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2 bed flat for sale Marketfield Way, Redhill, RH1

Asking price

£340,000

Added on 29/09/2026

Type: Flat
Bedrooms: 2
Bathrooms: 2
Size: £433 per sq ft
Tenure: Leasehold

Council tax Band D £2,567 a year

Key features

Modern apartment located in the heart of the town centre
Tastefully decorated throughout
Fitted kitchen with integrated appliances
Private balcony accessed directly from the living area
Ample storage space throughout the property
Just a stone’s throw from the high street, town centre and local amenities
Allocated parking included for added convenience
Above-average EPC energy efficiency rating B (84/84)

About this property

This stylish third-floor apartment offers modern living in an unbeatable town-centre location, just a stone’s throw from Redhill high street, the train station and a fantastic selection of brand-new restaurants, including a popular new Turkish spot that’s already become a local favourite. With trains reaching London in just over 30 minutes, it’s an ideal choice for commuters seeking both convenience and comfort.

Floorplan

Council tax

Band D £2,567 a year

Per year

Band A

£1,711
Band B

£1,996
Band C

£2,281
Band D

This home: £2,567
Band E

£3,137
Band F

£3,707
Band G

£4,278
Band H

£5,133

This home is in band D, which costs £2,567 a year in Reigate and Banstead for 2026/27.

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. Check a home's band on GOV.UK.

Price guide

100 comparables · within 1.8 miles

Priced above 81% of the 2-bed flats for sale nearby right now.

This home, £340,000 Median £290,000 · £228,500 – £352,000

Per square foot

£433 9% over

2-bed flats nearby £399

Against sold prices

6% under

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

Compared with 100 2-bed flats for sale within 1.8 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

Marketfield Way, Redhill, RH1

Open map Street View

Mortgage and stamp duty

Property price £340,000

£170k £510k

Deposit10% £34,000

£0 £340k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £306,000 mortgage. Most lenders would want a household income of about £68,000 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