UPPER FLAT, 26, RIDGEWAY ROAD, REDHILL, RH1 6PH - £173,000

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 midsized flat of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £247,271. It was last sold for £173,000 in July 2013, which was around 8% below the average July 2013 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was C.

UPPER FLAT Sold Prices

Land registry data shows two sales for UPPER FLAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two UPPER FLAT 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
2013 10 JUL	£173,000	£188,674	8% below HPI
2007 19 OCT	£181,000	£201,105	10% below HPI

What might UPPER FLAT be worth now?

UPPER FLAT might now be worth an estimated £247,271.

This is based on house price inflation of 42.9%, between July 2013 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 42.9% inflationary increase is applied to the most recent sale price for UPPER FLAT of £173,000 on 10th July 2013. For the value to have increased from £173,000 to £247,271 over the thirteen years and two 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 July 2013 sale price of £173,000 represented a fair market value for the property.
• The size, condition, and specification of UPPER FLAT has not materially changed since July 2013.

How Large is UPPER FLAT?

UPPER FLAT is 58m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 50% of flats in Redhill, based on EPC data. 46% of flats are smaller than UPPER FLAT, and 52% 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 0.084 of an acre, or 339m².