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Merstham market report RH1 3, Redhill
The standing RH1 3 (Merstham) property market report, rebuilt from the full public record every month. Underneath every chart here sit 4,113 registered sales in RH1 3 (Redhill) since 1995, the HM Land Registry record of what buyers really paid, with ONS figures covering rents. Nothing is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the middle 2026 sale in RH1 3 (Redhill) came in at £422,500, out of 45 registered, up 16% on five years earlier, and the mean stands at £454,500, and by floor area homes here have averaged about £4,960 per square metre over the last five years. The record behind it is 4,113 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
A postcode sector like RH1 3 is a single group of streets within RH1 (Redhill), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where RH1 3 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 a home in RH1 3 sells for
Across 45 registered 2026 sales, the typical (median) RH1 3 home went for £422,500. The mean is £454,500, somewhat above it, as happens wherever a market carries an expensive tail.
RH1 3 prices by floor area
Averaged across five years of sales, floor space in RH1 3 costs about £4,960 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Set against the £285,000 England and Wales median, RH1 3 sits 48% above the national market.
RH1 3'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 | £422,500 | £422,500 | 45 |
| 2025 | £438,000 | £448,474 | 87 |
| 2024 | £456,200 | £485,034 | 80 |
| 2023 | £421,200 | £462,796 | 106 |
| 2022 | £420,000 | £492,498 | 145 |
| 2021 | £365,000 | £462,137 | 204 |
| 2020 | £415,000 | £538,471 | 120 |
| 2019 | £345,000 | £452,212 | 137 |
| 2018 | £347,000 | £462,558 | 89 |
| 2017 | £337,100 | £459,771 | 114 |
| 2016 | £352,000 | £492,451 | 121 |
| 2015 | £307,000 | £433,791 | 129 |
| 2014 | £269,100 | £381,765 | 121 |
| 2013 | £230,000 | £330,947 | 135 |
| 2012 | £220,000 | £323,813 | 111 |
| 2011 | £216,500 | £326,832 | 108 |
| 2010 | £220,000 | £345,017 | 101 |
| 2009 | £195,500 | £314,268 | 90 |
| 2008 | £207,000 | £339,317 | 65 |
| 2007 | £234,200 | £397,268 | 188 |
| 2006 | £210,000 | £364,533 | 179 |
| 2005 | £200,000 | £355,919 | 177 |
| 2004 | £190,000 | £345,077 | 164 |
| 2003 | £174,500 | £321,471 | 152 |
| 2002 | £147,500 | £277,520 | 168 |
| 2001 | £142,000 | £272,988 | 162 |
| 2000 | £118,000 | £231,575 | 137 |
| 1999 | £95,000 | £189,330 | 177 |
| 1998 | £90,000 | £181,671 | 117 |
| 1997 | £78,000 | £159,962 | 147 |
| 1996 | £68,000 | £143,409 | 144 |
| 1995 | £63,000 | £136,952 | 93 |
In cash terms the typical RH1 3 home went from £63,000 in 1995 to £422,500 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 209%, so homes here got dearer in substance, not only in cash. In inflation-adjusted terms the high-water mark was 2020. The market now sits about 22% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the RH1 3 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 2000 (+24.2% on the year before); the weakest, 2021 (−12.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −3.5% | −5.8% |
| 5 years (since 2021) | +3.0% | −1.8% |
| 10 years (since 2016) | +1.8% | −1.5% |
| 20 years (since 2006) | +3.6% | +0.7% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 45 RH1 3 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 166 sales a year before the financial crisis and 93 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.
What homes rent for around RH1 3
For renting purposes RH1 3 sits in Reigate and Banstead. The ONS average private rent there is £1,636 a month (May 2026). The spread runs from £1,138 a month for a typical one-bed to £2,556 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Reigate and Banstead
ONS Price Index of Private Rents, May 2026.
Set against the £422,500 median sold price, £1,636 a month is £19,632 a year, a gross yield of 4.6%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
How RH1 3 trades
Only 45 sales completed here in the last twelve months of data, which makes RH1 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching.
What people ask about RH1 3 (Merstham)
How much did a house sell for in RH1 3 (Merstham)?
Are property prices falling in RH1 3 (Merstham)?
Is RH1 3 (Merstham) a good place to buy a house?
What happens to RH1 3 prices now?
The record answers a different question than "what happens next": the median is up 16% over five years in cash but down 9% 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 3: live asking prices are collected per district.
17% of what is on the market here is asking below what comparable homes actually sold for. The comparison behind each listing uses recent recorded sales of similar homes close by.
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every RH1 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
Bedroom by bedroom: RH prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the RH area. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| 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%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
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
The biggest risers and fallers in cash terms; every row links to that district's 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 1 | £265,000 | 23 |
| RH1 2 | £440,000 | 43 |
| 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.
Thinking of selling in RH1 3? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in RH1 3, open the average prices map and zoom from the RH1 3 shading down to the sold homes on your own street. Every recorded RH1 3 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim RH1 3.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about RH1 3. Free, with a one click sign in.
Two maps carry on from here: every RH1 3 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.