According to the public record, Chapel Cottage, Redhill is a period freehold house with 1,474 ft2 of internal area and sits on a 1,098 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Oakwood Road, Merstham, Redhill, RH1 is located in the borough of Tandridge within the RH1 postal district.
Chapel Cottage, Redhill has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated July 2014.
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 Chapel Cottage Redhill as £592,046 and the rental value as £2,451 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Chapel Cottage Redhill has decreased by £1,328 (0.2%) and its rental value has increased by £77 per month (3.2%).
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 Chapel Cottage, Redhill is in very good condition we estimate a sale value of £621,649 and rental value of £2,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £550,603 and a rental value of £2,280 per month.
If you were able to purchase this property for the estimated value of £592,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,910 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, Chapel Cottage, Redhill sits on a plot of 1098m2.
We have plot size data on 9 out of 15 other houses in the postcode and Chapel Cottage, Redhill sits on the 3rd largest plot.
According to HM Land Registry, Chapel Cottage, Redhill was last sold on 17 Dec 2014 for £635,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Chapel Cottage, Redhill within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 202, Radstock Way, Redhill, RH1 3NS, a Freehold house which sold for £550,000 in Jan 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakwood Road, Merstham, Redhill, RH1 has a total of 15 addresses. According to our analysis of all the public data, Chapel Cottage, Redhill is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in RH1.
Chapel Cottage, Redhill has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Jul 2014.
The property is not connected to mains gas and has some double glazing. It is heated using an oil fired boiler and radiators.
The closest station to Chapel Cottage, Redhill is Merstham station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Chapel Cottage, Redhill, 42.1% of property is privately owned outright and 35.4% 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 Chapel Cottage, Redhill, 13.9% of residents are recorded as possessing school level qualifications and 35.8% 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 Chapel Cottage, 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 Chapel Cottage, Redhill, 3.6% 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 Chapel Cottage, Redhill, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.