According to the public record, Flat 6, Gatehouse Lodge, Redhill is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Gatehouse Lodge, Royal Earlswood Park, Redhill, RH1.
Royal Earlswood Park, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 6, Gatehouse Lodge, Redhill has 3 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated February 2023.
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 6 Gatehouse Lodge Redhill as £281,396 and the rental value as £1,310 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 6 Gatehouse Lodge Redhill has increased by £2,190 (0.8%) and its rental value has increased by £66 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 6, Gatehouse Lodge, Redhill is in very good condition we estimate a sale value of £295,466 and rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,698 and a rental value of £1,219 per month.
If you were able to purchase this property for the estimated value of £281,396, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,383 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 6, Gatehouse Lodge, Redhill was last sold on 24 Jul 2023 for £295,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Gatehouse Lodge, Redhill within a radius of 840 metres over the last 2 years.
The most recent example is 69, Royal Earlswood Park, Redhill, RH1 6TJ, a Leasehold flat which sold for £237,500 in Dec 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Earlswood Park, Redhill, RH1 has a total of 160 addresses. According to our analysis of all the public data, Flat 6, Gatehouse Lodge, Redhill is the 119th largest and the 120th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in RH1.
Flat 6, Gatehouse Lodge, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Feb 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, Gatehouse Lodge, Redhill is Earlswood (Surrey) station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Gatehouse Lodge, Redhill, 41.8% of property is privately owned with a mortgage and 29.4% is privately owned outright.
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 6, Gatehouse Lodge, Redhill, 15.3% 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 6, Gatehouse Lodge, 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 6, Gatehouse Lodge, Redhill, 1.1% 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 6, Gatehouse Lodge, Redhill, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.