UPPER FLAT, 29, UPPER BRIDGE ROAD, REDHILL, RH1 6DE - £425,000

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.

UPPER FLAT is a very large flat of 104m², built sometime before 1900, which could now be worth an estimated £442,278. It was last sold for £425,000 in September 2021, which was around 64% above the average September 2021 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2014, where the current energy rating was E, and the potential energy rating was D.

UPPER FLAT Sold Prices

Land registry data shows five sales for UPPER FLAT since 1^st January 1995. The below table shows the price paid for the five sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. All of the five UPPER FLAT sales were for above 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
2021 24 SEP	£425,000	£259,139	64% above HPI
2019 16 DEC	£369,000	£253,854	45% above HPI
2016 4 MAR	£322,000	£246,476	31% above HPI
2006 26 JUL	£220,000	£176,079	25% above HPI
1998 27 NOV	£90,000	£74,249	21% above HPI

What might UPPER FLAT be worth now?

UPPER FLAT might now be worth an estimated £442,278.

This is based on house price inflation of 4.1%, between September 2021 and May 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 4.1% inflationary increase is applied to the most recent sale price for UPPER FLAT of £425,000 on 24th September 2021. For the value to have increased from £425,000 to £442,278 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of UPPER FLAT has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The September 2021 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of UPPER FLAT has not materially changed since September 2021.

How Large is UPPER FLAT?

UPPER FLAT is 104m² according to the EPC inspection conducted in December 2014. This puts it in the largest 10% of flats in Redhill, based on EPC data. 96% of flats are smaller than UPPER FLAT, and 4% of flats are larger. Note that EPC data is not available for all properties in Redhill.

UPPER FLAT: Plot

UPPER FLAT sits on a plot of roughly 0.080 of an acre, or 325m².