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House Prices in RH1 House Prices in RH1 (Redhill)

The average house price in RH1 (Redhill) is £416,888 using HM Land Registry data.

The average property price increased by £60,040 (16.42%) over the last 5 years and increased by £12,027 (2.65%) over the last 12 months.

Over the last year, there were 468 residential property sales – a decrease of 260 transactions (-55.56%) relative to the previous year. The majority of house sales (106) were in the £328,000 - £436,000 range. Then came properties in the £436,000 - £544,000 range, where 101 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 162 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,200 (-2%).

In January 2025, there were 149 new estate agency instructions, 86 agreed home sales and 60 property price reductions.

Nearby Postcodes: BN13, BN14, BN18, BN44, BN5, BN6, BN8, CR3, CR5, CR6, CR8, GU28, GU6, GU8, KT20, RH10, RH11, RH12, RH13, RH14, RH15, RH16, RH17, RH18, RH19, RH2, RH20, RH3, RH5, RH6, RH7, RH8, RH9, SM5, SM7, TN22, TN7, TN8

5-Year Average Property Prices in RH1 (Redhill)

16.42%

Property prices in RH1 (Redhill) increased by 16.42% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in RH1 (Redhill) Over the Last Year

2.65%

Property prices in RH1 (Redhill) increased by 2.65% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for RH1 (Redhill) - January 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in RH1 (Redhill)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in RH1 (Redhill)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in RH1 (Redhill)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the RH1 (Redhill) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RH1 postcode area since 1995.

Recent Sales in RH1 (Redhill)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Grange Close, Merstham, Redhill, Surrey, RH1 3DY£800,000£785,000-£15,00027 Aug 202416 Dec 2024111 Days
29 Albert Road, Merstham, Redhill, Surrey, RH1 3LU£425,000£420,000-£5,00030 Apr 202412 Dec 2024226 Days
51 Radstock Way, Merstham, Redhill, Surrey, RH1 3NF£239,950£230,000-£9,95013 Mar 202411 Dec 2024273 Days
20 Tilgate Common, Bletchingley, Redhill, Surrey, RH1 4NP£525,000£515,000-£10,00015 Jul 202411 Dec 2024149 Days
Burnside, The Avenue, South Nutfield, Redhill, Surrey, RH1 5RY£950,000£950,000£028 Aug 202409 Dec 2024103 Days
46 Goodwood Road, Redhill, Surrey, RH1 2HH£465,000£465,000£002 Aug 202405 Dec 2024125 Days
13 Ardshiel Drive, Redhill, Surrey, RH1 6QN£600,000£577,000-£23,00025 Jun 202429 Nov 2024157 Days
16 Kings Avenue, Redhill, Surrey, RH1 6QH£485,000£472,000-£13,00005 Aug 202429 Nov 2024116 Days
4 Westway Gardens, Redhill, Surrey, RH1 2JA£600,000£580,000-£20,00029 May 202429 Nov 2024184 Days
1 Sylvan Way, Redhill, Surrey, RH1 4DE£650,000£640,000-£10,00022 May 202429 Nov 2024191 Days
Hillbrow, New House Lane, Salfords, Redhill, Surrey, RH1 5RA£600,000£595,000-£5,00027 Apr 202419 Nov 2024206 Days
135 Wordsworth Mead, Redhill, Surrey, RH1 1AL£399,950£222,000-£177,95029 Feb 201218 Nov 20244646 Days
89 Huddleston Crescent, Merstham, Redhill, Surrey, RH1 3JS£450,000£440,000-£10,00027 Jun 202415 Nov 2024141 Days
117 Horley Road, Redhill, Surrey, RH1 5AS£700,000£700,000£019 Feb 202415 Nov 2024270 Days
45 Royal Earlswood Park, Redhill, Surrey, RH1 6TJ£550,000£527,000-£23,00011 Mar 202406 Nov 2024240 Days
39 Woodhatch Road, Redhill, Surrey, RH1 5HP£950,000£950,000£031 May 202406 Nov 2024159 Days
113 Alpine Road, Redhill, Surrey, RH1 2LE£450,000£425,000-£25,00022 Jul 202401 Nov 2024102 Days
144 Garlands Road, Redhill, Surrey, RH1 6NZ£600,000£600,000£018 Apr 202431 Oct 2024196 Days
47 Brooklands Way, Redhill, Surrey, RH1 2BN£325,000£320,000-£5,00003 May 202429 Oct 2024179 Days
168 Brambletye Park Road, Redhill, Surrey, RH1 6ED£465,000£465,000£021 Jun 202425 Oct 2024126 Days

Most Expensive Streets in RH1 (Redhill)

PostcodeStreetAreaAverageNo. of Sales
RH1 6LYCronks Hill RoadRedhill£1,334,7005
RH1 3BZRockshaw Road, MersthamRedhill£1,322,5004
RH1 5QBMillers Lane, OutwoodRedhill£1,228,1254
RH1 3ADShepherds Hill, MersthamRedhill£1,166,6663
RH1 6BEBlackstone HillRedhill£1,120,0003
RH1 3DBRockshaw Road, MersthamRedhill£1,116,6663
RH1 4LBCastle Square, BletchingleyRedhill£1,105,0003
RH1 5RPMid Street, South NutfieldRedhill£1,088,7504
RH1 3DUSouth Close Green, MersthamRedhill£1,070,6254
RH1 3BLChurch Hill, MersthamRedhill£1,043,7504

Least Expensive Streets in RH1 (Redhill)

PostcodeStreetAreaAverageNo. of Sales
RH1 6GFTalfourd WayRedhill£86,5003
RH1 2FGLower MeadRedhill£110,3333
RH1 1TBRedlin Court, Linkfield LaneRedhill£110,4287
RH1 2JNLondon RoadRedhill£128,49025
RH1 3FSFieldoaks Way, MersthamRedhill£132,68111
RH1 2NXThe KilnsRedhill£138,1258
RH1 1DULinkfield LaneRedhill£144,95010
RH1 1DRChestnut MeadRedhill£166,0006
RH1 2JFParklands, Lynwood RoadRedhill£180,70010
RH1 1TUParkham House, Reynolds AvenueRedhill£187,7229

Explore RH1 (Redhill) using map

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