12 Lower Mead

    12, LOWER MEAD, REDHILL, RH1 2FG

    This flat/maisonette leasehold property on Lower Mead last sold in July 2020 for £90,000. Based on price growth in the RH1 district since then, its estimated current value is £95,189 — placing it in the 3rd percentile nationally and the 1st percentile within RH1. The property covers 55 m² (592 sq ft), giving an estimated value of £1,731 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £90,000

    Jul 2020

    Estimated Valuation

    £95,189

    Est. £/sq ft

    £161/sq ft

    £1,731/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area592 sq ft (55 m²)
    EPC dateOct 2019
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Jul 2020

    £90,000

    19 Dec 2014

    £70,000

    18 Jan 2007

    £64,000

    Key Metrics

    Estimated valuation£95,189
    Value per sq ft / m²£161/sq ft (£1,731/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile1st percentile
    National percentile3rd 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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