31 Observatory Walk, Redhill, RH1 1HL is a leasehold flat built between 1976-1982. The property offers approximately 807 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £281,737 , which equates to approximately £349 per square foot. It was last sold on 7 Jul 2021 for £260,000. Since then, the value has increased by £21,737, representing a 8.4% increase, or approximately 1.9% per year.

The current estimated value of £281,737 is:

  • 10.4% lower than the average property price on Observatory Walk
  • 10.2% lower than the average in the RH1 1HL postcode area
  • and 39.8% lower than the average price for Redhill as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 17 September 2021, the property was recorded as rented.

View sold house prices in RH1 1HL

Building approximate location

About Property

Type
Terraced Maisonette
Built
1976-1982
Interior Size
807 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£281,737
Price Per sq ft (estimate)
£349
Bedroom Count (estimate)
2 bedrooms

EPC Summary

31 Observatory Walk, Redhill, Reigate And Banstead, Surrey, RH1 1HL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 17 Sep 2021.

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 16 May 2011, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 11.9%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 250 mm loft insulation, improving energy efficiency from average to good.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 80% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from very good to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to RH1 1HL

13 th / 15
Price Rank
10% lower than average
9 th / 10
Size Rank
10% smaller than average
5 th / 10
Price Per Sq FT Rank
1% lower than average

Compared to other properties in RH1 1HL , this maisonette's estimated value ranks 13th out of 15. Based on price per square foot, it ranks 5th out of 10 properties. In terms of size, this home ranks 9th out of 10 properties in its postcode area.

Sale History

Today
£281,737
streetscan.co.uk estimate
+8 %
7 Jul 2021
£260,000
Leasehold
-13.3 %
20 Jun 2018
£300,000
Leasehold
+122.2 %
10 Oct 2012
£135,000
Leasehold
0 %
5 Feb 2007
£135,000
Leasehold
+22.7 %
20 Feb 2004
£110,000
Leasehold
+165.1 %
5 Sep 1997
£41,500
Leasehold

Area Insights

Nearby Properties

rooms: 5
size: 947 sq ft
sale price: £190,000
sale date: 29 Jun 2007
rooms: 2
size: 517 sq ft
sale price: £155,000
sale date: 20 Oct 2023
rooms: 3
size: 947 sq ft
sale price: £307,000
sale date: 14 Jul 2021
rooms: 5
size: 969 sq ft
sale price: £250,000
sale date: 17 Sep 2022
rooms: 5
size: 924 sq ft
sale price: £183,000
sale date: 9 Dec 2011

Data Sources

The property at 31 Observatory Walk, Redhill, RH1 1HL appears six times in the Land Registry records, with the latest transaction recorded on 7 Jul 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Sep 2021. 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.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.