Redhill

Area Guide For Redhill

Redhill is a town in the precinct of Reigate and Banstead in Surrey, England. The town, which abuts the town of Reigate to the west, is expected south of Greater London, and is a piece of the London suburbanite cinch.


The town is likewise the post town of and a diversion and business range of three connecting groups: Merstham, Earlswood and Whitebushes, and additionally of two little country towns to the east in the Tandridge District, Bletchingley and Nutfield. Holmethorpe can allude to two neighbouring improvements, one private, and the other business/mechanical and divided by the west track of the Brighton Main Line straightforwardly north of Redhill.
 

A Holmethorpe Industrial Estate part's association exists to give security to and promote enrolment among its 66 organizations and to deal with movement and neighbourhood power arranging matters. Holmethorpe had at the 2001 evaluation a populace of 1,128.

 
 

Redhill Map

Estimated Price: £364,368
Average Asking Price: £384,443
Price change in last one year: £32,792
Average Price Paid: £277,406
Average Rent Rates: £1,490

 
 

Property Prices Breakdown in Redhill

Average Price for property in Redhill is around £364,368 which varies based on type of property you are interested in and ranges from £626,175 for detached house to around £365,464 for semi-detached. Similarly terraced house is around £331,935 and a flat is worth £219,158. Values have been changing and have risen £2,276 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,739 in last 6 months, £32,792 in last 1 year, £55,640 in last 2 years, £64,706 in last 3 years, £59,613 in last 4 years and £60,151 in last 5 years.

Currently average asking price of a property in Redhill is around £384,443 based on approximately 756 properties for sale. Same is the case with rental options based on 114 properties up for rent, average asking rent is around £1,490 per month.

Estimated property value in Redhill is £364,368. Average asking price is £384,443 while average price paid is £305,738 which is up by £32,792 and Avg. asking rent £1,490.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 Redhill area. In last 1 year alone average price buyer paid is around £305,738 based on approximately 756 sales in Redhill area alone. If you compare it to last 3 years sales of 2,402 properties where buyers paid around £284,205. 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 £277,406 for 3,808 and average amount paid for purchase of approx. 5,274 properties sold in last 7 years comes to about £272,567 per sale.

 
 

Properties For Sale in Redhill

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £175,000, £300,496 for a 2 bedroom house, £375,568 for a 3 bedroom house, £549,599 for a 4 bedroom house and £809,588 for a 5 bedroom house. For a flat similarly the prices varies from £168,133 for a single bedroom to £234,621 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £272,000. To sum up the asking prices for properties in Redhill it comes to around average £168,787 for 1 bedroom property, £259,215 for 2 bedroom, £366,937 for 3 bedroom, £549,599 for 4 bedroom and £809,588 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £973 for 1 bedroom to £1,056 for 2 bedrooms, £1,386 for 3 bedrooms, £2,147 for 4 bedrooms and £2,776 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £782. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,049, £2,301 for 3 bedroom and £1,352 for 4 bedroom. You should be generally be expecting around average £799 rent per month for single bedroom property, £1,050 for 2 bedroom, £1,440 for 3 bedroom, £2,094 for 4 bedroom and approximately £2,776 for a 5 bedroom property in Redhill area.

Popular Houses in Redhill

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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