2 Beach Cottages Millers Lane

    2 BEACH COTTAGES, MILLERS LANE, OUTWOOD, REDHILL, RH1 5PU

    This semi-detached freehold property on Millers Lane last sold in February 2016 for £475,000. Based on price growth in the RH1 district since then, its estimated current value is £595,770 — placing it in the 86th percentile nationally and the 75th percentile within RH1. The property covers 81 m² (872 sq ft), giving an estimated value of £7,355 per m². The EPC rating is E, with a potential rating of D.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    872 sq ft

    81 m²

    Last Sale Price

    £475,000

    Feb 2016

    Estimated Valuation

    £595,770

    Est. £/sq ft

    £683/sq ft

    £7,355/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelLPG (not community)
    EPC currentE
    EPC potentialD
    Floor area872 sq ft (81 m²)
    EPC dateJul 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    23 Feb 2016

    £475,000

    29 Mar 1999

    £164,950

    Key Metrics

    Estimated valuation£595,770
    Value per sq ft / m²£683/sq ft (£7,355/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile75th percentile
    National percentile86th 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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