Average Price for property in Reed Drive, Redhill, RH1 is around £509,113 which varies based on type of property you are interested in and ranges from £800,357 for detached house to around £608,411 for semi-detached. Similarly terraced house is around £542,380 and a flat is worth £269,211. Values have been changing and have risen £3,558 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,622 in last 6 months, £41,454 in last 1 year, £73,113 in last 2 years, £87,171 in last 3 years, £80,213 in last 4 years and £82,033 in last 5 years.
Currently average asking price of a property in Reed Drive, Redhill, RH1 is around £384,303 based on approximately 6 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 Reed Drive, Redhill, RH1 is £509,113. Average asking price is £384,303 while average price paid is £281,583 which is up by £41,454 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 Reed Drive, Redhill, RH1 area. In last 1 year alone average price buyer paid is around £281,583 based on approximately 6 sales in Reed Drive, Redhill, RH1 area alone. If you compare it to last 3 years sales of 11 properties where buyers paid around £298,863. 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 £269,470 for 17 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £270,627 per sale.