242 Canalside, Redhill, RH1 2FW is a leasehold flat built between 2007-2011. The property offers approximately 495 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £242,354 , which equates to approximately £490 per square foot. It was last sold on 14 Nov 2014 for £195,000. Since then, the value has increased by £47,354, representing a 24.3% increase, or approximately 2.2% per year.

The current estimated value of £242,354 is:

  • 23.5% lower than the average property price on Canalside
  • 0.0% higher than the average in the RH1 2FW postcode area
  • and 48.2% lower than the average price for Redhill as a whole

At the most recent EPC inspection on 26 October 2020, the property was recorded as rented.

View sold house prices in RH1 2FW

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£242,354
Price Per sq ft (estimate)
£490
Bedroom Count (estimate)
1 bedroom

EPC Summary

242 Canalside, Redhill, Reigate And Banstead, Surrey, RH1 2FW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Oct 2020.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 1 Dec 2010, when the property was rated A. The current rating of B reflects a decline in energy efficiency of 10.8%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.24 w/m?k to timber frame, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The windows were upgraded from high performance glazing to fully double glazed.
  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 80% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Timber frame, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 80% of fixed outlets
Very Good

Compared to RH1 2FW

31 st / 41
Price Rank
0% same as average
22 nd / 41
Size Rank
3% smaller than average
29 th / 41
Price Per Sq FT Rank
3% higher than average

Compared to other properties in RH1 2FW , this flat's estimated value ranks 31th out of 41. Based on price per square foot, it ranks 29th out of 41 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 22th out of 41 properties in its postcode area.

Sale History

Today
£242,354
streetscan.co.uk estimate
+24 %
14 Nov 2014
£195,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 495 sq ft
sale price: £225,000
sale date: 28 Mar 2025
rooms: 2
size: 452 sq ft
sale price: £230,000
sale date: 19 Feb 2025
rooms: 2
size: 527 sq ft
sale price: £233,000
sale date: 24 Jul 2023
rooms: 2
size: 484 sq ft
sale price: £220,000
sale date: 22 Jun 2023
rooms: 2
size: 441 sq ft
sale price: £245,000
sale date: 24 Feb 2023

Data Sources

The property at 242 Canalside, Redhill, Reigate And Banstead, Surrey, RH1 2FW appears once in the Land Registry records, with the transaction recorded on 14 Nov 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Oct 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


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