Redhill property prices

The average property price in Redhill postcode area is £478k. The average price increased by £53.9k (13%) over the last twelve months. The price of an established property is £480k. The price of a newly built property is £441k. There were 7.9k property sales and sales increased by 5.0% (408 transactions). Most properties were sold in the £300k-£400k price range with 2084 (26.3%) properties sold, followed by £500k-£750k price range with 1607 (20.2%) properties sold.

September 2020 - August 2021

Redhill postcode area

England and Wales

£478k

average property price

£339k

average property price

13%

average price percentage change

12%

average price percentage change

£53.9k

average price change

£35.7k

average price change

Redhill house prices map

This price map shows the average property price in a given postcode sector between September 2020 - August 2021. The most affordable place was 'RH11 6' with the average price of £259k. The most expensive place was 'RH5 6', £991k.

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 September 2020 - August 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 £478k, 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 September 2020 - August 2021.

Redhill property sales share by price range
Property price rangeMarket shareSales volumes
£50k-£100k0.4%33
£100k-£150k1.0%81
£150k-£200k4.0%319
£200k-£250k6.9%547
£250k-£300k11.1%882
£300k-£400k26.3%2.1k
£400k-£500k18.7%1.5k
£500k-£750k20.2%1.6k
£750k-£1M7.0%553
over £1M4.4%349

Redhill cost comparison of new homes and older homes

September 2020 - August 2021

Redhill cost comparison of new homes and older homes

£441k

A newly built property

£480k

An established property

Redhill cost comparison of houses and flats

September 2020 - August 2021

Redhill cost comparison of houses and flats

£715k

Detached

£242k

Flat

£439k

Semi-Detached

£354k

Terraced

Redhill property price by number of rooms

The average nominal property price by number of rooms. Kitchen is included in the number of rooms.

Average price by number of rooms

Redhill real house prices

Yearly average nominal house prices adjusted for inflation.

Redhill real house prices

Redhill house prices

Yearly average nominal prices compared to England & Wales' house prices

Redhill house prices

Redhill house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Redhill house prices per square meter

Redhill house prices and nearby areas

Yearly average nominal prices

Redhill house prices and nearby areas

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

house prices per square meter

new home prices

property transactions

crime statistics

energy costs

salary and unemployment

home features

home energy certificates

population statistics

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