Flat 1, 48 Somerset Road, Redhill, RH1 6LT is a leasehold flat built between 1900-1929. The property offers approximately 936 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £319,953 , which equates to approximately £342 per square foot. It was last sold on 25 Jun 2021 for £302,000. Since then, the value has increased by £17,953, representing a 5.9% increase, or approximately 1.3% per year.

The current estimated value of £319,953 is:

  • 42.5% lower than the average property price on Somerset Road
  • 31.4% lower than the average in the RH1 6LT postcode area
  • and 31.6% 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 7 July 2021, the property was recorded as owner-occupied.

View sold house prices in RH1 6LT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
936 sq ft
Tenure
Leasehold
Price (estimate)
£319,953
Price Per sq ft (estimate)
£342
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1, 48 Somerset Road, Redhill, Reigate And Banstead, Surrey, RH1 6LT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Jul 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 19 Jan 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 30%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to RH1 6LT

29 th / 35
Price Rank
31% lower than average
11 th / 21
Size Rank
5% bigger than average
21 st / 21
Price Per Sq FT Rank
34% lower than average

Compared to other properties in RH1 6LT , this flat's estimated value ranks 29th out of 35. Based on price per square foot, it ranks 21th out of 21 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 11th out of 21 properties in its postcode area.

Sale History

Today
£319,953
streetscan.co.uk estimate
+6 %
25 Jun 2021
£302,000
Leasehold
+74.1 %
16 Apr 2010
£173,500
Leasehold
+28.5 %
12 Dec 2003
£135,000
Leasehold
+13.4 %
1 Mar 2002
£119,000
Leasehold
+53.5 %
28 May 1999
£77,500
Leasehold
+22.3 %
10 Jul 1998
£63,355
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 980 sq ft
sale price: £235,000
sale date: 31 Mar 2003

Data Sources

The property at Flat 1, 48 Somerset Road, Redhill, RH1 6LT appears six times in the Land Registry records, with the latest transaction recorded on 25 Jun 2021. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Jul 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.