According to the public record, Flat 2, 22, Upper Bridge Road, Redhill is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 22, Upper Bridge Road, Redhill, RH1.
Upper Bridge Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 2, 22, Upper Bridge Road, Redhill has 2 entries in the Land Registry database, most recently in December 2019 and a single entry in the EPC database dated November 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 22 Upper Bridge Road Redhill as £286,685 and the rental value as £1,433 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 2 22 Upper Bridge Road Redhill has increased by £5,501 (1.9%) and its rental value has increased by £82 per month (5.7%).
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 2, 22, Upper Bridge Road, Redhill is in very good condition we estimate a sale value of £301,019 and rental value of £1,504 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,617 and a rental value of £1,332 per month.
If you were able to purchase this property for the estimated value of £286,685, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,409 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 2, 22, Upper Bridge Road, Redhill was last sold on 04 Dec 2019 for £290,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2019, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 22, Upper Bridge Road, Redhill within a radius of 450 metres over the last 2 years.
The most recent example is Flat 8, Reibuck House 21A, Ridgeway Road, Redhill, RH1 6PQ, a Leasehold flat which sold for £255,000 in Sep 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Bridge Road, Redhill, RH1 has a total of 102 addresses. According to our analysis of all the public data, Flat 2, 22, Upper Bridge Road, Redhill is the 41st largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in RH1.
Flat 2, 22, Upper Bridge Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 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 Flat 2, 22, Upper Bridge Road, Redhill is Redhill station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 22, Upper Bridge Road, Redhill, 38.9% of property is privately owned with a mortgage and 35.9% 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 2, 22, Upper Bridge Road, Redhill, 13.2% of residents are recorded as possessing school level qualifications and 60.6% 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 2, 22, Upper Bridge Road, 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 2, 22, Upper Bridge Road, Redhill, 0.0% 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 2, 22, Upper Bridge Road, Redhill, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.