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Merstham market report RH1 1, Redhill
The RH1 1 (Merstham) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 4,382 sales recorded by HM Land Registry in RH1 1 (Redhill) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the typical home in RH1 1 (Redhill) sold for £265,000 in 2026, the median of 23 registered sales, down 3% on five years earlier. The mean was £314,800, and by floor area homes here have averaged about £4,530 per square metre over the last five years. The figures cover 4,382 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
RH1 1 is one sector of RH1 (Redhill): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where RH1 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What buyers actually paid in RH1 1
Across 23 registered 2026 sales, the typical (median) RH1 1 home went for £265,000. The mean is £314,800, well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.
What a square metre costs in RH1 1
A square metre of RH1 1 home has cost about £4,530 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts RH1 1 7% below the country at large.
RH1 1's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £265,000 | £265,000 | 23 |
| 2025 | £272,500 | £279,016 | 93 |
| 2024 | £300,000 | £318,962 | 79 |
| 2023 | £290,000 | £318,639 | 88 |
| 2022 | £270,000 | £316,606 | 145 |
| 2021 | £273,600 | £346,413 | 169 |
| 2020 | £275,000 | £356,818 | 93 |
| 2019 | £250,000 | £327,690 | 85 |
| 2018 | £250,000 | £333,255 | 89 |
| 2017 | £261,000 | £355,978 | 122 |
| 2016 | £260,000 | £363,743 | 125 |
| 2015 | £225,000 | £317,925 | 168 |
| 2014 | £211,000 | £299,340 | 147 |
| 2013 | £188,200 | £270,801 | 178 |
| 2012 | £190,000 | £279,656 | 96 |
| 2011 | £189,000 | £285,317 | 98 |
| 2010 | £194,200 | £304,556 | 118 |
| 2009 | £193,000 | £310,249 | 196 |
| 2008 | £235,000 | £385,215 | 216 |
| 2007 | £235,000 | £398,625 | 251 |
| 2006 | £181,500 | £315,061 | 126 |
| 2005 | £179,000 | £318,548 | 118 |
| 2004 | £170,000 | £308,753 | 143 |
| 2003 | £160,000 | £294,759 | 149 |
| 2002 | £130,000 | £244,594 | 147 |
| 2001 | £116,200 | £223,389 | 174 |
| 2000 | £93,000 | £182,513 | 137 |
| 1999 | £79,000 | £157,443 | 169 |
| 1998 | £74,000 | £149,374 | 187 |
| 1997 | £60,000 | £123,048 | 186 |
| 1996 | £55,000 | £115,993 | 111 |
| 1995 | £56,600 | £123,040 | 156 |
In cash terms the typical RH1 1 home went from £56,600 in 1995 to £265,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 115%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2007. The market now sits about 34% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the RH1 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2007 (+29.5% on the year before); the weakest, 2009 (−17.9%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.8% | −5.0% |
| 5 years (since 2021) | −0.6% | −5.2% |
| 10 years (since 2016) | +0.2% | −3.1% |
| 20 years (since 2006) | +1.9% | −0.9% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in RH1 1
The year-by-year sales count
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The register shows 23 RH1 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 156 sales a year before the financial crisis and 86 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
Reading the RH1 1 market
This is a thin market: 23 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. Against the RH1 district median, RH1 1 sits 40% lower, marking it as a cheaper pocket of the district.
The rental side of RH1 1
The local authority for RH1 1 is Reigate and Banstead, and its ONS average private rent currently stands at £1,636 a month (May 2026 figures). Size sets most of the rent: one-beds average £1,138 a month here against £2,556 for four or more bedrooms.
Average monthly rent by size, Reigate and Banstead
ONS Price Index of Private Rents, May 2026.
£1,636 a month is £19,632 a year, which against the £265,000 median sold price makes a gross yield of 7.4%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
RH1 1 (Merstham): the questions that come up
Are property prices falling in RH1 1 (Merstham)?
Is RH1 1 (Merstham) a good place to buy a house?
How much did a house sell for in RH1 1 (Merstham)?
Will RH1 1 prices rise from here?
The record answers a different question than "what happens next": the median is down 3% over five years in cash but down 24% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
RH1's current homes for sale
The live side of the market holds 190 homes at the moment, listed by 9 agents publishing to HomesIndex.
These cover the whole RH1 district, not just RH1 1: live asking prices are collected per district.
Of everything listed here, 17% asks less than the sold record of comparable homes. The comparison behind each listing uses recent recorded sales of similar homes close by.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every RH1 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Bedroom by bedroom: RH prices by size
What homes of each size actually sold for across the RH area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £450,000 | £610,000 (+36%) | £870,000 (+43%) | £1,237,500 (+42%) |
| Semi-detached | £325,000 | £405,000 (+25%) | £475,000 (+17%) | £606,500 (+28%) | £882,500 (+46%) |
| Terraced | £315,000 | £365,000 (+16%) | £410,000 (+12%) | £530,000 (+29%) | £720,000 (+36%) |
| Flat | £206,436 | £270,000 (+31%) | £395,000 (+46%) | £545,000 (+38%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the RH area is the point: the same five years treated these districts very differently.
RH area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in RH1
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of RH1, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| RH1 2 | £440,000 | 43 |
| RH1 3 | £422,500 | 45 |
| RH1 4 | £502,500 | 38 |
| RH1 5 | £480,000 | 37 |
| RH1 6 | £420,000 | 87 |
Zoom out to the full RH1 district report for the type split, monthly volumes and how RH1 compares with its neighbours.
Selling a home in RH1 1? Price it on the evidence
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in RH1 1, use the average prices map for a rough value: zoom from RH1 1's shading down to the sold homes on your own street. The figures above are every recorded RH1 1 sale; agents price with this same Land Registry record, and now you have it too.
Estate agents working RH1 1: the featured spot on this report is free for founding agents, one per district. Claim RH1 1.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about RH1 1. Free, with a one click sign in.
Two maps carry on from here: every RH1 1 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.