According to the public record, Flat 11, Mayfield Court 52-54, Redhill is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Mayfield Court, Horley Road, Redhill, RH1.
Horley Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 11, Mayfield Court 52-54, Redhill has 21 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated October 2023.
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 Flat 11 Mayfield Court 52-54 Redhill as £173,151 and the rental value as £952 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 11 Mayfield Court 52-54 Redhill has increased by £1,414 (0.8%) and its rental value has increased by £48 per month (5.1%).
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 11, Mayfield Court 52-54, Redhill is in very good condition we estimate a sale value of £181,808 and rental value of £1,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,030 and a rental value of £886 per month.
If you were able to purchase this property for the estimated value of £173,151, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £851 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 11, Mayfield Court 52-54, Redhill was last sold on 04 Dec 2014 for £136,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2014, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Mayfield Court 52-54, Redhill within a radius of 820 metres over the last 2 years.
The most recent example is Flat 2, Lawrence House, Denton Close, Redhill, RH1 5LB, a Leasehold flat which sold for £180,000 in Mar 2024.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horley Road, Redhill, RH1 has a total of 135 addresses. According to our analysis of all the public data, Flat 11, Mayfield Court 52-54, Redhill is the 121st largest and the 127th most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in RH1.
Flat 11, Mayfield Court 52-54, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 11, Mayfield Court 52-54, Redhill is Earlswood (Surrey) station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 11, Mayfield Court 52-54, Redhill, 41.8% of property is privately owned with a mortgage and 29.4% 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 Flat 11, Mayfield Court 52-54, Redhill, 15.3% of residents are recorded as possessing school level qualifications and 43.6% 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 11, Mayfield Court 52-54, 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 11, Mayfield Court 52-54, Redhill, 1.1% 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 11, Mayfield Court 52-54, Redhill, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.