RH1 5LY is a residential postcode located on Spencer Way, Redhill, RH1. It is the 373rd largest postcode in the RH1 area.
It contains 6 houses and 2 unknown and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £344,006. Sales values have increased in the last 12 months by 2.5% and Rental values have increased by 6.6%.
Property sale values range from £322,663 for a freehold house, with 3 bedrooms split across 850 square feet of gross internal area and has a garden to £817,243 for a freehold house, with 5 bedrooms split across 2,583 square feet of gross internal area and has a garden.
Average £/ft2 for properties in RH1 5LY is £359/ft2.
Properties achieve a rental yield of between 3.8% and 6.2%, and rental values range from £1,655 to £2,614 per month.
The last sale was 17 Feb 2022 for £340,000 and since then the market in the area has decreased by -2.8%. The postcode has had a total of 4 sales since 1995.
RH1 5LY has seen 2 sales in the last three years and no sales in the last twelve months.
RH1 5LY is the 373rd largest and the 407th most expensive postcode out of the 1,190 postcodes in the RH1 area.
RH1 5LY is the 373rd largest and the 407th most expensive postcode out of the 1,190 postcodes in the RH1 area.
RH1 5LY is a residential postcode located on Spencer Way, Redhill, RH1 with 6 houses and 2 unknown within its bounds.
The most common property type in RH1 5LY is a mid-century house built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to RH1 5LY is Salfords (Surrey) station which is 1.4 kilometres away.
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 RH1 5LY, 41.7% of property is socially rented and 23.5% is privately owned outright.
The graph below shows how this compares to Greater London 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 RH1 5LY, 12.4% of residents are recorded as possessing school level qualifications and 27.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around RH1 5LY, 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 RH1 5LY, 0.0% 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 RH1 5LY, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.