According to the public record, Oak House, Redhill is a modern freehold house with 1,582 ft2 of internal area and sits on a 1,087 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Grange Drive, Merstham, Redhill, RH1 is located in the borough of Reigate and Banstead within the RH1 postal district.
Oak House, Redhill has 2 entries in the Land Registry database, most recently in October 2021 and a single entry in the EPC database dated June 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Oak House Redhill as £742,146 and the rental value as £2,445 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of Oak House Redhill has decreased by £3,069 (0.4%) and its rental value has increased by £79 per month (3.2%).
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 Oak House, Redhill is in very good condition we estimate a sale value of £779,253 and rental value of £2,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £690,196 and a rental value of £2,274 per month.
If you were able to purchase this property for the estimated value of £742,146, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,647 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 data from HM Land Registry, Oak House, Redhill sits on a plot of 1087m2.
We have plot size data on 5 out of 9 other houses in the postcode and Oak House, Redhill sits on the 2nd largest plot.
According to HM Land Registry, Oak House, Redhill was last sold on 29 Oct 2021 for £800,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2021, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Oak House, Redhill within a radius of 890 metres over the last 2 years.
The most recent example is Daffodil Villa, London Road South, Redhill, RH1 3AZ, a Freehold house which sold for £745,000 in Dec 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grange Drive, Merstham, Redhill, RH1 has a total of 18 addresses. According to our analysis of all the public data, Oak House, Redhill is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £305k more expensive than the average property in RH1.
Oak House, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Oak House, Redhill is Merstham station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Oak House, Redhill, 38.8% of property is privately owned outright and 36.7% 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 Oak House, Redhill, 16.3% of residents are recorded as possessing school level qualifications and 45.1% 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 Oak House, Redhill, the average age was 41.7 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 Oak House, Redhill, 2.3% 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 Oak House, 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.