £329,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 43.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Oakwood Close, Redhill within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 4, Netherleigh Park, Redhill, RH1 5NH, a Freehold house which sold for £425,000 in Jan 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Close, South Nutfield, Redhill, RH1 has a total of 8 addresses. According to our analysis of all the public data, 8, Oakwood Close, Redhill is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £18k less expensive than the average property in RH1.
8, Oakwood Close, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2013.
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, Oakwood Close, Redhill is Nutfield station which is 200 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Oakwood Close, Redhill, 42.5% of property is privately owned with a mortgage and 30.1% 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, Oakwood Close, Redhill, 20.3% of residents are recorded as possessing school level qualifications and 42.9% 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, Oakwood Close, Redhill, the average age was 42.8 and the most common age was 57.
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, Oakwood 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, Oakwood Close, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.