Flat 5, Albury Place Albury Road, Merstham, Redhill, RH1 3LP is a leasehold flat built between 1991-1995. The property offers approximately 291 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 £184,086 , which equates to approximately £633 per square foot. It was last sold on 26 Mar 2002 for £79,500. Since then, the value has increased by £104,586, representing a 131.6% increase, or approximately 5.5% per year.

The current estimated value of £184,086 is:

  • 56.3% lower than the average property price on Albury Road
  • 55.5% lower than the average in the RH1 3LP postcode area
  • and 60.7% lower than the average price for Redhill as a whole

At the most recent EPC inspection on 2 August 2022, the property was recorded as rented.

View sold house prices in RH1 3LP

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
291 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£184,086
Price Per sq ft (estimate)
£633
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, Albury Place Albury Road, Merstham, Redhill, Reigate And Banstead, Surrey, RH1 3LP has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Aug 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 22 Mar 2012. The rating of C is unchanged, though the energy efficiency score decreased by 5%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from average to very poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 75% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 75% of fixed outlets
Very Good

Compared to RH1 3LP

42 nd / 49
Price Rank
56% lower than average
39 th / 40
Size Rank
64% smaller than average
1 st / 40
Price Per Sq FT Rank
25% higher than average

Compared to other properties in RH1 3LP , this flat's estimated value ranks 42th out of 49. Based on price per square foot, it ranks 1st out of 40 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 39th out of 40 properties in its postcode area.

Sale History

Today
£184,086
streetscan.co.uk estimate
+132 %
26 Mar 2002
£79,500
Leasehold
+52.9 %
31 Aug 1999
£52,000
Leasehold
0 %
30 Apr 1999
£52,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 301 sq ft
sale price: £164,000
sale date: 7 Feb 2022
rooms: 1
size: 280 sq ft
sale price: £112,000
sale date: 10 Nov 2006
rooms: 2
size: 301 sq ft
sale price: £114,500
sale date: 22 Dec 2005
rooms: 2
size: 291 sq ft
sale price: £113,000
sale date: 20 Aug 2004
rooms: 2
size: 301 sq ft
sale price: £37,000
sale date: 14 Feb 1995

Data Sources

The property at Flat 5, Albury Place Albury Road, Merstham, Redhill, RH1 3LP appears three times in the Land Registry records, with the latest transaction recorded on 26 Mar 2002. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Aug 2022. 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.