RH1 4LY is a residential postcode situated on Rabies Heath Road, Bletchingley, Redhill, RH1 with 26 addresses.
It ranks as the 562nd largest and 430th most expensive of the 1,110 postcodes in the RH1 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 14 houses, 2 flats and 10 other properties.
RH1 4LY is a residential postcode situated on Rabies Heath Road, Bletchingley, Redhill, RH1 with 26 addresses.
It ranks as the 562nd largest and 430th most expensive of the 1,110 postcodes in the RH1 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 26 properties: 14 houses, 2 flats and 10 other properties.
Sale prices range from £250,308 for 2 bedroom Leasehold flats (796 ft2) to £588,562 for 4 bedroom freehold houses with a garden (1,736 ft2) .
Monthly rental prices range from £1,332 pcm for 2 bed flats to £2,658 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.4%.
The average value per square foot is £472.
The last sale in RH1 4LY sold for £487,500 on 17th September 2024. Since then prices are down an average of 0.3%.
The current average value in the postcode is £386,290.
The RH1 4LY Sales Market has increased by 13.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £386,290 |
| April 2025 | 1.1% | £391,379 |
| April 2024 | -1.5% | £386,943 |
| April 2023 | 0.6% | £392,723 |
| April 2022 | 7% | £390,254 |
| April 2021 | 4% | £364,711 |
| April 2020 | 1.3% | £350,521 |
| April 2019 | -0.5% | £346,182 |
| April 2018 | -0.7% | £348,027 |
| April 2017 | 3.2% | £350,446 |
| April 2016 | 11.2% | £339,450 |
| April 2015 | 11.7% | £305,325 |
| April 2014 | 10.6% | £273,270 |
| April 2013 | 4.6% | £247,149 |
| April 2012 | 0.7% | £236,194 |
| April 2011 | 2.9% | £234,461 |
| April 2010 | 5.7% | £227,782 |
| April 2009 | -13.6% | £215,486 |
| April 2008 | 5.8% | £249,493 |
| April 2007 | 0% | £235,771 |
The current average rental value in the postcode is £1,920.
The RH1 4LY Rental Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,920pcm |
| April 2025 | 4.7% | £1,848pcm |
| April 2024 | 7.1% | £1,765pcm |
| April 2023 | 9% | £1,648pcm |
| April 2022 | 6.1% | £1,511pcm |
| April 2021 | 3.9% | £1,424pcm |
| April 2020 | 2.9% | £1,371pcm |
| April 2019 | 1.3% | £1,333pcm |
| April 2018 | -0.2% | £1,315pcm |
| April 2017 | -1.2% | £1,318pcm |
| April 2016 | 3.9% | £1,334pcm |
| April 2015 | 6.5% | £1,285pcm |
| April 2014 | 4.6% | £1,206pcm |
| April 2013 | 6.7% | £1,153pcm |
| April 2012 | 4.6% | £1,081pcm |
| April 2011 | 5.4% | £1,033pcm |
| April 2010 | 1.7% | £980pcm |
| April 2009 | -6.9% | £964pcm |
| April 2008 | 6% | £1,035pcm |
| April 2007 | 0% | £977pcm |
The last sale was on 17th September 2024 for £487,500 and since then the market in the area has decreased by 0.3%. The postcode has had a total of 16 sales since 1995.
RH1 4LY has seen 2 sales in the last three years and no sales in the last twelve months.
RH1 4LY is the 562nd largest and the 430th most expensive postcode out of the 1,110 postcodes in the RH1 area.
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The closest station to RH1 4LY is Nutfield station which is 3.3 kilometres away.
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