According to the public record, Flat 40, Holmesdale Manor 89, Redhill is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Holmesdale Manor, Ladbroke Road, Redhill, RH1.
Ladbroke Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 40, Holmesdale Manor 89, Redhill has a single entry in the Land Registry database from October 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 40 Holmesdale Manor 89 Redhill as £327,359 and the rental value as £1,514 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 40 Holmesdale Manor 89 Redhill has increased by £10,067 (3.1%) and its rental value has increased by £105 per month (6.9%).
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 40, Holmesdale Manor 89, Redhill is in very good condition we estimate a sale value of £343,727 and rental value of £1,590 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £304,444 and a rental value of £1,408 per month.
If you were able to purchase this property for the estimated value of £327,359, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,609 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 40, Holmesdale Manor 89, Redhill was last sold on 17 Oct 2008 for £430,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2008, the market for similar properties has risen 55.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Holmesdale Manor 89, Redhill within a radius of 490 metres over the last 2 years.
The most recent example is Flat 14, Holmesdale Manor 89, Ladbroke Road, Redhill, RH1 1NX, a Leasehold flat which sold for £265,000 in May 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ladbroke Road, Redhill, RH1 has a total of 218 addresses. According to our analysis of all the public data, Flat 40, Holmesdale Manor 89, Redhill is the 56th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in RH1.
Flat 40, Holmesdale Manor 89, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Nov 2008.
The property is not connected to mains gas and has windows. It is heated using a boiler and radiators.
The closest station to Flat 40, Holmesdale Manor 89, Redhill is Redhill station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 40, Holmesdale Manor 89, Redhill, 37.7% of property is privately owned outright and 37.1% 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 40, Holmesdale Manor 89, Redhill, 11.5% of residents are recorded as possessing school level qualifications and 44.7% 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 40, Holmesdale Manor 89, 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 40, Holmesdale Manor 89, 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 40, Holmesdale Manor 89, 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.