FLAT 4, MACKRELLS, PENDLETON ROAD, REDHILL, RH1 6LF - £220,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 4 MACKRELLS is a large flat of 63m², built sometime between 1950 and 1966, which could now be worth an estimated £245,159. It was last sold for £220,000 in February 2016, which was around 11% below the average February 2016 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was C.

FLAT 4 MACKRELLS Sold Prices

Land registry data shows three sales for FLAT 4 MACKRELLS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three FLAT 4 MACKRELLS sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 3 FEB	£220,000	£247,392	11% below HPI
2007 29 JUN	£147,950	£195,764	24% below HPI
2002 22 MAR	£104,000	£120,976	14% below HPI

What might FLAT 4 MACKRELLS be worth now?

FLAT 4 MACKRELLS might now be worth an estimated £245,159.

This is based on house price inflation of 11.4%, between February 2016 and April 2026, for flats, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 11.4% inflationary increase is applied to the most recent sale price for FLAT 4 MACKRELLS of £220,000 on 3rd February 2016. For the value to have increased from £220,000 to £245,159 over the nine years and ten months to April 2026, the following assumptions must hold true:

• The value of FLAT 4 MACKRELLS has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The February 2016 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 4 MACKRELLS has not materially changed since February 2016.

How Large is FLAT 4 MACKRELLS?

FLAT 4 MACKRELLS is 63m² according to the EPC inspection conducted in November 2015. This puts it in the largest 40% of flats in Redhill, based on EPC data. 61% of flats are smaller than FLAT 4 MACKRELLS, and 37% of flats are larger. Note that EPC data is not available for all properties in Redhill.

FLAT 4 MACKRELLS: Plot

FLAT 4 MACKRELLS sits on a plot of roughly 0.841 of an acre, or 3,404m².

Where is FLAT 4 MACKRELLS?

FLAT 4, MACKRELLS is located on PENDLETON ROAD in REDHILL, in the RH1 postcode district.