According to the public record, Flat 8, Marylebone House, Redhill is a modern apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Marylebone House, Marketfield Road, Redhill, RH1.
Marketfield Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 8, Marylebone House, Redhill has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2018.
We combine this information with public data 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 8 Marylebone House Redhill as £161,670 and the rental value as £875 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 8 Marylebone House Redhill has increased by £2,256 (1.4%) and its rental value has increased by £46 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 8, Marylebone House, Redhill is in very good condition we estimate a sale value of £169,754 and rental value of £918 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £150,353 and a rental value of £813 per month.
If you were able to purchase this property for the estimated value of £161,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £795 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 8, Marylebone House, Redhill was last sold on 28 Feb 2003 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Marylebone House, Redhill within a radius of 430 metres over the last 2 years.
The most recent example is Flat 4, Avon House, Rutland Close, Redhill, RH1 1EH, a Leasehold flat which sold for £170,000 in Apr 2023.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marketfield Road, Redhill, RH1 has a total of 99 addresses. According to our analysis of all the public data, Flat 8, Marylebone House, Redhill is the 45th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in RH1.
Flat 8, Marylebone House, Redhill has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Apr 2018.
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 8, Marylebone House, Redhill is Redhill station which is 100 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Marylebone House, Redhill, 53.1% of property is privately rented and 25.6% 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 8, Marylebone House, Redhill, 17.5% of residents are recorded as possessing school level qualifications and 56.3% 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 8, Marylebone 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 8, Marylebone House, Redhill, 0.6% 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 8, Marylebone House, Redhill, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.