Flat 2, 38, Somerset Road, Redhill has 71 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated July 2020.
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.
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, 38, Somerset Road, Redhill is in very good condition we estimate a sale value of £208,107 and rental value of £1,153 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £184,323 and a rental value of £1,022 per month.
If you were able to purchase this property for the estimated value of £198,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £974 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, 38, Somerset Road, Redhill was last sold on 30 Oct 2020 for £205,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Oct 2020, the market for similar properties has risen 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 38, Somerset Road, Redhill within a radius of 760 metres over the last 2 years.
The most recent example is Flat 2, 8B, Rosemead Close, Redhill, RH1 6LU, a Leasehold flat which sold for £210,000 in Aug 2019.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, Redhill, RH1 has a total of 136 addresses. According to our analysis of all the public data, Flat 2, 38, Somerset Road, Redhill is the 126th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £239k less expensive than the average property in RH1.
Flat 2, 38, Somerset Road, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
According to the public record, Flat 2, 38, Somerset Road, Redhill is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 38, Somerset Road, Redhill, RH1.
Somerset Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 2 38 Somerset Road Redhill as £198,197 and the rental value as £1,098 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 2 38 Somerset Road Redhill has increased by £782 (0.4%) and its rental value has increased by £55 per month (5.0%).
The closest station to Flat 2, 38, Somerset Road, Redhill is Earlswood (Surrey) station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 38, Somerset Road, Redhill, 45.6% of property is privately owned with a mortgage and 40.8% 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 2, 38, Somerset Road, Redhill, 21.6% of residents are recorded as possessing school level qualifications and 47.8% 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 Flat 2, 38, Somerset Road, Redhill, the average age was 39.1 and the most common age was 12.
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, 38, Somerset Road, 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 2, 38, Somerset Road, Redhill, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.