According to the public record, Flat 7, Harvey Court 2, Redhill is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Harvey Court, Oxford Road, Redhill, RH1.
Oxford Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 7, Harvey Court 2, Redhill has a single entry in the Land Registry database from August 2007 and a single entry in the EPC database dated January 2020.
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 7 Harvey Court 2 Redhill as £256,017 and the rental value as £1,195 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 7 Harvey Court 2 Redhill has decreased by £1,639 (0.6%) and its rental value has increased by £39 per month (3.3%).
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 7, Harvey Court 2, Redhill is in very good condition we estimate a sale value of £268,817 and rental value of £1,255 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £238,095 and a rental value of £1,111 per month.
If you were able to purchase this property for the estimated value of £256,017, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,258 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 7, Harvey Court 2, Redhill was last sold on 31 Aug 2007 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2007, the market for similar properties has risen 31.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Harvey Court 2, Redhill within a radius of 450 metres over the last 2 years.
The most recent example is Flat 20, Cromwell Place 144-146, Station Road, Redhill, RH1 1EX, a Leasehold flat which sold for £276,000 in Aug 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oxford Road, Redhill, RH1 has a total of 59 addresses. According to our analysis of all the public data, Flat 7, Harvey Court 2, Redhill is the 25th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in RH1.
Flat 7, Harvey Court 2, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jan 2020.
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 7, Harvey Court 2, 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 7, Harvey Court 2, Redhill, 50.3% of property is privately owned outright and 27.2% 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 7, Harvey Court 2, Redhill, 15.3% of residents are recorded as possessing school level qualifications and 44.4% 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 7, Harvey Court 2, Redhill, the average age was 38.6 and the most common age was 37.
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 7, Harvey Court 2, Redhill, 1.6% 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 7, Harvey Court 2, 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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.