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Observatory Walk

Name: Observatory Walk, Redhill, RH1
Address: Observatory Walk, Redhill, RH1, RH1

House Prices / South East, Reigate and Banstead

Last update: Sep 2024

Observatory Walk

House Prices / South East, Reigate and Banstead

Last update: Sep 2024

Street Overview

of Observatory Walk

Observatory Walk, Redhill, RH1 is a residential street which is the 463rd longest street in the RH1 area.

It contains 52 residential addresses consisting of 17 houses, 26 flats and 9 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.

1, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

2, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

3, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

4, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

5, Observatory Walk, Redhill, RH1 1HL

6, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

7, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

8, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century flat

9, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century flat

10, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

11, Observatory Walk, Redhill, RH1 1HL

12, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

13, Observatory Walk, Redhill, RH1 1HL

14, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

15, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

16, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

17, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

18, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

19, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

20, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

21, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

22, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

23, Observatory Walk, Redhill, RH1 1HL

1 bed mid-century flat

24, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

25, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

26, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

27, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

28, Observatory Walk, Redhill, RH1 1HL

29, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

30, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

31, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

32, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

33, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

34, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

35, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

36, Observatory Walk, Redhill, RH1 1HL

2 bed mid-century flat

37, Observatory Walk, Redhill, RH1 1HL

38, Observatory Walk, Redhill, RH1 1HL

39, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

40, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

41, Observatory Walk, Redhill, RH1 1HL

3 bed modern house

42, Observatory Walk, Redhill, RH1 1HL

43, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

44, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

45, Observatory Walk, Redhill, RH1 1HL

46, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

47, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

48, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

49, Observatory Walk, Redhill, RH1 1HL

50, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

51, Observatory Walk, Redhill, RH1 1HL

3 bed mid-century house

52, Observatory Walk, Redhill, RH1 1HL

3 bed house

Average property prices

in Observatory Walk, Redhill, RH1

The average house value is £213,439. Sales values have increased in the last 12 months by 1.5% and Rental values have increased by 5.3%.

Property sale values range from £146,190 for a leasehold flat, with 1 bedrooms split across 474 square feet of gross internal area and has no outside space to £323,903 for a freehold house, with 3 bedrooms split across 969 square feet of gross internal area and has a garden.

Average £/ft² for properties in Observatory Walk, Redhill, RH1 is £305/ft².

Properties achieve a rental yield of between 6% and 6.7%, and rental values range from £802 to £1,626 per month.

Sale value change

12 months

1.5%

Rental value change

12 months

5.3%

Recent sales

within Observatory Walk, Redhill, RH1

The last sale was 04 Oct 2022 for £387,000 and since then the market in the area has decreased by -4.2%. The street has had a total of 4 sales since 1995.

Observatory Walk, Redhill, RH1 has seen 3 sales in the last three years and no sales in the last twelve months.

51, Observatory Walk, Redhill, RH1 1HL

£387,000

Oct-2022

Sold

Oct-2022

47, Observatory Walk, Redhill, RH1 1HL

£250,000

Sep-2022

Sold

Sep-2022

46, Observatory Walk, Redhill, RH1 1HL

£307,000

Jul-2021

Sold

Jul-2021

46, Observatory Walk, Redhill, RH1 1HL

£250,000

Jul-2014

Sold

Jul-2014

Nearby Streets

to Observatory Walk, Redhill, RH1

Observatory Walk, Redhill, RH1 is the 463rd largest and the 21st most expensive street in the RH1 area.

53 m

Holland Close, Redhill, RH1

23 Addresses

87 m

Sincots Road, Redhill, RH1

16 Addresses

121 m

Chapel Road, Redhill, RH1

55 Addresses

128 m

Cromwell Road, Redhill, RH1

62 Addresses

134 m

Grovehill Road, Redhill, RH1

148 Addresses

135 m

St. Matthews Road, Redhill, RH1

1 Addresses

Postcodes

on Observatory Walk, Redhill, RH1

There is 1 postcode on Observatory Walk, Redhill, RH1.

House prices in RH1 1HL

52 Addresses

Property types

in Observatory Walk, Redhill, RH1

Observatory Walk, Redhill, RH1 is a residential street located in RH1 containing 17 houses, 26 flats and 9 unknown.

