3 Reed Drive

    3, REED DRIVE, REDHILL, RH1 6TA

    This terraced freehold property on Reed Drive last sold in February 2023 for £615,000. Based on price growth in the RH1 district since then, its estimated current value is £631,634 — placing it in the 87th percentile nationally and the 79th percentile within RH1. The property covers 131 m² (1,410 sq ft), giving an estimated value of £4,822 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,410 sq ft

    131 m²

    Last Sale Price

    £615,000

    Feb 2023

    Estimated Valuation

    £631,634

    Est. £/sq ft

    £448/sq ft

    £4,822/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,410 sq ft (131 m²)
    EPC dateMar 2017
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Feb 2023

    £615,000

    11 Feb 2021

    £525,000

    23 Nov 2005

    £315,000

    30 Jun 2000

    New build

    £259,995

    Key Metrics

    Estimated valuation£631,634
    Value per sq ft / m²£448/sq ft (£4,822/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile79th percentile
    National percentile87th 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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