According to the public record, Flat 2B, Grange Court, Redhill is a period leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Grange Court, Grange Drive, Merstham, Redhill, RH1.
Grange Drive, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 2B, Grange Court, Redhill has 21 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated September 2017.
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 2B Grange Court Redhill as £155,552 and the rental value as £868 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 2B Grange Court Redhill has increased by £1,992 (1.3%) and its rental value has increased by £43 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 2B, Grange Court, Redhill is in very good condition we estimate a sale value of £163,330 and rental value of £912 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £144,664 and a rental value of £808 per month.
If you were able to purchase this property for the estimated value of £155,552, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £764 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 2B, Grange Court, Redhill was last sold on 16 Feb 2018 for £130,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 4.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2B, Grange Court, Redhill within a radius of 890 metres over the last 2 years.
The most recent example is Flat 4, Albury Place, Albury Road, Redhill, RH1 3LP, a Leasehold flat which sold for £170,000 in Apr 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Drive, Merstham, Redhill, RH1 has a total of 18 addresses. According to our analysis of all the public data, Flat 2B, Grange Court, Redhill is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £282k less expensive than the average property in RH1.
Flat 2B, Grange Court, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to Flat 2B, Grange Court, Redhill is Merstham station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2B, Grange Court, Redhill, 38.8% of property is privately owned outright and 36.7% 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 2B, Grange Court, Redhill, 16.3% of residents are recorded as possessing school level qualifications and 45.1% 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 2B, Grange Court, Redhill, the average age was 41.7 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 2B, Grange Court, Redhill, 2.3% 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 2B, Grange Court, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.