Average Price for property in Chapel Road, Redhill, RH1 is around £261,351 which varies based on type of property you are interested in and ranges from £643,555 for detached house to around £245,426 for a flat. Values have been changing and have risen £1,716 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,122 in last 6 months, £19,984 in last 1 year, £35,246 in last 2 years, £42,025 in last 3 years, £38,674 in last 4 years and £39,554 in last 5 years.
Currently average asking price of a property in Chapel Road, Redhill, RH1 is around £384,303 based on approximately 3 properties for sale. Same is the case with rental options based on 116 properties up for rent, average asking rent is around £1,485 per month.
Estimated property value in Chapel Road, Redhill, RH1 is £261,351. Average asking price is £384,303 while average price paid is £156,333 which is up by £19,984 and Avg. asking rent £1,485.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Chapel Road, Redhill, RH1 area. In last 1 year alone average price buyer paid is around £156,333 based on approximately 3 sales in Chapel Road, Redhill, RH1 area alone. If you compare it to last 3 years sales of 8 properties where buyers paid around £155,937. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £172,057 for 13 and average amount paid for purchase of approx. 16 properties sold in last 7 years comes to about £189,171 per sale.