According to the public record, Flat 9, Mackrells, Redhill is a mid-century leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mackrells, Pendleton Road, Redhill, RH1.
Pendleton Road, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Flat 9, Mackrells, Redhill has 51 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated November 2021.
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 9 Mackrells Redhill as £236,900 and the rental value as £1,268 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 9 Mackrells Redhill has increased by £1,459 (0.6%) and its rental value has increased by £66 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 9, Mackrells, Redhill is in very good condition we estimate a sale value of £248,745 and rental value of £1,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,317 and a rental value of £1,179 per month.
If you were able to purchase this property for the estimated value of £236,900, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,164 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 9, Mackrells, Redhill was last sold on 30 Sep 2022 for £255,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Mackrells, Redhill within a radius of 680 metres over the last 2 years.
The most recent example is Flat 3, Mackrells, Pendleton Road, Redhill, RH1 6LF, a Leasehold flat which sold for £233,750 in Jan 2020.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pendleton Road, Redhill, RH1 has a total of 43 addresses. According to our analysis of all the public data, Flat 9, Mackrells, Redhill is the 25th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in RH1.
Flat 9, Mackrells, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Nov 2021.
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 9, Mackrells, Redhill is Earlswood (Surrey) station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Mackrells, Redhill, 37.6% of property is privately owned outright and 34.6% 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 9, Mackrells, Redhill, 25.6% of residents are recorded as possessing school level qualifications and 35.7% 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 9, Mackrells, Redhill, the average age was 39.1 and the most common age was 12.
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 9, Mackrells, 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 9, Mackrells, Redhill, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.