According to the public record, Flat 1, Silvermere 19, Redhill is a modern apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Silvermere, Woodlands Road, Redhill, RH1.
Woodlands Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 1, Silvermere 19, Redhill has no records in the Land Registry database and a single entry in the EPC database dated December 2019.
We combine this information with public data 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 Silvermere 19 Redhill as £204,099 and the rental value as £1,121 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 1 Silvermere 19 Redhill has increased by £2,259 (1.1%) and its rental value has increased by £56 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, Silvermere 19, Redhill is in very good condition we estimate a sale value of £214,304 and rental value of £1,177 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,812 and a rental value of £1,043 per month.
If you were able to purchase this property for the estimated value of £204,099, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,003 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Silvermere 19, Redhill within a radius of 510 metres over the last 2 years.
The most recent example is 21G, Woodlands Road, Redhill, RH1 6EZ, a Leasehold flat which sold for £215,000 in Jun 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodlands Road, Redhill, RH1 has a total of 160 addresses. According to our analysis of all the public data, Flat 1, Silvermere 19, Redhill is the 88th largest and the 137th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in RH1.
Flat 1, Silvermere 19, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2019.
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 Flat 1, Silvermere 19, Redhill is Earlswood (Surrey) station which is 300 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, Silvermere 19, Redhill, 30.2% of property is privately owned with a mortgage and 27.1% is privately rented.
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, Silvermere 19, Redhill, 13.8% of residents are recorded as possessing school level qualifications and 36.9% 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, Silvermere 19, Redhill, the average age was 38.9 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, Silvermere 19, Redhill, 1.5% 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 Flat 1, Silvermere 19, 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.