41 Reed Drive, Redhill, RH1 6TA is a leasehold flat built between 1996-2002. The property offers approximately 710 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 £342,011 , which equates to approximately £481 per square foot. It was last sold on 24 Jan 2020 for £305,000. Since then, the value has increased by £37,011, representing a 12.1% increase, or approximately 2.1% per year.

The current estimated value of £342,011 is:

  • 44.4% lower than the average property price on Reed Drive
  • 18.2% lower than the average in the RH1 6TA postcode area
  • and 26.9% lower than the average price for Redhill as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 23 August 2019, the property was recorded as owner-occupied.

View sold house prices in RH1 6TA

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
710 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£342,011
Price Per sq ft (estimate)
£481
Bedroom Count (estimate)
2 bedrooms

EPC Summary

41 Reed Drive, Redhill, Reigate And Banstead, Surrey, RH1 6TA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 23 Aug 2019.

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 14 Jan 2009. The rating of C is unchanged, though the energy efficiency score decreased by 3.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150 mm loft insulation to pitched, 200 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to timber frame, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from no low energy lighting to low energy lighting in 56% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to RH1 6TA

17 th / 43
Price Rank
18% lower than average
14 th / 36
Size Rank
22% smaller than average
24 th / 36
Price Per Sq FT Rank
5% higher than average

Compared to other properties in RH1 6TA , this flat's estimated value ranks 17th out of 43. Based on price per square foot, it ranks 24th out of 36 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 14th out of 36 properties in its postcode area.

Sale History

Today
£342,011
streetscan.co.uk estimate
+12 %
24 Jan 2020
£305,000
Leasehold
+17.3 %
9 Jul 2018
£260,000
Leasehold
+42.1 %
31 Jul 2009
£183,000
Leasehold
+2.2 %
10 Oct 2003
£179,000
Leasehold
+13.3 %
14 Apr 2000
£157,995
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 667 sq ft
sale price: £265,000
sale date: 2 Dec 2024
rooms: 3
size: 732 sq ft
sale price: £267,500
sale date: 22 Oct 2024
rooms: 3
size: 635 sq ft
sale price: £282,500
sale date: 12 Mar 2024
rooms: 3
size: 667 sq ft
sale price: £285,000
sale date: 20 Dec 2022
rooms: 3
size: 657 sq ft
sale price: £250,000
sale date: 14 Dec 2022

Data Sources

The property at 41 Reed Drive, Redhill, RH1 6TA appears five times in the Land Registry records, with the latest transaction recorded on 24 Jan 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 23 Aug 2019. 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.