RH1 1RP is a residential postcode situated on Marketfield Road, Redhill, RH1 with 10 addresses.
It ranks as the 344th largest and 72nd most expensive of the 1,110 postcodes in the RH1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
RH1 1RP is a residential postcode situated on Marketfield Road, Redhill, RH1 with 10 addresses.
It ranks as the 344th largest and 72nd most expensive of the 1,110 postcodes in the RH1 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 10 properties: 10 flats.
Sale prices range from £173,648 for 1 bedroom leasehold flats (387 ft2) to £244,673 for 2 bedroom leasehold flats (721 ft2) .
Monthly rental prices range from £1,055 pcm for 1 bed flats to £1,450 pcm for 2 bed flats.
The gross rental yield is between 7.1% and 7.4%.
The average value per square foot is £393.
The last sale in RH1 1RP sold for £164,000 on 3rd July 2024. Since then prices are down an average of 1.4%.
The current average value in the postcode is £208,403.
The RH1 1RP Sales Market has increased by 2.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.1% | £208,403 |
| April 2025 | 0.2% | £208,634 |
| April 2024 | 0.2% | £208,128 |
| April 2023 | -1.6% | £207,622 |
| April 2022 | 4.1% | £210,990 |
| April 2021 | 1.3% | £202,655 |
| April 2020 | 2.2% | £199,980 |
| April 2019 | -2.6% | £195,639 |
| April 2018 | -2.7% | £200,868 |
| April 2017 | 1.8% | £206,519 |
| April 2016 | 14% | £202,954 |
| April 2015 | 12.2% | £177,972 |
| April 2014 | 9.4% | £158,690 |
| April 2013 | 2.9% | £145,046 |
| April 2012 | -1.1% | £141,025 |
| April 2011 | 0.7% | £142,647 |
| April 2010 | 4.3% | £141,724 |
| April 2009 | -14.6% | £135,941 |
| April 2008 | 5.4% | £159,120 |
| April 2007 | 0% | £150,986 |
The current average rental value in the postcode is £1,256.
The RH1 1RP Rental Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £1,256pcm |
| April 2025 | 4.1% | £1,200pcm |
| April 2024 | 9.6% | £1,153pcm |
| April 2023 | 7.9% | £1,052pcm |
| April 2022 | 2.8% | £975pcm |
| April 2021 | -0.1% | £949pcm |
| April 2020 | 3% | £950pcm |
| April 2019 | 0.2% | £922pcm |
| April 2018 | -1.2% | £920pcm |
| April 2017 | -3.3% | £931pcm |
| April 2016 | 6.3% | £962pcm |
| April 2015 | 7% | £905pcm |
| April 2014 | 2.3% | £845pcm |
| April 2013 | 4.4% | £826pcm |
| April 2012 | 4% | £791pcm |
| April 2011 | 4.2% | £761pcm |
| April 2010 | -2.6% | £731pcm |
| April 2009 | -5.9% | £750pcm |
| April 2008 | 5.1% | £797pcm |
| April 2007 | 0% | £758pcm |
The last sale was on 3rd July 2024 for £164,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 24 sales since 1995.
RH1 1RP has seen 1 sale in the last three years and no sales in the last twelve months.
RH1 1RP is the 344th largest and the 72nd most expensive postcode out of the 1,110 postcodes in the RH1 area.
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