Lane Cottage Old Mill Lane

    LANE COTTAGE, OLD MILL LANE, MERSTHAM, REDHILL, RH1 3BE

    This detached freehold property on Old Mill Lane last sold in October 2016 for £380,000. Based on price growth in the RH1 district since then, its estimated current value is £456,752 — placing it in the 75th percentile nationally and the 54th percentile within RH1. The property covers 51 m² (549 sq ft), giving an estimated value of £8,956 per m². The EPC rating is F, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    549 sq ft

    51 m²

    Last Sale Price

    £380,000

    Oct 2016

    Estimated Valuation

    £456,752

    Est. £/sq ft

    £832/sq ft

    £8,956/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialB
    Floor area549 sq ft (51 m²)
    EPC dateMay 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Oct 2016

    £380,000

    11 Aug 2006

    £246,500

    23 May 2002

    £170,000

    Key Metrics

    Estimated valuation£456,752
    Value per sq ft / m²£832/sq ft (£8,956/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile54th percentile
    National percentile75th 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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