38 Observatory Walk

    38, OBSERVATORY WALK, REDHILL, REDHILL, RH1 1HL

    This terraced freehold property on Observatory Walk last sold in August 1997 for £75,000. Based on price growth in the RH1 district since then, its estimated current value is £411,048 — placing it in the 69th percentile nationally and the 44th percentile within RH1. The property covers 83 m² (893 sq ft), giving an estimated value of £4,952 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    893 sq ft

    83 m²

    Last Sale Price

    £75,000

    Aug 1997

    Estimated Valuation

    £411,048

    Est. £/sq ft

    £460/sq ft

    £4,952/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area893 sq ft (83 m²)
    EPC dateJun 2025
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Aug 1997

    New build

    £75,000

    Key Metrics

    Estimated valuation£411,048
    Value per sq ft / m²£460/sq ft (£4,952/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile44th percentile
    National percentile69th percentile

    District Context — RH1

    RH1 covers Redhill and the surrounding areas in central Surrey, positioned between London and the South Coast. It is a commuter-friendly district with a mix of suburban residential character and local commercial activity.

    Average Property Price - RH1

    £474,137

    78

    National percentile

    Average Net Household Income - RH1

    £50,908

    90

    National percentile

    10-Year Annualised Price Growth - RH1

    3.5%

    46

    National percentile

    10-Year Annualised Rent Growth - RH

    3.6%

    34

    National percentile

    View full analysis for RH1

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