Average Price for property in Grange Drive, Merstham, Redhill, RH1 is around £397,014 which varies based on type of property you are interested in and ranges from £708,009 for detached house to around £652,460 for semi-detached. Similarly terraced house is around £315,175 and a flat is worth £246,865. Values have been changing and have risen £2,803 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,367 in last 6 months, £32,651 in last 1 year, £57,586 in last 2 years, £68,659 in last 3 years, £63,181 in last 4 years and £64,617 in last 5 years.
Currently average asking price of a property in Grange Drive, Merstham, Redhill, RH1 is around £384,303 based on approximately 2 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 Grange Drive, Merstham, Redhill, RH1 is £397,014. Average asking price is £384,303 while average price paid is £255,750 which is up by £32,651 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 Grange Drive, Merstham, Redhill, RH1 area. In last 1 year alone average price buyer paid is around £255,750 based on approximately 2 sales in Grange Drive, Merstham, Redhill, RH1 area alone. If you compare it to last 3 years sales of 5 properties where buyers paid around £277,800. 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 £252,332 for 6 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £294,999 per sale.