According to the public record, Flat 5, Stirling House, Redhill is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Stirling House, Garlands Road, Redhill, RH1.
Garlands Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 5, Stirling House, Redhill has 41 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated November 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 5 Stirling House Redhill as £209,025 and the rental value as £1,133 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 5 Stirling House Redhill has increased by £2,917 (1.4%) and its rental value has increased by £59 per month (5.2%).
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, Stirling House, Redhill is in very good condition we estimate a sale value of £219,477 and rental value of £1,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,394 and a rental value of £1,053 per month.
If you were able to purchase this property for the estimated value of £209,025, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,027 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, Stirling House, Redhill was last sold on 26 Sep 2023 for £220,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Sep 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Stirling House, Redhill within a radius of 500 metres over the last 2 years.
The most recent example is Flat 11, Stirling House, Garlands Road, Redhill, RH1 6PR, a Leasehold flat which sold for £195,000 in Dec 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Garlands Road, Redhill, RH1 has a total of 269 addresses. According to our analysis of all the public data, Flat 5, Stirling House, Redhill is the 184th largest and the 197th most expensive property on the street.
When compared to the postcode district it is £228k less expensive than the average property in RH1.
Flat 5, Stirling House, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 5, Stirling House, 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 5, Stirling House, Redhill, 41.0% of property is privately rented and 40.3% 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 5, Stirling House, Redhill, 11.1% of residents are recorded as possessing school level qualifications and 56.8% 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 5, Stirling House, 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 5, Stirling 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, Stirling House, Redhill, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.