Wood Street - RH1 3PE
Key Postcode Insights
RH1 3PE is a residential postcode situated on Wood Street, Merstham, Redhill, RH1 with 52 addresses.
It ranks as the 1059th largest and 393rd most expensive of the 1,110 postcodes in the RH1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 52 properties: 34 houses and 18 flats.
- Ave. Sale Price
- £323,563
- 10 Year change
- up 10.9%
- Ave. Rental Price
- £1,728pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £401/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
RH1 3PE is a residential postcode situated on Wood Street, Merstham, Redhill, RH1 with 52 addresses.
It ranks as the 1059th largest and 393rd most expensive of the 1,110 postcodes in the RH1 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 52 properties: 34 houses and 18 flats.
- Ave. Sale Price
- £323,563
- 10 Year change
- up 10.9%
- Ave. Rental Price
- £1,728pcm
- 10 Year change
- up 45.4%
- Ave. £ per ft²
- £401/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin RH1 3PE
- 1 Wood Street
House
- 3 Wood Street
3 Bed Mid-century House
- 5 Wood Street
2 Bed Mid-century House
- 7 Wood Street
3 Bed Early-century House
- 9 Wood Street
4 Bed Mid-century House
Sales Market Trends
The last sale in RH1 3PE sold for £425,000 on 19th October 2023. Since then prices are up an average of 1.0%.
The current average value in the postcode is £323,563.
The RH1 3PE Sales Market has increased by 10.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2% | £323,563 |
| June 2025 | 0.9% | £330,063 |
| June 2024 | 0.8% | £327,022 |
| June 2023 | -1.9% | £324,371 |
| June 2022 | 7.8% | £330,710 |
| June 2021 | 4.3% | £306,853 |
| June 2020 | 2.2% | £294,204 |
| June 2019 | -1.4% | £287,894 |
| June 2018 | -1.7% | £291,916 |
| June 2017 | 1.8% | £296,964 |
| June 2016 | 13.4% | £291,832 |
| June 2015 | 10.6% | £257,380 |
| June 2014 | 12.9% | £232,636 |
| June 2013 | 3% | £206,131 |
| June 2012 | 1.6% | £200,108 |
| June 2011 | 0.7% | £196,909 |
| June 2010 | 8% | £195,587 |
| June 2009 | -14% | £181,099 |
| June 2008 | 2.2% | £210,554 |
| June 2007 | 0% | £206,092 |
Rental Market Trends
The current average rental value in the postcode is £1,728.
The RH1 3PE Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,728pcm |
| June 2025 | 4.5% | £1,648pcm |
| June 2024 | 7.9% | £1,577pcm |
| June 2023 | 9.3% | £1,462pcm |
| June 2022 | 6.6% | £1,338pcm |
| June 2021 | 3.4% | £1,255pcm |
| June 2020 | 3.2% | £1,213pcm |
| June 2019 | 1.2% | £1,175pcm |
| June 2018 | -0.3% | £1,162pcm |
| June 2017 | -1.9% | £1,165pcm |
| June 2016 | 5.1% | £1,188pcm |
| June 2015 | 6.2% | £1,130pcm |
| June 2014 | 5.4% | £1,063pcm |
| June 2013 | 4.4% | £1,009pcm |
| June 2012 | 4.6% | £966pcm |
| June 2011 | 3.8% | £924pcm |
| June 2010 | 4.2% | £890pcm |
| June 2009 | -9.7% | £853pcm |
| June 2008 | 5.1% | £945pcm |
| June 2007 | 0% | £899pcm |
Sales History
The last sale was on 19th October 2023 for £425,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 33 sales since 1995.
RH1 3PE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2023£425,000 | 3 Bed House37, Wood Street, Redhill, RH1 3PE37, Wood Street, Redhill, RH1 3PE
- Sold Aug 2023£215,000 | 2 Bed Flat65, Wood Street, Redhill, RH1 3PE65, Wood Street, Redhill, RH1 3PE
- Sold Apr 2022£475,000 | 4 Bed House9, Wood Street, Redhill, RH1 3PE9, Wood Street, Redhill, RH1 3PE
- Sold Mar 2022£212,000 | 2 Bed Flat61, Wood Street, Redhill, RH1 3PE61, Wood Street, Redhill, RH1 3PE
- Sold May 2019£440,000 | 4 Bed House21, Wood Street, Redhill, RH1 3PE21, Wood Street, Redhill, RH1 3PE
Nearby Postcodes
RH1 3PE is the 1059th largest and the 393rd most expensive postcode out of the 1,110 postcodes in the RH1 area.
- RH1 3PF, Wood Street, Merstham, Redhill, RH1RH1 3PF36 Addresses|90 m away
- RH1 3PQ, Purbeck Close, Merstham, Redhill, RH1RH1 3PQ20 Addresses|92 m away
- RH1 3FR, Fieldoaks Way, Merstham, Redhill, RH1RH1 3FR11 Addresses|128 m away
- RH1 3PG, Purbeck Close, Merstham, Redhill, RH1RH1 3PG9 Addresses|145 m away
- RH1 3NE, Malmstone Avenue, Merstham, Redhill, RH1RH1 3NE26 Addresses|148 m away
Property Types
- 1 period house built between 1800 and 1911
- 22 mid-century houses built between 1936 and 1979
- 18 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 4 early-century houses built between 1912 and 1935
- 6 other addresses of unknown type
- period house (1)
- mid-century house (22)
- mid-century flat (18)
- house (1)
- early-century house (4)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 45 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (30)
- G (0)
- D (14)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2015£485,000 | 4 Bed House31, Wood Street, Redhill, RH1 3PE31, Wood Street, Redhill, RH1 3PE
- Sold Apr 2022£475,000 | 4 Bed House9, Wood Street, Redhill, RH1 3PE9, Wood Street, Redhill, RH1 3PE
- Sold May 2019£440,000 | 4 Bed House21, Wood Street, Redhill, RH1 3PE21, Wood Street, Redhill, RH1 3PE
Schools Nearby
- Merstham Primary School400 m away
- Furzefield Primary Academy600 m away
- Lime Tree Primary School and Nursery1.0 km away
- Merstham Park School600 m away
- St Bede's School2.4 km away
- Carrington School2.4 km away
More reading links
Public Transport Nearby
The closest station to RH1 3PE is Merstham station, which is 300 metres away.
- Merstham|300 m away
- Redhill|2.8 km away
- Nutfield|4.0 km away
- Earlswood (Surrey)|4.2 km away