Shared ownership

1/14

Shared ownership

1/14

2 bed flat for sale Marketfield Way, Redhill, RH1

Asking price

£337,500

Added on 29/09/2026

33% share · about £1,022,727 full value

Type: Flat
Bedrooms: 2
Bathrooms: 1
Size: £498 per sq ft
Tenure: Leasehold; 245 years left(from the agent's description)

Service charge £1,836 a year Council tax Band D £2,567 a year

* From the agent's description. Check it with them before you rely on it.

Key features

Modern apartment with balcony access directly from the living area
Shares available from 33%
Double bedrooms with ample storage space
Open Plan kitchen/dining/living area
Town centre location and 2 minute walk to Redhill Train Station
No Onward Chain

About this property

First-floor apartment in a sought-after town centre location. The property features a spacious open-plan living and dining area with direct access to a private balcony, ideal for relaxing or entertaining. Situated just a stone's throw from the High Street, it offers excellent convenience and access to local amenities. Both double bedrooms benefit from generous storage space, while the modern bathroom is fitted with a stylish three-piece suite.

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.

Location

Marketfield Way, Redhill, RH1

Open map Street View

Mortgage and stamp duty

Property price £337,500

£168k £507k

Deposit10% £34,000

£0 £338k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £303,500 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