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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: £247,000

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Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £247,000
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  • Value change
    2,950 (1.2%) 6,650 (-2.6%) 6,200 (-2.4%) 9,050 (3.8%) 36,800 (17.5%) 54,050 (27.9%) 70,150 (39.6%)  
    from 
  • Rental value
    £850 pcm
  • Confidence level
    96
  • Value range
    £238,000 - £257,000
  • Rental range
    £800 - £950 pcm

Monthly running costs Beta

£830 Monthly total

Remortgage

Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 of 1.5%.

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 £36 Estimated energy cost £64/mo (£768/yr)

Similar properties could save up to £175

How Much Could I Save? In partnership with uSwitch
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 £158 /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 £247,000. Grovehill Road has 140 houses and flats on it with a average current value of £411,872, compared to an average property value of £417,494 for RH1. There have been 37 property sales on Grovehill Road, RH1 over the last 5 years with an average house price paid of £331,547 and this flat was last sold on 23rd Mar 2012 for £170,000. There are currently 408 houses and flats for sale in RH1 with an average asking price of £414,498 and 139 homes to rent in RH1 with an average asking rent of £287 pw.

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What Zoopla users think of Redhill

Overall rating:

  • currently 3.5 stars
Good - 75% (114 ratings)

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Local info for Reigate and Banstead

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