According to the public record, Flat 5, Lawrence House, 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 Lawrence House, Denton Close, Redhill, RH1.
Denton Close, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 5, Lawrence House, Redhill has 3 entries in the Land Registry database, most recently in April 2020 and a single entry in the EPC database dated September 2010.
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 5 Lawrence House Redhill as £192,633 and the rental value as £1,036 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 5 Lawrence House Redhill has increased by £1,916 (1.0%) and its rental value has increased by £52 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 5, Lawrence House, Redhill is in very good condition we estimate a sale value of £202,265 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,149 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £192,633, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £947 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 5, Lawrence House, Redhill was last sold on 15 Apr 2020 for £181,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2020, the market for similar properties has risen 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Lawrence House, Redhill within a radius of 760 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.
Denton Close, Redhill, RH1 has a total of 39 addresses. According to our analysis of all the public data, Flat 5, Lawrence House, Redhill is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £245k less expensive than the average property in RH1.
Flat 5, Lawrence House, Redhill has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Sep 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 5, Lawrence House, 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 5, Lawrence House, Redhill, 37.6% of property is socially rented and 32.7% 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 5, Lawrence House, Redhill, 16.9% of residents are recorded as possessing school level qualifications and 49.3% 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 5, Lawrence House, 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 5, Lawrence House, 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 5, Lawrence House, Redhill, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.