Redhill Property Market Overview
East Surrey hub with improving town centre and fast London services via Thameslink
The Redhill property market recorded 1,404 residential sales over the past 12 months, with a median sale price of £471,250. This places Redhill £21k below the Surrey county median of £492,500, and £186k above the UK national median of £285,000.
Prices in Redhill have shown broadly stable, with a year-on-year change of -0.8%. Within Surrey, Redhill ranks 8th by price out of 10 principal towns, and 1st by transaction volume.
Redhill House Prices by Property Type
Property prices in Redhill vary significantly by type. The table below compares Redhill prices with Surrey county averages and UK national figures.
| Type | Redhill | Surrey Avg | UK Avg |
|---|---|---|---|
| Detached | £797,000 | £832,500 | £420,000 |
| Semi-detached | £530,000 | £540,000 | £265,000 |
| Terraced | £436,250 | £426,250 | £230,000 |
| Flat | £268,000 | £271,500 | £225,000 |
Detached homes in Redhill command £797,000, while flat properties are most accessible at £268,000. The £529k spread between the most and least expensive types indicates a diverse market with opportunities across the development spectrum.
Median Price by Property Type
New Build Homes in Redhill
Redhill recorded 1 new-build transactions in the past 12 months, representing 0.1% of total sales. New-build supply is limited, potentially indicating either planning constraints or an untapped opportunity for developers.
New-build properties in Redhill traded at a discount of 100.0% versus existing stock. Developers should focus on specification, design quality, and location to maximise values above comparable second-hand stock.
Across the wider Surrey market, 183 new-build completions were recorded — see our Surrey property market report for the full county picture.
Recent Property Sales in Redhill
The following table shows the most recent property transactions recorded in Redhill, providing real-time evidence of achieved prices for buyers, sellers, and developers:
| Price | Type | Postcode | Date | Status |
|---|---|---|---|---|
| £994,000 | Detached | RH2 0NQ | 2026-02-23 | Existing |
| £565,000 | Terraced | KT20 7RN | 2026-02-20 | Existing |
| £340,000 | Flat | SM7 3DD | 2026-02-20 | Existing |
| £790,000 | Detached | RH6 9EP | 2026-02-18 | Existing |
| £745,000 | Detached | KT20 5TQ | 2026-02-17 | Existing |
These transactions are sourced from HM Land Registry Price Paid data and represent completed, registered sales. The range from £340,000 to £994,000 illustrates the breadth of the Redhill market.
Development Finance in Redhill
For developers considering Redhill, the local market data translates directly into finance structuring. With a median value of £471,250 and detached homes at £797,000, lenders can assess scheme viability with confidence.
A typical development finance facility for a Redhill scheme with a GDV of £797,000 would attract senior debt of approximately £518,050 at 65% LTGDV. Mezzanine finance can stretch total borrowing to 85-90% of costs, while bridging loans enable rapid site acquisitions completing in as little as 5 working days.
While prices have softened 0.8% year-on-year, experienced developers can still generate strong returns in Redhill by targeting well-located sites with clear demand drivers.
Ready to develop in Redhill? Submit your scheme for indicative terms within 24 hours from our panel of 100+ lenders.
Redhill Compared to Nearby Surrey Towns
To put Redhill's market in context, the table below compares it with similarly-priced towns across Surrey:
| Town | Median Price | Sales (12m) | YoY Change |
|---|---|---|---|
| Redhill | £471,250 | 1,404 | -0.8% |
| Camberley | £475,000 | 857 | +2.6% |
| Staines | £457,500 | 916 | +1.7% |
| Dorking | £490,000 | 263 | +2.6% |
| Guildford | £495,000 | 1,345 | +2.1% |
| Woking | £420,000 | 1,054 | -5.7% |
For the full Surrey town-by-town breakdown, see our comprehensive Surrey property market report.
Finance Solutions
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5 min readFrequently Asked Questions
What is the average house price in Redhill?
The median house price in Redhill is £471,250, based on 1,404 transactions over the past 12 months. Detached homes average £797,000 while flat properties average £268,000.
Are house prices rising or falling in Redhill?
House prices in Redhill are falling at -0.8% year-on-year. This decline may present buying opportunities for investors and developers. The wider Surrey market is rising at +1.3%.
How many properties sold in Redhill recently?
Redhill recorded 1,404 residential property sales in the past 12 months. This high volume indicates a liquid, active market.
What development finance is available for projects in Redhill?
Developers in Redhill can access development finance from 6.5% p.a. at 65-70% LTGDV, mezzanine finance stretching to 85-90% of costs, bridging loans completing in 5-10 days, and development exit finance. Construction Capital sources the best terms from 100+ lenders.