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Postcode Overview

of RH1 5LZ

RH1 5LZ is a residential postcode located on Spencer Way, Redhill, RH1. It is the 648th largest postcode in the RH1 area.

It contains 10 houses and 6 unknown and the most common type of property is a mid-century house built between 1936 and 1979.

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Average property prices

in RH1 5LZ

The average house value is £307,869. 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 £192,808 for a leasehold flat, with 2 bedrooms split across 678 square feet of gross internal area and has no outside space to £341,924 for a freehold house, with 3 bedrooms split across 1,001 square feet of gross internal area and has a garden.

Average £/ft2 for properties in RH1 5LZ is £373/ft2.

Properties achieve a rental yield of between 6% and 6.5%, and rental values range from £1,038 to £1,707 per month.

Sale value change
12 months
2.5%
Rental value change
12 months
6.6%
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Recent sales

within RH1 5LZ

The last sale was 26 Jul 2022 for £260,000 and since then the market in the area has decreased by -4.1%. The postcode has had a total of 4 sales since 1995.

RH1 5LZ has seen 2 sales in the last three years and no sales in the last twelve months.

£260,000
Jul-2022
Sold
£330,000
Jul-2022
Sold
£305,000
Aug-2019
Sold
£285,000
Jun-2019
Sold
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Nearby postcodes

to RH1 5LZ

RH1 5LZ is the 648th largest and the 373rd most expensive postcode out of the 1,190 postcodes in the RH1 area.

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Nearby postcodes

to RH1 5LZ

RH1 5LZ is the 648th largest and the 373rd most expensive postcode out of the 1,190 postcodes in the RH1 area.

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Property types

in RH1 5LZ

RH1 5LZ is a residential postcode located on Spencer Way, Redhill, RH1 with 10 houses and 6 unknown within its bounds.

The most common property type in RH1 5LZ is a mid-century house built between 1936 and 1979.

modern house (2)
mid-century house (8)
Unknown (6)
Energy Efficiency

Energy Efficiency

of properties within RH1 5LZ

The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.

A (0)
E (1)
B (0)
F (0)
C (6)
G (0)
D (3)
No EPC (6)
Schools nearby

Schools nearby

to RH1 5LZ

The nearest primary school to RH1 5LZ is Salfords Primary School which is 800 metres away and is rated Good by Ofsted.
800 m
Salfords Primary School
Good
1.6 km
Earlswood Junior School
Good
1.8 km
Earlswood Infant and Nursery School
Good
The nearest secondary school is Reigate School which is 2.5 kilometres away and is rated Good by Ofsted.
2.5 km
Reigate School
Good
3.1 km
Carrington School
Good
4.1 km
St Bede's School
Outstanding
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to RH1 5LZ

The closest station to RH1 5LZ is Salfords (Surrey) station which is 1.4 kilometres away.

1.4 km
Salfords (Surrey)
1.6 km
Earlswood (Surrey)
2.4 km
Nutfield
2.9 km
Redhill
Source: National Rail
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