According to the public record, Broomwood, Redhill is a early-century freehold house with 1,872 ft2 of internal area and sits on a 1,057 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Netherne Lane, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Broomwood, Redhill has 21 entries in the Land Registry database, most recently in June 2020 and a single entry in the EPC database dated April 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 Broomwood Redhill as £939,504 and the rental value as £2,722 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of Broomwood Redhill has decreased by £3,311 (0.4%) and its rental value has increased by £76 per month (2.8%).
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 Broomwood, Redhill is in very good condition we estimate a sale value of £986,479 and rental value of £2,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £873,739 and a rental value of £2,532 per month.
If you were able to purchase this property for the estimated value of £939,504, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,617 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, Broomwood, Redhill sits on a plot of 1057m2.
We have plot size data on 5 out of 13 other houses in the postcode and Broomwood, Redhill sits on the 2nd largest plot.
According to HM Land Registry, Broomwood, Redhill was last sold on 04 Jun 2020 for £770,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2020, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Broomwood, Redhill within a radius of 2.2 kilometres over the last 2 years.
The most recent example is 3, Jennys Way, Coulsdon, CR5 1RP, a Freehold house which sold for £1,000,000 in Sep 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Netherne Lane, Merstham, Redhill, RH1 has a total of 13 addresses. According to our analysis of all the public data, Broomwood, Redhill is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £502k more expensive than the average property in RH1.
Broomwood, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Apr 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Broomwood, Redhill is Merstham station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Broomwood, Redhill, 59.2% of property is privately owned with a mortgage and 31.1% 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 Broomwood, Redhill, 27.0% of residents are recorded as possessing school level qualifications and 47.8% 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 Broomwood, Redhill, the average age was 41.6 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 Broomwood, Redhill, 2.8% 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 Broomwood, Redhill, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.