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Mead Close is a residential street with 10 addresses.
It ranks as the 138th largest and 60th most expensive of the 591 streets in the RH1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 10 properties: 4 houses and 6 flats.
Mead Close is a residential street with 10 addresses.
It ranks as the 138th largest and 60th most expensive of the 591 streets in the RH1 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The street contains a total of 10 properties: 4 houses and 6 flats.
Sale prices range from £234,956 for 2 bedroom leasehold flats with a balcony (613 ft2) to £434,090 for 3 bedroom freehold houses with a garden (882 ft2) .
Monthly rental prices range from £1,364 pcm for 2 bed flats to £2,058 pcm for 3 bed houses.
The gross rental yield is between 5.7% and 7.0%.
The average value per square foot is £375.
The last sale on Mead Close sold for £435,000 on 17th November 2023. Since then prices are up an average of 2.1%.
The current average value in the street is £316,957.
The Mead Close Sales Market has increased by 12.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.3% | £316,957 |
| April 2025 | 1.2% | £317,873 |
| April 2024 | -1% | £314,032 |
| April 2023 | -0.1% | £317,067 |
| April 2022 | 6.4% | £317,307 |
| April 2021 | 3.4% | £298,167 |
| April 2020 | 2% | £288,477 |
| April 2019 | -1.3% | £282,758 |
| April 2018 | -2.1% | £286,419 |
| April 2017 | 3.4% | £292,608 |
| April 2016 | 12.8% | £283,060 |
| April 2015 | 12.3% | £250,971 |
| April 2014 | 10.2% | £223,405 |
| April 2013 | 4.1% | £202,668 |
| April 2012 | 0.2% | £194,689 |
| April 2011 | 2.1% | £194,359 |
| April 2010 | 6.7% | £190,428 |
| April 2009 | -15.8% | £178,389 |
| April 2008 | 5.2% | £211,753 |
| April 2007 | 0% | £201,372 |
The current average rental value in the street is £1,655.
The Mead Close Rental Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £1,655pcm |
| April 2025 | 5% | £1,584pcm |
| April 2024 | 8.1% | £1,508pcm |
| April 2023 | 9.5% | £1,395pcm |
| April 2022 | 5.1% | £1,273pcm |
| April 2021 | 2% | £1,211pcm |
| April 2020 | 2.7% | £1,188pcm |
| April 2019 | 1.5% | £1,156pcm |
| April 2018 | -0.5% | £1,139pcm |
| April 2017 | -1.6% | £1,145pcm |
| April 2016 | 5% | £1,164pcm |
| April 2015 | 7.3% | £1,108pcm |
| April 2014 | 3.4% | £1,033pcm |
| April 2013 | 5.7% | £999pcm |
| April 2012 | 5.1% | £945pcm |
| April 2011 | 5.5% | £899pcm |
| April 2010 | -0.1% | £852pcm |
| April 2009 | -7.2% | £854pcm |
| April 2008 | 4.8% | £920pcm |
| April 2007 | 0% | £878pcm |
The last sale was on 17th November 2023 for £435,000 and since then the market in the area has increased by 2.1%. The street has had a total of 9 sales since 1995.
Mead Close, Redhill, RH1 has seen 1 sale in the last three years and no sales in the last twelve months.
Mead Close, Redhill, RH1 is the 138th largest and the 60th most expensive street in the RH1 area.
There is 1 postcode on Mead Close, Redhill, RH1.
The closest station to Mead Close, Redhill, RH1 is Redhill station which is 1.0 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Mead Close, Redhill, RH1, 28.5% of property is privately owned outright and 28.5% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Mead Close, Redhill, RH1, 21.6% of residents are recorded as possessing school level qualifications and 36.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Mead Close, Redhill, RH1, the average age was 38.6 and the most common age was 37.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Mead Close, Redhill, RH1, 0.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Mead Close, Redhill, RH1, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.