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1 bed flat for sale Chestnut Mead, Redhill, RH1

Asking price

£130,000

Added on 24/10/2026

Type: Flat
Bedrooms: 1
Bathrooms: 1
Size: £283 per sq ft
Tenure: Leasehold

Key features

ONE BEDROOM APARTMENT
QUIET RESIDENTIAL LOCATION
LOW SERVICE CHARGES
MODERN KITCHEN
WELL-MAINTAINED DEVELOPMENT
CLOSE TO LOCAL AMENITIES

About this property

A bright and well-presented one-bedroom apartment in a sought-after Redhill location, enjoying stunning views and an abundance of natural light throughout.

Offering comfortable and low-maintenance living, the property features a spacious lounge, well-equipped kitchen, double bedroom and bathroom, all set within a welcoming community close to local amenities and transport links.

Floorplan

Council tax

Ask agent

Per year

Band A

£1,711
Band B

£1,996
Band C

£2,281
Band D

£2,567
Band E

£3,137
Band F

£3,707
Band G

£4,278
Band H

£5,133

The agent hasn't said which band this home is in; you can look it up on GOV.UK. In Reigate and Banstead, 2026/27 bills run from £1,711 a year in band A to £5,133 in band H.

Figures from MHCLG (Open Government Licence v3): the average bill for each band across Reigate and Banstead, including the typical parish precept, so a parish's own bill can differ a little. Discounts lower the bill, such as 25% off for an adult living alone.

Property timeline

Listed

October 2026 £130,000

1 bed · 1 bath · this listing

Past sales can't be shown: the agent hasn't given the flat number.

Price guide

65 comparables · within 2.5 miles

Cheaper than 98% of the 1-bed flats for sale nearby right now.

This home, £130,000 Median £215,000 · £174,000 – £263,000

Per square foot

£283 36% under

1-bed flats nearby £446

Against sold prices

38% under

RH1 sold median £460 / sq ft, 1,202 sales

Compared with 65 1-bed flats for sale within 2.5 miles, on the market now or already under offer. The range is the middle 80% of their asking prices. Sold prices are HM Land Registry sales in RH1 over the last 24 months, per square foot of EPC floor area. All sold £/sq ft in RH1 →

Location

Chestnut Mead, Redhill, RH1

Open map Street View

Mortgage and stamp duty

Property price £130,000

£65k £195k

Deposit10% £13,000

£0 £130k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £117,000 mortgage. Most lenders would want a household income of about £26,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.

Properties sold nearby

HM Land Registry sales nearby. Floor areas from Energy Performance Certificates where matched.

Address	Type	Sold	Size	Size	£/sq ft	Price
17, Chestnut Mead Flat / maisonette	Flat / maisonette	Apr 2025	388 sq ft £297/sq ft	388 sq ft	£297	£115,000
16, Chestnut Mead Flat / maisonette	Flat / maisonette	Jan 2025	495 sq ft £353/sq ft	495 sq ft	£353	£175,000
11, Chestnut Mead Flat / maisonette	Flat / maisonette	May 2021	614 sq ft £305/sq ft	614 sq ft	£305	£187,000
7, Chestnut Mead Flat / maisonette	Flat / maisonette	Apr 2021	463 sq ft £346/sq ft	463 sq ft	£346	£160,000
1, Chestnut Mead Flat / maisonette	Flat / maisonette	Mar 2021	657 sq ft £302/sq ft	657 sq ft	£302	£198,000
15, Chestnut Mead Flat / maisonette	Flat / maisonette	Nov 2020	484 sq ft £301/sq ft	484 sq ft	£301	£146,000
2, Chestnut Mead Flat / maisonette	Flat / maisonette	Oct 2020	538 sq ft £325/sq ft	538 sq ft	£325	£175,000
5, Chestnut Mead Flat / maisonette	Flat / maisonette	Jul 2020	431 sq ft £302/sq ft	431 sq ft	£302	£130,000