Average Price for property in School Hill, Merstham, Redhill, RH1 is around £388,152 which varies based on type of property you are interested in and ranges from £691,469 for detached house to around £479,607 for semi-detached. Similarly terraced house is around £315,943. Values have been changing and have risen £2,686 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,017 in last 6 months, £31,284 in last 1 year, £55,175 in last 2 years, £65,785 in last 3 years, £60,535 in last 4 years and £61,911 in last 5 years.
Currently average asking price of a property in School Hill, Merstham, 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 School Hill, Merstham, Redhill, RH1 is £388,152. Average asking price is £384,303 while average price paid is £310,000 which is up by £31,284 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 School Hill, Merstham, Redhill, RH1 area. In last 1 year alone average price buyer paid is around £310,000 based on approximately 1 sales in School Hill, Merstham, Redhill, RH1 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £242,375. 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 £269,687 for 8 and average amount paid for purchase of approx. 8 properties sold in last 7 years comes to about £269,687 per sale.