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RH1

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New builds in RH1: what they really sell for.

In the 12 months to September 2026, 2 new-build homes sold in RH1 (Redhill), 0% of all sales, according to HM Land Registry. New detached homes sold for a median £1,015,800, 41.1% more than existing ones.

Redhill, covering Bletchingley & Nutfield, Burstow, Horne & Outwood, Chipstead, Kingswood & Woodmansterne, Earlswood & Whitebushes, Hooley, Merstham & Netherne, Horley East & Salfords, Meadvale & St John's, Redhill East.

New homes sold

2

0% of sales, last 12 months

New-build premium

+41.1%

Detached homes

Resold, vs market

+4.0%

Market +7.9%

Energy bills

~£524/yr

58% have solar

Developments

Where new homes have sold

New streets with three or more new-build sales in the last two years. Price per m² uses floor areas from each home's energy certificate.

Larrey CloseRH1 6AD · detached, semi-detached · 5 sold · latest Oct 2025
£750k–£1300k£6,484/m²
Oakley Gardens, MersthamRH1 3GJ · detached, semi-detached, terraced, flat · 7 sold · latest Sept 2025
£450k–£882k£6,395/m²

The premium

New against existing homes

Median sold prices over the last two years. New homes are often a different size, so this is a guide rather than a like-for-like comparison.

Detached

+41.1%

New £1016k · existing £720k

6 new-build sales

Resale

Do new builds in RH1 hold their value?

Bought new, resold

+4.0%

Local market, same years

+7.9%

Kept pace

17 of 74

Typically held 4.8 years

Homes in RH1 that Land Registry records as bought new and later resold, against the UK house price index for the same type of home and years. Shared-ownership first sales are left out.

Running costs

What new homes here cost to run

Energy bills

~£524/yr

Typical 119 m² home

Typical rating

EPC B

Solar panels

58%

of homes

Heat pumps

0%

of homes

From the energy certificates of 12 recently built homes. Certificate costs use standard assumptions, so compare them rather than budget on them. A typical older D-rated home costs nearer £1,800 a year.

HM Land Registry price paid data, standard sales only, to September 2026. New homes appear once their sale is registered, usually a few weeks after completion.

Questions

How much more do new builds cost in RH1?

Over the last two years, new detached homes in RH1 sold for a median £1,015,800 against £720,000 for existing ones, a difference of +41.1%. New homes are often a different size or spec, so compare price per square metre for a specific plot.

Do new builds in RH1 hold their value?

74 homes in RH1 bought new and later resold changed by a median +4.0%, typically after 4.8 years. The local market moved +7.9% over the same periods, so buyers of new homes generally lost some of the new-build premium.

Which new developments are selling in RH1?

Recent new-build sales recorded by Land Registry in RH1 include Larrey Close, Oakley Gardens, Merstham. New streets appear once the first homes complete.

How do I know if a new build in RH1 is fairly priced?

Compare the asking price per square metre with plots already sold on the development, allow for the new-build premium, and negotiate extras as well as price. Proptel's new-build check does this for one plot for £9.99, with the extras to ask for and a letter for the sales office.

© 2026 Proptel · Property data for buyers