The most common property type on Observatory Walk, Redhill, RH1 is a mid-century flat built between 1936 and 1979.

mid-century house (15)

Unknown (9)

mid-century flat (26)

modern house (1)

house (1)

Energy Efficiency

of properties within Observatory Walk, Redhill, RH1

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

A (0)

E (0)

B (1)

F (0)

C (35)

G (0)

D (6)

No EPC (10)

Schools nearby

to Observatory Walk, Redhill, RH1

The nearest primary school to Observatory Walk, Redhill, RH1 is St Matthew's CofE Primary School which is 700 metres away and is rated Good by Ofsted.

700 m

St Matthew's CofE Primary School

Good

700 m

Hatchlands Primary

Good

900 m

Wray Common Primary School

Good

The nearest secondary school is Carrington School which is 800 metres away and is rated Good by Ofsted.

800 m

Carrington School

Good

1.3 km

St Bede's School

Outstanding

2.2 km

Reigate School

Good

Source: Ofsted (2016)

Public transport nearby

to Observatory Walk, Redhill, RH1

The closest station to Observatory Walk, Redhill, RH1 is Redhill station which is 400 metres away.

400 m

Redhill

1.2 km

Earlswood (Surrey)

2.3 km

Reigate

Risk of flooding

for Observatory Walk, Redhill, RH1

According to data from the Environment Agency, the flood risk in this area is considered to be very low.

Very low

High

Source: Environment Agency (2024)

Home ownership nearby

around Observatory Walk, Redhill, RH1

The recent census recorded whether a resident owned or rented their home.

In the area around Observatory Walk, Redhill, RH1, 51.4% of property is privately rented and 27.0% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Observatory Walk, Redhill, RH1

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Observatory Walk, Redhill, RH1, 20.9% of residents are recorded as possessing school level qualifications and 54.3% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Observatory Walk, Redhill, RH1

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Observatory Walk, Redhill, RH1, the average age was 38.6 and the most common age was 37.

This area:

South East:

England & Wales:

Age distribution

The graph below shows how this compares to South East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Observatory Walk, Redhill, RH1

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Observatory Walk, Redhill, RH1, 0.7% of property was a second home.

Comparison figures for South East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Observatory Walk, Redhill, RH1

The recent census recorded the number of cars registered in each household.

In the area around Observatory Walk, Redhill, RH1, there are an average of 0.6 cars per household.

See below for how this compares to South East and the rest of England & Wales.

Source: ONS Census (2021)

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Home ownership nearby

around Observatory Walk, Redhill, RH1

The recent census recorded whether a resident owned or rented their home.

In the area around Observatory Walk, Redhill, RH1, 51.4% of property is privately rented and 27.0% is socially rented.

The graph below shows how this compares to Greater London and the rest of England & Wales.

Source: ONS Census (2021)

Education levels in the area

around Observatory Walk, Redhill, RH1

The recent census recorded the highest level of education achieved by residents in the local area.

In the area around Observatory Walk, Redhill, RH1, 20.9% of residents are recorded as possessing school level qualifications and 54.3% as possessing degree level qualifications.

The graph below shows how this compares to Greater London and the rest of England & Wales

Source: ONS Census (2021)

Average age of residents

around Observatory Walk, Redhill, RH1

Average age

The most recent census in 2021 recorded the age of all UK residents.

In the area around Observatory Walk, Redhill, RH1, the average age was 38.6 and the most common age was 37.

This area:

South East:

England & Wales:

Age distribution

The graph below shows how this compares to South East and the rest of England & Wales

Source: ONS Census (2021)

Number of second homes

around Observatory Walk, Redhill, RH1

The recent census recorded whether a property was a primary or secondary home for the resident.

In the area around Observatory Walk, Redhill, RH1, 0.7% of property was a second home.

Comparison figures for South East and the rest of England & Wales are listed below.

Source: ONS Census (2021)

Average cars per home

around Observatory Walk, Redhill, RH1

The recent census recorded the number of cars registered in each household.

In the area around Observatory Walk, Redhill, RH1, there are an average of 0.6 cars per household.

See below for how this compares to South East and the rest of England & Wales.

Source: ONS Census (2021)