According to the public record, South Bank, Redhill is a period freehold house with 818 ft2 of internal area and sits on a 230 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bower Hill Lane, South Nutfield, Redhill, RH1 is located in the borough of Tandridge within the RH1 postal district.
South Bank, Redhill has a single entry in the Land Registry database from February 2010 and a single entry in the EPC database dated February 2024.
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 South Bank Redhill as £416,573 and the rental value as £1,881 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of South Bank Redhill has increased by £5,108 (1.2%) and its rental value has increased by £96 per month (5.1%).
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 South Bank, Redhill is in very good condition we estimate a sale value of £437,401 and rental value of £1,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,413 and a rental value of £1,750 per month.
If you were able to purchase this property for the estimated value of £416,573, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,047 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, South Bank, Redhill sits on a plot of 230m2.
We have plot size data on 4 out of 6 other houses in the postcode and South Bank, Redhill sits on the 4th largest plot.
According to HM Land Registry, South Bank, Redhill was last sold on 12 Feb 2010 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2010, the market for similar properties has risen 70.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to South Bank, Redhill within a radius of 1.8 kilometres over the last 2 years.
The most recent example is 19, Trindles Road, Redhill, RH1 4JL, a Freehold house which sold for £418,000 in May 2022.
Read more about house prices in RH1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bower Hill Lane, South Nutfield, Redhill, RH1 has a total of 6 addresses. According to our analysis of all the public data, South Bank, Redhill is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in RH1.
South Bank, Redhill has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric air source heat pump and radiators.
The closest station to South Bank, Redhill is Nutfield station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around South Bank, Redhill, 43.7% of property is privately owned outright and 39.2% 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 South Bank, Redhill, 12.9% of residents are recorded as possessing school level qualifications and 41.7% 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 South Bank, Redhill, the average age was 42.8 and the most common age was 57.
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 South Bank, Redhill, 0.3% 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 South Bank, Redhill, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.