UPPER FLAT, 60, RIDGEWAY ROAD, REDHILL, RH1 6PH - £423,000

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 71m², built sometime between 1900 and 1929, which could now be worth an estimated £448,046. It was last sold for £423,000 in June 2020, which was around 66% above the average June 2020 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2010, where the current energy rating was F, and the potential energy rating was E.

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
2020 12 JUN	£423,000	£254,599	66% above HPI
2014 18 JUL	£335,000	£209,089	60% above HPI
2011 6 APR	£240,000	£174,555	37% above HPI
1998 24 SEP	£106,000	£73,517	44% above HPI
1995 17 NOV	£71,000	£56,167	26% above HPI

What might UPPER FLAT be worth now?

UPPER FLAT might now be worth an estimated £448,046.

This is based on house price inflation of 5.9%, between June 2020 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 5.9% inflationary increase is applied to the most recent sale price for UPPER FLAT of £423,000 on 12th June 2020. For the value to have increased from £423,000 to £448,046 over the six years and one month 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 June 2020 sale price of £423,000 represented a fair market value for the property.
• The size, condition, and specification of UPPER FLAT has not materially changed since June 2020.

How Large is UPPER FLAT?

UPPER FLAT is 71m² according to the EPC inspection conducted in October 2010. This puts it in the largest 20% of flats in Redhill, based on EPC data. 81% of flats are smaller than UPPER FLAT, and 19% 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 0.061 of an acre, or 245m².