According to the public record, Flat 51, Sherwood House, Redhill is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Sherwood House, Abinger Drive, Redhill, RH1.
Abinger Drive, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 51, Sherwood House, Redhill has 21 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated March 2013.
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 51 Sherwood House Redhill as £313,676 and the rental value as £1,347 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 51 Sherwood House Redhill has increased by £3,213 (1.0%) and its rental value has increased by £70 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 51, Sherwood House, Redhill is in very good condition we estimate a sale value of £329,360 and rental value of £1,414 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,719 and a rental value of £1,252 per month.
If you were able to purchase this property for the estimated value of £313,676, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,542 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 51, Sherwood House, Redhill was last sold on 25 Jun 2021 for £287,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 51, Sherwood House, Redhill within a radius of 850 metres over the last 2 years.
The most recent example is Flat 53, Sherwood House, Abinger Drive, Redhill, RH1 6SZ, a Leasehold flat which sold for £330,000 in Jun 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abinger Drive, Redhill, RH1 has a total of 58 addresses. According to our analysis of all the public data, Flat 51, Sherwood House, Redhill is the 52nd largest and the 55th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in RH1.
Flat 51, Sherwood House, Redhill has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Mar 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 51, Sherwood House, Redhill is Earlswood (Surrey) station which is 600 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 51, Sherwood House, Redhill, 31.8% of property is privately owned with a mortgage and 28.8% is socially 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 51, Sherwood House, Redhill, 28.1% of residents are recorded as possessing school level qualifications and 43.6% 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 51, Sherwood House, Redhill, the average age was 39.5 and the most common age was 47.
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 51, Sherwood House, Redhill, 0.9% 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 51, Sherwood House, 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.