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Property details for Lower Flat, 63 Grovehill Road, Redhill RH1 6PJ

Flat, Leasehold, 1 Bed, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £255,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £255,000
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  • Value change
    7,350 (3.0%) 600 (0.2%) 15,700 (6.6%) 38,750 (17.9%) 65,500 (34.6%) 71,550 (39.1%) 81,250 (46.8%)  
    from 
  • Rental value
    £900 pcm
  • Confidence level
    98
  • Value range
    £247,000 - £263,000
  • Rental range
    £800 - £1,000 pcm

Monthly running costs Beta

£762 Monthly total
Remortgage
Property value
Loan amount (60%) 153,000
Repayment term 25
Interest rate 0.5
Your payment £542 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £350,000 Contents value up to £40,000 Average insurance cost £16/mo (£194/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £28 Electricity £30 Estimated energy cost £58/mo (£697/yr)

Reduce your energy costs by up to £107/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2100 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Reigate and Banstead

Estimated tax band C Council tax cost £146 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Public info

Property type: Flat | Tenure: Leasehold | Last sale: £170,000 | Sale date: 23rd Mar 2012 - Previous sales
Property type: Flat | Tenure: Leasehold | Previous sale: £194,950 | Sale date: 26th Oct 2007
Property type: Flat | Tenure: Leasehold | Previous sale: £165,000 | Sale date: 30th Jul 2004
Property type: Flat | Tenure: Leasehold | Previous sale: £125,000 | Sale date: 5th Sep 2002
Property type: Flat | Tenure: Leasehold | Previous sale: £94,000 | Sale date: 26th Jan 2001

This 1 bed leasehold flat is located at 63 Grovehill Road, Redhill RH1 6PJ and has an estimated current value of £255,000. Grovehill Road has 139 houses and flats on it with a average current value of £411,354, compared to an average property value of £424,431 for RH1. There have been 39 property sales on Grovehill Road, RH1 over the last 5 years with an average house price paid of £304,467 and this flat was last sold on 23rd Mar 2012 for £170,000. There are currently 285 houses and flats for sale in RH1 with an average asking price of £456,280 and 143 homes to rent in RH1 with an average asking rent of £350 pw.

Owner info

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Market activity
Average price paid £375,674 Sales 781 Current average value £424,431 (Zoopla Zed-Index) Value change £29,002 ▲ 7.33%

What is the current average value of properties in RH1?

The current average value in RH1 in December 2016 is £424,431. This has increased 3.15% from September 2016. Terraced properties sold for a current average value of £379,881 and semi-detached properties valued £434,791. In the past year property prices in RH1 have increased 7.33%. This is according to the current Zoopla estimates.

Property value data/graphs for RH1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £723,461 £425 3.9 £605,954
Semi-detached £434,791 £416 3.2 £412,497
Terraced £379,881 £391 2.9 £364,085
Flats £252,800 £391 1.7 £235,889

Current asking prices in RH1

Average: £458,722
Avg. current asking prices in RH1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £142,667
(3)
£331,100
(34)
£487,617
(108)
£617,672
(46)
£880,447
(19)
Flats £199,613
(31)
£270,744
(34)
£336,667
(3)
- -
All £194,588
(34)
£300,922
(68)
£483,537
(111)
£617,672
(46)
£880,447
(19)

Current asking rents in RH1

Average: £1,096 pcm
Avg. current asking prices in RH1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £849 pcm
(1)
£1,153 pcm
(16)
£1,250 pcm
(8)
£1,780 pcm
(8)
£2,249 pcm
(1)
Flats £856 pcm
(26)
£1,063 pcm
(49)
£1,274 pcm
(1)
- -
All £856 pcm
(27)
£1,085 pcm
(65)
£1,252 pcm
(9)
£1,780 pcm
(8)
£2,249 pcm
(1)

Fun facts for RH1

Highest value in RH1
Highest value streets Zed-Index
Church Hill £1,207,958
Place Farm Road £1,081,719
The Avenue £1,078,750
The Fairways £1,072,415
Cronks Hill Road £1,028,221
Highest turnover in RH1
Highest turnover streets Turnover
Oaklands Drive 57.9%
Bramble Close 52.9%
Holmesdale Avenue 50.0%
Osborne Road 50.0%
School Hill 50.0%

What Zoopla users think of Redhill

Overall rating:

  • currently 3.5 stars
Good - 74% (97 ratings)

Ratings breakdown:

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