Observatory Walk - RH1 1HL
Key Street Insights
Observatory Walk is a residential street with 52 addresses.
It ranks as the 450th largest and 15th most expensive of the 582 streets in the RH1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 52 properties: 17 houses, 27 flats and 8 other properties.
- Ave. Sale Price
- £266,514
- 10 Year change
- up 3.7%
- Ave. Rental Price
- £1,465pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Street Insights
Observatory Walk is a residential street with 52 addresses.
It ranks as the 450th largest and 15th most expensive of the 582 streets in the RH1 area. The most common property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 52 properties: 17 houses, 27 flats and 8 other properties.
- Ave. Sale Price
- £266,514
- 10 Year change
- up 3.7%
- Ave. Rental Price
- £1,465pcm
- 10 Year change
- up 38.0%
- Ave. £ per ft²
- £304/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties on Observatory Walk, Redhill, RH1
- 1 Observatory Walk
3 Bed Mid-century House
- 2 Observatory Walk
3 Bed Mid-century House
- 3 Observatory Walk
3 Bed Mid-century House
- 4 Observatory Walk
3 Bed Mid-century House
- 5 Observatory Walk
House
Sales Market Trends
The last sale on Observatory Walk sold for £415,000 on 11th September 2025. Since then prices are up an average of 0.3%.
The current average value in the street is £266,514.
The Observatory Walk Sales Market has increased by 3.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £266,514 |
| June 2025 | 0.2% | £272,012 |
| June 2024 | 1.4% | £271,542 |
| June 2023 | -3% | £267,898 |
| June 2022 | 6.4% | £276,195 |
| June 2021 | 2.6% | £259,520 |
| June 2020 | 2% | £252,886 |
| June 2019 | -1.6% | £247,901 |
| June 2018 | -2.6% | £251,882 |
| June 2017 | 0.7% | £258,588 |
| June 2016 | 14% | £256,896 |
| June 2015 | 10.7% | £225,401 |
| June 2014 | 12.6% | £203,647 |
| June 2013 | 2.8% | £180,910 |
| June 2012 | 0.7% | £175,951 |
| June 2011 | 0.2% | £174,746 |
| June 2010 | 6.4% | £174,379 |
| June 2009 | -13.7% | £163,898 |
| June 2008 | 1.7% | £189,926 |
| June 2007 | 0% | £186,803 |
Rental Market Trends
The current average rental value in the street is £1,465.
The Observatory Walk Rental Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,465pcm |
| June 2025 | 3.6% | £1,396pcm |
| June 2024 | 9.1% | £1,347pcm |
| June 2023 | 8.6% | £1,234pcm |
| June 2022 | 5.2% | £1,137pcm |
| June 2021 | 1.1% | £1,081pcm |
| June 2020 | 3.1% | £1,069pcm |
| June 2019 | 1.3% | £1,037pcm |
| June 2018 | -0.6% | £1,023pcm |
| June 2017 | -3% | £1,030pcm |
| June 2016 | 5.6% | £1,062pcm |
| June 2015 | 5.8% | £1,005pcm |
| June 2014 | 4.6% | £950pcm |
| June 2013 | 3.8% | £908pcm |
| June 2012 | 4.4% | £874pcm |
| June 2011 | 4% | £837pcm |
| June 2010 | 2.3% | £805pcm |
| June 2009 | -9.4% | £787pcm |
| June 2008 | 4.7% | £869pcm |
| June 2007 | 0% | £831pcm |
Sales History
The last recorded sale was on 11th September 2025 for £415,000 and since then the market in the area has increased by 0.3%.
Observatory Walk, Redhill, RH1 has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Sep 2025£415,000 | 3 Bed House46, Observatory Walk, Redhill, RH1 1HL46, Observatory Walk, Redhill, RH1 1HL
- Sold Mar 2025£385,000 | 3 Bed House6, Observatory Walk, Redhill, RH1 1HL6, Observatory Walk, Redhill, RH1 1HL
- Sold Feb 2025£385,000 | 3 Bed House2, Observatory Walk, Redhill, RH1 1HL2, Observatory Walk, Redhill, RH1 1HL
Top 3 Most Expensive Sales
- Sold Sep 2025£415,000 | 3 Bed House46, Observatory Walk, Redhill, RH1 1HL46, Observatory Walk, Redhill, RH1 1HL
- Sold Oct 2022£387,000 | 3 Bed House51, Observatory Walk, Redhill, RH1 1HL51, Observatory Walk, Redhill, RH1 1HL
- Sold Feb 2025£385,000 | 3 Bed House2, Observatory Walk, Redhill, RH1 1HL2, Observatory Walk, Redhill, RH1 1HL
Nearby Streets
Observatory Walk, Redhill, RH1 is the 450th largest and the 15th most expensive street in the RH1 area.
- Holland Close, Redhill, RH123 Addresses|58 m away
- Sincots Road, Redhill, RH116 Addresses|89 m away
- Chapel Road, Redhill, RH156 Addresses|119 m away
- Grovehill Road, Redhill, RH1147 Addresses|123 m away
- Cromwell Road, Redhill, RH162 Addresses|131 m away
- St. Matthews Road, Redhill, RH11 Address|140 m away
Property Types
- 1 modern house built after 1980
- 15 mid-century houses built between 1936 and 1979
- 27 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 8 other addresses of unknown type
- modern house (1)
- mid-century house (15)
- mid-century flat (27)
- house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 43 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (38)
- G (0)
- D (4)
- No EPC (9)
Schools Nearby
- St Joseph's Catholic Primary School500 m away
- St Matthew's CofE Primary School700 m away
- Hatchlands Primary700 m away
- Carrington School800 m away
- St Bede's School1.3 km away
- Reigate School2.2 km away
More reading links
Public Transport Nearby
The closest station to Observatory Walk, Redhill, RH1 - RH1 1HL is Redhill station, which is 400 metres away.
- Redhill|400 m away
- Earlswood (Surrey)|1.2 km away
- Reigate|2.3 km away
