Average Price for property in Millers Lane, Outwood, Redhill, RH1 is around £798,480 which varies based on type of property you are interested in and ranges from £885,017 for detached house to around £611,848 for semi-detached. Similarly terraced house is around £340,263. Values have been changing and have risen £5,415 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £16,167 in last 6 months, £63,095 in last 1 year, £111,276 in last 2 years, £132,671 in last 3 years, £122,077 in last 4 years and £124,845 in last 5 years.
Currently average asking price of a property in Millers Lane, Outwood, Redhill, RH1 is around £384,303 based on approximately 1 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 Millers Lane, Outwood, Redhill, RH1 is £798,480. Average asking price is £384,303 while average price paid is £250,000 which is up by £63,095 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 Millers Lane, Outwood, Redhill, RH1 area. In last 1 year alone average price buyer paid is around £250,000 based on approximately 1 sales in Millers Lane, Outwood, Redhill, RH1 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £346,666. 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 £429,277 for 9 and average amount paid for purchase of approx. 11 properties sold in last 7 years comes to about £431,454 per sale.