18 Observatory Walk

    18, OBSERVATORY WALK, REDHILL, RH1 1HL

    This flat/maisonette leasehold property on Observatory Walk last sold in October 2023 for £155,000. Based on price growth in the RH1 district since then, its estimated current value is £157,899 — placing it in the 14th percentile nationally and the 3rd percentile within RH1. The property covers 48 m² (517 sq ft), giving an estimated value of £3,290 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    517 sq ft

    48 m²

    Last Sale Price

    £155,000

    Oct 2023

    Estimated Valuation

    £157,899

    Est. £/sq ft

    £306/sq ft

    £3,290/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area517 sq ft (48 m²)
    EPC dateJan 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Oct 2023

    £155,000

    3 Jan 2006

    £100,000

    Key Metrics

    Estimated valuation£157,899
    Value per sq ft / m²£306/sq ft (£3,290/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH1 district percentile3rd percentile
    National percentile14th 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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