1/18
£350,000
Flat · 2 beds · 2 baths · 760 sq ft
Marketfield Way, Redhill, RH1
Leasehold
Added on 26/09/2026 
Shared ownership
1/16
Shared ownership
1/16
2 bed flat for sale Redhill, RH1
Guide Price
£185,000
Added on 01/10/2026
Added on 01/10/2026
50% share · £370,000 full value
- Type
- Flat
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- £233 per sq ft
- Tenure
- Leasehold
Service charge £3,000 a year(from the agent's description) EPC Energy rating band B 84
* From the agent's description. Check it with them before you rely on it.
Key features
- 50% Shared Ownership share available at £185,000
- Two bathrooms including principal en-suite
- Spacious open-plan kitchen and reception room
- Approximately 795 sq ft / 73.8 sq m
- Generous private balcony
- Third-floor position
- Modern Picture House development
- Excellent central Redhill location
- Close to Redhill station and town-centre amenities
About this property
A 50% share is available for £185,000, based on a full market value of £370,000. For Shared Ownership purchasers, the current monthly rent is £548.64, with an annual service charge of approximately £3,000.
The apartment is particularly well suited to buyers looking for more space than a typical one-bedroom starter home, with two genuine bedrooms, an en-suite to the principal bedroom and flexible accommodation for home working, guests or a young family. The open-plan kitchen and reception room creates a bright, sociable main living space, while the private balcony provides valuable outside space.
Floorplan
Energy performance
Energy rating band B 84
Current
Potential
92+
A
81-91
B
Current rating: 84 B
Potential rating: 84 B
69-80
C
55-68
D
39-54
E
21-38
F
1-20
G
This home is rated band B, scoring 84 out of 100. The average British home is band D.
Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.
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.
Location
Redhill, RH1
Mortgage and stamp duty
Property price £185,000
£92k £278k
Deposit10% £19,000
£0 £185k
Interest rate 4.5%
0.5% 15%
Repayment period 25 years
5 years 40 years
A £166,000 mortgage. Most lenders would want a household income of about £37,000 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 |
|---|---|---|---|---|---|---|
| Flat 5, Picture House, 1, Marketfield Way Flat / maisonette | Flat / maisonette | Aug 2026 | 560 sq ft £164/sq ft | 560 sq ft | £164 | £92,000 |
| Flat 9, Picture House, 1, Marketfield Way Flat / maisonette | Flat / maisonette | Feb 2026 | 764 sq ft £141/sq ft | 764 sq ft | £141 | £108,000 |
| Flat 4, Picture House, 1, Marketfield Way Flat / maisonette | Flat / maisonette | Oct 2025 | 560 sq ft £442/sq ft | 560 sq ft | £442 | £247,500 |
| Flat 37, Picture House, 1, Marketfield Way Flat / maisonette | Flat / maisonette | Oct 2025 | 764 sq ft £266/sq ft | 764 sq ft | £266 | £203,500 |
| Flat 13, Picture House, 1, Marketfield Way Flat / maisonette | Flat / maisonette | Sept 2025 | 786 sq ft £173/sq ft | 786 sq ft | £173 | £136,000 |
| Flat 57, Picture House, 1, Marketfield Way Flat / maisonette · new build | Flat / maisonette · new build | Mar 2024 | 775 sq ft £439/sq ft | 775 sq ft | £439 | £340,000 |
| Flat 41, Picture House, 1, Marketfield Way Flat / maisonette · new build | Flat / maisonette · new build | Mar 2024 | 786 sq ft £452/sq ft | 786 sq ft | £452 | £354,950 |
| Flat 14, Picture House, 1, Marketfield Way Flat / maisonette · new build | Flat / maisonette · new build | Dec 2023 | 797 sq ft £424/sq ft | 797 sq ft | £424 | £337,950 |
Area insights
The neighbourhood around this property.
Marketed by
Keller Williams UK, KWUK Region
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