40 Abbots Rise, Redhill, RH1 1LL is a leasehold flat built between 1996-2002. The property offers approximately 603 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £257,216 , which equates to approximately £427 per square foot. It was last sold on 4 Mar 2022 for £250,000. Since then, the value has increased by £7,216, representing a 2.9% increase, or approximately 0.8% per year.

The current estimated value of £257,216 is:

  • 27.0% lower than the average property price on Abbots Rise
  • 24.1% lower than the average in the RH1 1LL postcode area
  • and 45.0% lower than the average price for Redhill as a whole

At the most recent EPC inspection on 2 May 2023, the property was recorded as owner-occupied.

View sold house prices in RH1 1LL

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
603 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£257,216
Price Per sq ft (estimate)
£427
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Abbots Rise, Redhill, Reigate And Banstead, Surrey, RH1 1LL has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 May 2023.

This property uses an electric water source heat pump with warm air distribution 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 25 Oct 2018, when the property was rated E. Since then, the rating has improved to C, with the energy efficiency score increasing by 100%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to water source heat pump, warm air, electric, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to from main system, with its energy efficiency improving from very poor to poor.
  • The roof construction or insulation changed from pitched, limited insulation (assumed) to pitched, 300 mm loft insulation, improving energy efficiency from poor to very good.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, insulated (assumed), improving energy efficiency from average to good.
Heating Type
Water source heat pump, warm air, electric
Average
Hot Water
From main system
Poor
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RH1 1LL

24 th / 39
Price Rank
24% lower than average
9 th / 32
Size Rank
5% smaller than average
26 th / 32
Price Per Sq FT Rank
20% lower than average

Compared to other properties in RH1 1LL , this flat's estimated value ranks 24th out of 39. Based on price per square foot, it ranks 26th out of 32 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 9th out of 32 properties in its postcode area.

Sale History

Today
£257,216
streetscan.co.uk estimate
+3 %
4 Mar 2022
£250,000
Leasehold
+189 %
10 Jun 1999
£86,500
Leasehold
+34.1 %
27 Jun 1997
£64,500
Leasehold
+2.4 %
26 May 1995
£62,995
Leasehold

Area Insights

Similar Properties Sold Nearby

1 Abbots Rise, Redhill, RH1 1LL
rooms: 3
size: 570 sq ft
sale price: £267,000
sale date: 21 Nov 2016
9 Abbots Rise, Redhill, RH1 1LL
rooms: 3
size: 570 sq ft
sale price: £225,000
sale date: 5 Jan 2016
36 Abbots Rise, Redhill, RH1 1LL
rooms: 3
size: 581 sq ft
sale price: £232,000
sale date: 11 Sep 2015
34 Abbots Rise, Redhill, RH1 1LL
rooms: 2
size: 570 sq ft
sale price: £187,000
sale date: 28 Mar 2014
3 Abbots Rise, Redhill, RH1 1LL
rooms: 3
size: 586 sq ft
sale price: £128,500
sale date: 7 Dec 2001

Data Sources

The property at 40 Abbots Rise, Redhill, RH1 1LL appears four times in the Land Registry records, with the latest transaction recorded on 4 Mar 2022. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 2 May 2023. 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.
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