According to the public record, Flat 7, Mayfield Court 52-54, Redhill is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mayfield Court, Horley Road, Redhill, RH1.
Horley Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 7, Mayfield Court 52-54, Redhill has 61 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated November 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.
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 7 Mayfield Court 52-54 Redhill as £197,405 and the rental value as £1,090 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 7 Mayfield Court 52-54 Redhill has increased by £1,536 (0.8%) and its rental value has increased by £55 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 7, Mayfield Court 52-54, Redhill is in very good condition we estimate a sale value of £207,275 and rental value of £1,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,587 and a rental value of £1,014 per month.
If you were able to purchase this property for the estimated value of £197,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £970 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, Mayfield Court 52-54, Redhill was last sold on 01 Jun 2021 for £190,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Jun 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Mayfield Court 52-54, Redhill within a radius of 820 metres over the last 2 years.
The most recent example is Flat 3, Mayfield Court 52-54, Horley Road, Redhill, RH1 5AF, a Leasehold flat which sold for £208,000 in Dec 2021.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horley Road, Redhill, RH1 has a total of 135 addresses. According to our analysis of all the public data, Flat 7, Mayfield Court 52-54, Redhill is the 112th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in RH1.
Flat 7, Mayfield Court 52-54, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, Mayfield Court 52-54, 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 7, Mayfield Court 52-54, 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 7, Mayfield Court 52-54, 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 7, Mayfield Court 52-54, 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 7, Mayfield Court 52-54, 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 7, Mayfield Court 52-54, 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.