Redhill property prices

The average property price in Redhill postcode area is £480k. The average price increased by £58.2k (14%) over the last twelve months. The price of an established property is £482k. The price of a newly built property is £454k. There were 7.8k property sales and sales dropped by 4.8% (-416 transactions). Most properties were sold in the £300k-£400k price range with 2032 (26.0%) properties sold, followed by £500k-£750k price range with 1574 (20.1%) properties sold.

July 2020 - June 2021

Redhill postcode area

England and Wales

£480k

average property price

£337k

average property price

14%

average price percentage change

12%

average price percentage change

£58.2k

average price change

£35.6k

average price change

Redhill house prices map

This price map shows the average property price in a given postcode sector between July 2020 - June 2021. The most affordable place was 'RH11 6' with the average price of £281k. The most expensive place was 'RH5 6', £1.0M.

Redhill house prices map

Redhill house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between July 2020 - June 2021 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Redhill house prices compared to other areasAverage price percentage change
Average property price

Redhill house price rank

With the average price of £480k, Redhill is the 21. most pricey postcode area out of 105 England and Wales' postcode areas.

Redhill house price rank

Redhill property sales share by price range

shows a number of properties sold in a given price range between July 2020 - June 2021.

Redhill property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.4%35
£100k-£150k1.0%80
£150k-£200k4.0%316
£200k-£250k6.8%532
£250k-£300k10.8%845
£300k-£400k26.0%2.0k
£400k-£500k19.1%1.5k
£500k-£750k20.1%1.6k
£750k-£1M7.0%549
over £1M4.6%358

Redhill cost comparison of new homes and older homes

July 2020 - June 2021

Redhill cost comparison of new homes and older homes

£454k

A newly built property

£482k

An established property

Redhill cost comparison of houses and flats

July 2020 - June 2021

Redhill cost comparison of houses and flats

£713k

Detached

£245k

Flat

£436k

Semi-Detached

£355k

Terraced

Redhill real house prices

Yearly average nominal house prices adjusted for inflation.

Redhill real house prices

Redhill house prices compared to England & Wales' house prices

Yearly average nominal prices

Redhill house prices

Redhill house prices per square meter

Yearly average nominal prices per square meter.

Average price per square meter

Redhill house prices and nearby areas

Yearly average nominal prices

Redhill house prices and nearby areas

Redhill house prices new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Redhill house prices new vs established

Redhill house prices by property type

Yearly average nominal prices

Redhill house prices by property type

Redhill house price to earnings ratio

The median property price to median earnings ratio is ranging between 9.8 in Crawley and 14.9 in Mole Valley. Ie. Crawley resident with middle-income needs 9.8 gross annual salaries to buy a medium-priced property. Resident in Mole Valley needs 14.9 annual salaries. The England and Wales ratio was 7.7 in 2019.
Redhill house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Crawley9.8
Reigate and Banstead10.7
Mid Sussex10.9
Horsham11.2
Tandridge12
Mole Valley14.9

Other reports for Redhill postcode area

new home prices

property transactions

salary and unemployment

home features

energy costs

home energy certificates

population statistics

crime statistics

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