According to the public record, Flat 1, Artillery Court 2, Redhill is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Artillery Court, Hooley Lane, Redhill, RH1.
Hooley Lane, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 1, Artillery Court 2, Redhill has 3 entries in the Land Registry database, most recently in May 2019 and a single entry in the EPC database dated December 2015.
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 Flat 1 Artillery Court 2 Redhill as £215,271 and the rental value as £982 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of Flat 1 Artillery Court 2 Redhill has increased by £2,647 (1.2%) and its rental value has increased by £49 per month (5.0%).
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 Flat 1, Artillery Court 2, Redhill is in very good condition we estimate a sale value of £226,034 and rental value of £1,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £200,202 and a rental value of £914 per month.
If you were able to purchase this property for the estimated value of £215,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,058 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, Flat 1, Artillery Court 2, Redhill was last sold on 08 May 2019 for £237,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2019, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Artillery Court 2, Redhill within a radius of 520 metres over the last 2 years.
The most recent example is Flat 8, Artillery Court 2, Hooley Lane, Redhill, RH1 6ET, a Leasehold flat which sold for £227,500 in Feb 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hooley Lane, Redhill, RH1 has a total of 43 addresses. According to our analysis of all the public data, Flat 1, Artillery Court 2, Redhill is the 41st largest and the 37th most expensive property on the street.
When compared to the postcode district it is £222k less expensive than the average property in RH1.
Flat 1, Artillery Court 2, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Dec 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, Artillery Court 2, Redhill is Earlswood (Surrey) station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Artillery Court 2, Redhill, 47.7% of property is privately rented and 26.6% 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 Flat 1, Artillery Court 2, Redhill, 13.5% of residents are recorded as possessing school level qualifications and 46.4% 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 Flat 1, Artillery Court 2, Redhill, the average age was 36.3 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 Flat 1, Artillery Court 2, Redhill, 0.7% 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 Flat 1, Artillery Court 2, Redhill, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.