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Laurel Acre Picketts Lane is a residential building situated on Picketts Lane, Redhill, RH1 with 6 addresses.
It ranks as the 482nd largest and 488th most expensive of the 770 buildings in the RH1 area.
The building contains a total of 6 properties: 6 flats.
Laurel Acre Picketts Lane is a residential building situated on Picketts Lane, Redhill, RH1 with 6 addresses.
It ranks as the 482nd largest and 488th most expensive of the 770 buildings in the RH1 area.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £192,155 for 1 bedroom leasehold flats (439 ft2) to £267,678 for 1 bedroom leasehold flats (439 ft2) .
Monthly rental prices range from £1,084 pcm for 1 bed flats to £1,160 pcm for 1 bed flats.
The gross rental yield is between 5.2% and 6.8%.
The average value per square foot is £610.
The last sale in Laurel Acre Picketts Lane sold for £35,000 on 6th July 2022. Since then prices are down an average of 0.0%.
The current average value in the building is £255,091.
The Laurel Acre Picketts Lane Sales Market has increased by 3.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.3% | £255,091 |
| May 2025 | 0.8% | £255,829 |
| May 2024 | -0.1% | £253,725 |
| May 2023 | -1.1% | £254,067 |
| May 2022 | 3% | £256,886 |
| May 2021 | 2.3% | £249,364 |
| May 2020 | 3.5% | £243,788 |
| May 2019 | -3.5% | £235,594 |
| May 2018 | -2.4% | £244,232 |
| May 2017 | 1.8% | £250,326 |
| May 2016 | 11.6% | £245,917 |
| May 2015 | 11.3% | £220,431 |
| May 2014 | 9.8% | £198,029 |
| May 2013 | 3.6% | £180,431 |
| May 2012 | -1.2% | £174,203 |
| May 2011 | -0.7% | £176,373 |
| May 2010 | 5.3% | £177,599 |
| May 2009 | -10.7% | £168,628 |
| May 2008 | 1.3% | £188,884 |
| May 2007 | 0% | £186,466 |
The current average rental value in the building is £1,147.
The Laurel Acre Picketts Lane Rental Market has increased by 31.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5.8% | £1,147pcm |
| May 2025 | 3.5% | £1,085pcm |
| May 2024 | 9% | £1,047pcm |
| May 2023 | 8.2% | £961pcm |
| May 2022 | 3.2% | £888pcm |
| May 2021 | 0% | £861pcm |
| May 2020 | 2.8% | £861pcm |
| May 2019 | 0.8% | £837pcm |
| May 2018 | -1.1% | £830pcm |
| May 2017 | -3.5% | £840pcm |
| May 2016 | 5.6% | £870pcm |
| May 2015 | 6.8% | £824pcm |
| May 2014 | 3.3% | £771pcm |
| May 2013 | 3.7% | £747pcm |
| May 2012 | 4.4% | £720pcm |
| May 2011 | 4.1% | £690pcm |
| May 2010 | -0.3% | £662pcm |
| May 2009 | -7.9% | £664pcm |
| May 2008 | 5.3% | £721pcm |
| May 2007 | 0% | £685pcm |
The last sale was on 6th July 2022 for £35,000 and since then the market in the area has remained stable. The building has had a total of 6 sales since 1995.
Laurel Acre, Picketts Lane, Redhill, RH1 5RG has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Laurel Acre, Picketts Lane, Redhill, RH1 5RG is Salfords (Surrey) station which is 900 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Laurel Acre, Picketts Lane, Redhill, RH1 5RG, 50.4% of property is privately owned outright and 36.4% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Laurel Acre, Picketts Lane, Redhill, RH1 5RG, 17.4% of residents are recorded as possessing school level qualifications and 29.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Laurel Acre, Picketts Lane, Redhill, RH1 5RG, the average age was 40.8 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Laurel Acre, Picketts Lane, Redhill, RH1 5RG, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Laurel Acre, Picketts Lane, Redhill, RH1 5RG, there are an average of 2.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.