According to the public record, 92, Somerset Road, Redhill is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,194 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Somerset Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
92, Somerset Road, Redhill has a single entry in the Land Registry database from March 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 92 Somerset Road Redhill as £637,044 and the rental value as £2,379 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 92 Somerset Road Redhill has decreased by £6,853 (1.1%) and its rental value has increased by £82 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 92, Somerset Road, Redhill is in very good condition we estimate a sale value of £668,896 and rental value of £2,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £592,451 and a rental value of £2,213 per month.
If you were able to purchase this property for the estimated value of £637,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,131 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, 92, Somerset Road, Redhill was last sold on 06 Mar 2006 for £365,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 92, Somerset Road, Redhill within a radius of 720 metres over the last 2 years.
The most recent example is 73, Somerset Road, Redhill, RH1 6ND, a Freehold house which sold for £450,000 in Aug 2020.
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, 92, Somerset Road, Redhill is the 44th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £200k more expensive than the average property in RH1.
The closest station to 92, 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 92, 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 92, 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 92, 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 92, 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 92, 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.