Flat 2 48 Somerset Road

    FLAT 2 48, SOMERSET ROAD, REDHILL, RH1 6LT

    This flat/maisonette leasehold property on Somerset Road last sold in July 2023 for £265,000. Based on price growth in the RH1 district since then, its estimated current value is £269,956 — placing it in the 42nd percentile nationally and the 20th percentile within RH1. The property covers 55 m² (592 sq ft), giving an estimated value of £4,908 per m². The EPC rating is G, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    592 sq ft

    55 m²

    Last Sale Price

    £265,000

    Jul 2023

    Estimated Valuation

    £269,956

    Est. £/sq ft

    £456/sq ft

    £4,908/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialD
    Floor area592 sq ft (55 m²)
    EPC dateFeb 2023
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, electric

    Transaction History

    31 Jul 2023

    £265,000

    10 Jul 2015

    £224,000

    26 Aug 2011

    £137,000

    25 Nov 2002

    £134,950

    23 Jun 1999

    £68,000

    Key Metrics

    Estimated valuation£269,956
    Value per sq ft / m²£456/sq ft (£4,908/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile20th percentile
    National percentile42nd 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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