Spencer Way - RH1 5LF
Key Postcode Insights
RH1 5LF is a residential postcode situated on Spencer Way, Redhill, RH1 with 38 addresses.
It ranks as the 944th largest and 524th 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 38 properties: 38 houses.
- Ave. Sale Price
- £424,656
- 10 Year change
- up 18.8%
- Ave. Rental Price
- £2,088pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £470/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
RH1 5LF is a residential postcode situated on Spencer Way, Redhill, RH1 with 38 addresses.
It ranks as the 944th largest and 524th 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 38 properties: 38 houses.
- Ave. Sale Price
- £424,656
- 10 Year change
- up 18.8%
- Ave. Rental Price
- £2,088pcm
- 10 Year change
- up 55.3%
- Ave. £ per ft²
- £470/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin RH1 5LF
- 1A Spencer Way
5 Bed Mid-century House
- 1 Spencer Way
3 Bed Mid-century House
- 3 Spencer Way
Unknown
- 5 Spencer Way
4 Bed Mid-century House
- 7 Spencer Way
Unknown
Sales Market Trends
The last sale in RH1 5LF sold for £345,000 on 19th October 2023. Since then prices are up an average of 2.6%.
The current average value in the postcode is £424,656.
The RH1 5LF Sales Market has increased by 18.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.9% | £424,656 |
| June 2025 | 1.9% | £433,002 |
| June 2024 | 0.3% | £424,855 |
| June 2023 | -1.6% | £423,739 |
| June 2022 | 9.3% | £430,570 |
| June 2021 | 6.1% | £394,110 |
| June 2020 | 3.1% | £371,289 |
| June 2019 | -0.9% | £360,131 |
| June 2018 | -1.6% | £363,473 |
| June 2017 | 3.3% | £369,245 |
| June 2016 | 11.2% | £357,573 |
| June 2015 | 9.7% | £321,690 |
| June 2014 | 11.9% | £293,232 |
| June 2013 | 3.3% | £261,989 |
| June 2012 | 1.3% | £253,628 |
| June 2011 | 2.3% | £250,447 |
| June 2010 | 11.7% | £244,705 |
| June 2009 | -12.6% | £219,096 |
| June 2008 | 1.4% | £250,780 |
| June 2007 | 0% | £247,405 |
Rental Market Trends
The current average rental value in the postcode is £2,088.
The RH1 5LF Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £2,088pcm |
| June 2025 | 5% | £1,992pcm |
| June 2024 | 7.4% | £1,898pcm |
| June 2023 | 9.6% | £1,767pcm |
| June 2022 | 8.5% | £1,612pcm |
| June 2021 | 4.8% | £1,486pcm |
| June 2020 | 3.6% | £1,419pcm |
| June 2019 | 2.2% | £1,369pcm |
| June 2018 | 0.2% | £1,339pcm |
| June 2017 | -0.6% | £1,337pcm |
| June 2016 | 3% | £1,345pcm |
| June 2015 | 5.5% | £1,305pcm |
| June 2014 | 5.2% | £1,237pcm |
| June 2013 | 4.4% | £1,176pcm |
| June 2012 | 4.8% | £1,126pcm |
| June 2011 | 5.7% | £1,075pcm |
| June 2010 | 7.5% | £1,017pcm |
| June 2009 | -8.9% | £946pcm |
| June 2008 | 4.4% | £1,039pcm |
| June 2007 | 0% | £995pcm |
Sales History
The last sale was on 19th October 2023 for £345,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 61 sales since 1995.
RH1 5LF has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2023£345,000 | 3 Bed House53, Spencer Way, Redhill, RH1 5LF53, Spencer Way, Redhill, RH1 5LF
- Sold Dec 2022£455,000 | 3 Bed House43, Spencer Way, Redhill, RH1 5LF43, Spencer Way, Redhill, RH1 5LF
- Sold Apr 2022£280,000 | 2 Bed House55, Spencer Way, Redhill, RH1 5LF55, Spencer Way, Redhill, RH1 5LF
- Sold Jan 2022£290,000 | 2 Bed House47, Spencer Way, Redhill, RH1 5LF47, Spencer Way, Redhill, RH1 5LF
- Sold Jun 2021£485,000 | 4 Bed House5, Spencer Way, Redhill, RH1 5LF5, Spencer Way, Redhill, RH1 5LF
Nearby Postcodes
RH1 5LF is the 944th largest and the 524th most expensive postcode out of the 1,110 postcodes in the RH1 area.
- RH1 5DQ, Spencer Way, Redhill, RH1RH1 5DQ31 Addresses|63 m away
- RH1 5PH, Greenwood Drive, Redhill, RH1RH1 5PH25 Addresses|70 m away
- RH1 5PJ, Greenwood Drive, Redhill, RH1RH1 5PJ26 Addresses|82 m away
- RH1 5PQ, Jordans Close, Redhill, RH1RH1 5PQ12 Addresses|96 m away
- RH1 5LR, Rathgar Close, Redhill, RH1RH1 5LR40 Addresses|119 m away
Property Types
- 4 modern houses built after 1980
- 20 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 12 other addresses of unknown type
- modern house (4)
- mid-century house (20)
- house (2)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (10)
- G (0)
- D (11)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Jun 2021£485,000 | 4 Bed House5, Spencer Way, Redhill, RH1 5LF5, Spencer Way, Redhill, RH1 5LF
- Sold Dec 2022£455,000 | 3 Bed House43, Spencer Way, Redhill, RH1 5LF43, Spencer Way, Redhill, RH1 5LF
- Sold Jul 2017£450,000 | 3 Bed House35, Spencer Way, Redhill, RH1 5LF35, Spencer Way, Redhill, RH1 5LF
Schools Nearby
- Salfords Primary School and Nursery600 m away
- Earlswood Junior School1.7 km away
- Earlswood Infant and Nursery School1.9 km away
- Reigate School2.4 km away
- Carrington School3.2 km away
- St Bede's School4.1 km away
More reading links
Public Transport Nearby
The closest station to RH1 5LF is Salfords (Surrey) station, which is 1.3 kilometres away.
- Salfords (Surrey)|1.3 km away
- Earlswood (Surrey)|1.6 km away
- Nutfield|2.5 km away
- Redhill|3.0 km away
