Flat 4, Picture House, 1 Marketfield Way, Redhill
LE

Flat 4, Picture House, 1 Marketfield Way, Redhill

By Leaders Sales

£ 255,000

Reviews

3 out of 5 stars

Leaders Sales says ..

A one bedroom first floor apartment located within the centre of Redhill in Surrey. The property provides bright and well-presented accommodation comprising a spacious living/dining space open plan with a fitted kitchen and providing access to a private balcony, a large double bedroom with built ...

Property Oracle says ..

This one-bedroom apartment in Redhill, Surrey, presents a potentially appealing opportunity for first-time buyers or investors. Situated in the Picture House development at 1 Marketfield Way, it boasts a central location with close proximity to Redhill train station. The provided photographs showcase a modern interior, suggesting a property in good condition with contemporary fixtures and fittings. The open-plan living space and kitchen area create a sense of spaciousness, while the inclusion of a private balcony offers an added outdoor area. The apartment is centrally located.

The absence of details on plot size and the presence of other comparable listings at varying prices highlights the need for caution when assessing the value. Further research into the precise square footage and comparative analysis of local sales data would strengthen the assessment of the property’s value in relation to the listed price. This apartment offers a modern, convenient, and relatively well-maintained living space in a desirable location. However, further investigation would be essential before making a final determination regarding its overall suitability and value.

Considering the central location near a major transportation hub and schools, the modern interior, and access to a small balcony, the overall impression suggests a functional and appealing property. Yet, the limited land, a common feature of apartment living, and the need for more comprehensive comparative market data to fully understand value, warrant a balanced assessment.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
8
Location
7
Land
2
Bedrooms
1
Bathrooms
1
Sqft (est)
569.41

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
300,333.00 £
Decreased by 25.41 %
from 402,619.00 £
Est sale value
323,994.29 £
Increased by 40.15 %
from 231,180.46 £
Average area rental value
1,664.00 £/mo
Increased by 4.92 %
from 1,586.00 £/mo
Est letting value
1,708.23 £/mo
Increased by 200.00 %
from 569.41 £/mo
Est rental Yield
6.65 %
Increased by 40.59 %
from 4.73 %
Crime Rate
92.00 %
Unchanged by 0.00 %
from 92.00 %

Agent Activity

  • Leaders Sales created the listing.

Nearby Schools

NameTypeOfstedDistance
Welcare In East Surrey Sure Start Children'S CentreChildren's Centre0.49 KM
Carrington SchoolAcademy ConverterRequires improvement0.69 KM
St Matthew'S Cofe Primary SchoolAcademy Sponsor Led0.72 KM
Earlswood Infant And Nursery SchoolCommunity SchoolGood1.04 KM
Steppingstones Sure Start Children'S CentreChildren's Centre1.06 KM

Images

Picture No. 08 Picture No. 06 Picture No. 01 Picture No. 09 Picture No. 02 Picture No. 03 Picture No. 07

Nearby Streets

NameAverage PriceAverage SqftDistance
Gallery Walk £ 000.00 KM
Saint Annes Mount £ 275,00000.00 KM
Wiggie Lane to Cavendish Road Railway Bridge £ 000.00 KM
Radnor Court £ 000.00 KM
Lakeside £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Redhill5478RDH0.13 KM
Earlswood (Surrey)5414ELD1.43 KM
Merstham5475MHM3.30 KM
Nutfield5476NUF4.05 KM
Reigate5480REI4.10 KM

Nearby Listings

AddressPriceTypeScoreDistance
Flat 4, Picture House, 1 Marketfield Way, Redhill £ 255,000BUY6 / 100.00 KM
Marketfield Way, Redhill, Surrey £ 96,000BUY6 / 100.01 KM
Marketfield Way, Redhill, Surrey £ 240,000BUY6 / 100.01 KM
Marketfield Way, Redhill, Surrey £ 270,000BUY5 / 100.01 KM
Marketfield Way, Redhill, Surrey, RH1 £ 360,000BUY6 / 100.01 KM

Nearby Properties

AddressPriceDistance
13 Fenton Close £ 165,0000.24 KM
4 Fenton Close £ 115,0000.24 KM
8 Fenton Close £ 300,0000.24 KM
14 Fenton Close £ 275,0000.24 KM
6 Fenton Close £ 89,9500.24 KM