According to the public record, 9, Ash Close, Redhill is a mid-century leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Ash Close, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
9, Ash Close, Redhill has 3 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated June 2024.
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 9 Ash Close Redhill as £293,159 and the rental value as £1,449 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 9 Ash Close Redhill has increased by £6,899 (2.4%) and its rental value has increased by £90 per month (6.2%).
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 9, Ash Close, Redhill is in very good condition we estimate a sale value of £307,817 and rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,638 and a rental value of £1,348 per month.
If you were able to purchase this property for the estimated value of £293,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,441 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, 9, Ash Close, Redhill was last sold on 02 Jun 2016 for £299,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jun 2016, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Ash Close, Redhill within a radius of 720 metres over the last 2 years.
The most recent example is 27, Chilberton Drive, Redhill, RH1 3HL, a Leasehold flat which sold for £307,500 in Oct 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ash Close, Merstham, Redhill, RH1 has a total of 41 addresses. According to our analysis of all the public data, 9, Ash Close, Redhill is the 27th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in RH1.
9, Ash Close, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2024.
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 9, Ash Close, Redhill is Merstham station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 9, Ash Close, 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 9, Ash Close, 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 9, Ash Close, 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 9, Ash Close, 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 9, Ash Close, 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.