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Palmerston Close is a residential street with 6 addresses.
It ranks as the 79th largest and 562nd most expensive of the 582 streets in the RH1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Palmerston Close is a residential street with 6 addresses.
It ranks as the 79th largest and 562nd most expensive of the 582 streets in the RH1 area. The dominant property type is a modern house built after 1980.
The street contains a total of 6 properties: 6 houses.
Sale prices range from £818,605 for 4 bedroom freehold houses with a garden (1,652 ft2) to £1,354,886 for 5 bedroom freehold houses with a garden (3,358 ft2) .
Monthly rental prices range from £2,793 pcm for 4 bed houses to £4,653 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 4.1%.
The average value per square foot is £474.
The last sale on Palmerston Close sold for £740,000 on 4th September 2015. Since then prices are up an average of 26.7%.
The current average value in the street is £1,078,549.
The Palmerston Close Sales Market has increased by 19.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.7% | £1,078,549 |
| May 2025 | 1.7% | £1,097,535 |
| May 2024 | -0.7% | £1,079,083 |
| May 2023 | -1.2% | £1,086,912 |
| May 2022 | 9.5% | £1,100,237 |
| May 2021 | 6.3% | £1,005,140 |
| May 2020 | 3.2% | £945,339 |
| May 2019 | -1.1% | £915,608 |
| May 2018 | -1.2% | £925,992 |
| May 2017 | 4.2% | £937,616 |
| May 2016 | 8.8% | £899,719 |
| May 2015 | 9.3% | £826,830 |
| May 2014 | 9.8% | £756,316 |
| May 2013 | 2.4% | £688,546 |
| May 2012 | 0.4% | £672,449 |
| May 2011 | 3.9% | £669,678 |
| May 2010 | 12.7% | £644,399 |
| May 2009 | -11.9% | £571,563 |
| May 2008 | 3.7% | £648,948 |
| May 2007 | 0% | £625,606 |
The current average rental value in the street is £3,687.
The Palmerston Close Rental Market has increased by 53.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.6% | £3,687pcm |
| May 2025 | 5.1% | £3,560pcm |
| May 2024 | 7% | £3,388pcm |
| May 2023 | 9.3% | £3,167pcm |
| May 2022 | 8.3% | £2,898pcm |
| May 2021 | 5% | £2,675pcm |
| May 2020 | 3.5% | £2,547pcm |
| May 2019 | 2% | £2,460pcm |
| May 2018 | 0.5% | £2,413pcm |
| May 2017 | -0.3% | £2,401pcm |
| May 2016 | 1% | £2,408pcm |
| May 2015 | 5.1% | £2,385pcm |
| May 2014 | 3.6% | £2,268pcm |
| May 2013 | 3.8% | £2,190pcm |
| May 2012 | 4.7% | £2,110pcm |
| May 2011 | 7% | £2,016pcm |
| May 2010 | 7.2% | £1,885pcm |
| May 2009 | -6% | £1,758pcm |
| May 2008 | 5% | £1,870pcm |
| May 2007 | 0% | £1,781pcm |
The last sale was on 4th September 2015 for £740,000 and since then the market in the area has increased by 26.7%. The street has had a total of 12 sales since 1995.
Palmerston Close, Redhill, RH1 has seen no sales in the last three years and no sales in the last twelve months.
Palmerston Close, Redhill, RH1 is the 79th largest and the 562nd most expensive street in the RH1 area.
There is 1 postcode on Palmerston Close, Redhill, RH1.
The closest station to Palmerston Close, Redhill, RH1 is Earlswood (Surrey) station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around Palmerston Close, Redhill, RH1, 49.6% of property is privately owned with a mortgage and 30.1% 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 Palmerston Close, Redhill, RH1, 16.1% of residents are recorded as possessing school level qualifications and 58.7% 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 Palmerston Close, Redhill, RH1, the average age was 38.9 and the most common age was 32.
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 Palmerston Close, Redhill, RH1, 0.6% 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 Palmerston Close, Redhill, RH1, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.