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House Prices in RH1 House Prices in RH1 (Redhill)

The average house price in RH1 (Redhill) is £445,393 using HM Land Registry data.

The average property price increased by £54,840 (16.42%) over the last 5 years and increased by £10,988 (2.65%) over the last 12 months.

Over the last year, there were 449 residential property sales – a decrease of 244 transactions (-54.34%) relative to the previous year. The majority of house sales (101) were in the £328,000 - £436,000 range. Then came properties in the £436,000 - £544,000 range, where 96 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 205 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,200 (-2%).

In February 2025, there were 119 new estate agency instructions, 87 agreed home sales and 65 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) - February 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
9 Willow Walk, Redhill, Surrey, RH1 6RP£330,000£325,000-£5,00004 Apr 202421 Jan 2025292 Days
32 Cronks Hill Road, Redhill, Surrey, RH1 6LZ£1,000,000£960,000-£40,00029 Jul 202415 Jan 2025170 Days
1 Harwood Park, Redhill, Surrey, RH1 5EJ£875,000£875,000£027 Aug 202415 Jan 2025141 Days
17 Arbutus Close, Redhill, Surrey, RH1 6NP£475,000£475,000£005 Aug 202410 Jan 2025158 Days
43 Tylehurst Drive, Redhill, Surrey, RH1 6EL£290,000£290,000£016 Aug 202420 Dec 2024126 Days
Flat 14, Stirling House, Garlands Road, Redhill, Surrey, RH1 6PR£190,000£190,000£025 Aug 202420 Dec 2024117 Days
42 Brookfield Close, Redhill, Surrey, RH1 5BP£350,000£346,500-£3,50020 May 202419 Dec 2024213 Days
31 Kings Avenue, Redhill, Surrey, RH1 6QH£625,000£610,000-£15,00025 Jun 202418 Dec 2024176 Days
15 Willow Walk, Redhill, Surrey, RH1 6RP£320,000£310,000-£10,00024 Apr 202418 Dec 2024238 Days
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

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 2FGLower MeadRedhill£110,3333
RH1 1TBRedlin Court, Linkfield LaneRedhill£110,4287
RH1 2JNLondon RoadRedhill£127,05423
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
RH1 1JXLadbroke RoadRedhill£193,1254

Explore RH1 (Redhill) using map

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