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Reed Drive is a residential street with 67 addresses.
It ranks as the 493rd largest and 394th most expensive of the 582 streets in the RH1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 67 properties: 37 houses and 30 flats.
Reed Drive is a residential street with 67 addresses.
It ranks as the 493rd largest and 394th most expensive of the 582 streets in the RH1 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 67 properties: 37 houses and 30 flats.
Sale prices range from £243,083 for 2 bedroom leasehold flats (538 ft2) to £1,489,292 for 5 bedroom freehold houses with a garden (3,692 ft2) .
Monthly rental prices range from £1,307 pcm for 2 bed flats to £5,115 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 6.5%.
The average value per square foot is £415.
The last sale on Reed Drive sold for £275,000 on 12th February 2026. Since then prices are up an average of 1.8%.
The current average value in the street is £572,594.
The Reed Drive Sales Market has increased by 15.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.1% | £572,594 |
| May 2025 | 1.5% | £579,080 |
| May 2024 | -0.3% | £570,534 |
| May 2023 | -1.1% | £572,247 |
| May 2022 | 8.2% | £578,883 |
| May 2021 | 4.9% | £535,038 |
| May 2020 | 2.8% | £509,852 |
| May 2019 | -1.2% | £495,823 |
| May 2018 | -1.8% | £502,066 |
| May 2017 | 3.4% | £511,337 |
| May 2016 | 10.8% | £494,588 |
| May 2015 | 10.5% | £446,497 |
| May 2014 | 10.4% | £404,152 |
| May 2013 | 2.7% | £366,136 |
| May 2012 | 0.6% | £356,564 |
| May 2011 | 3% | £354,411 |
| May 2010 | 10.2% | £344,176 |
| May 2009 | -13.3% | £312,393 |
| May 2008 | 3.8% | £360,396 |
| May 2007 | 0% | £347,063 |
The current average rental value in the street is £2,363.
The Reed Drive Rental Market has increased by 47.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £2,363pcm |
| May 2025 | 4.9% | £2,268pcm |
| May 2024 | 7.5% | £2,163pcm |
| May 2023 | 9.3% | £2,013pcm |
| May 2022 | 7.1% | £1,841pcm |
| May 2021 | 3.7% | £1,719pcm |
| May 2020 | 3.1% | £1,659pcm |
| May 2019 | 1.8% | £1,608pcm |
| May 2018 | -0.1% | £1,579pcm |
| May 2017 | -1.1% | £1,581pcm |
| May 2016 | 2.8% | £1,598pcm |
| May 2015 | 6.3% | £1,555pcm |
| May 2014 | 4.1% | £1,463pcm |
| May 2013 | 4.1% | £1,406pcm |
| May 2012 | 4.9% | £1,351pcm |
| May 2011 | 6% | £1,288pcm |
| May 2010 | 4.8% | £1,215pcm |
| May 2009 | -7.5% | £1,160pcm |
| May 2008 | 5.1% | £1,254pcm |
| May 2007 | 0% | £1,193pcm |
The last sale was on 12th February 2026 for £275,000 and since then the market in the area has increased by 1.8%. The street has had a total of 187 sales since 1995.
Reed Drive, Redhill, RH1 has seen 9 sales in the last three years and 2 sales in the last twelve months.
Reed Drive, Redhill, RH1 is the 493rd largest and the 394th most expensive street in the RH1 area.
There are 2 postcodes on Reed Drive, Redhill, RH1.
The closest station to Reed Drive, Redhill, RH1 is Earlswood (Surrey) station which is 600 metres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Reed Drive, 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 Reed Drive, 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 Reed Drive, 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 Reed Drive, 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 Reed Drive, 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.