27,655 recorded transactions · Part of Reigate and Banstead
Compare with another area →Key indicators for buyers
The RH1 market is moderately favourable for buyers. Prices have softened (-15.2%), which could present a buying opportunity. Affordability has improved from a peak of 14.2x in 2022 to 11.1x today. Rising rents (£1,624/mo, +3.1%) mean the cost of waiting is real.
Yearly averages · HM Land Registry Price Paid Data
2026averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Reigate and Banstead area
A home in Reigate and Banstead costs 11.1x the local median salary — very stretched, improving from a peak of 14.2x in 2022.
Average monthly rent · ONS Private Rental Index
Rental data shown for wider Reigate and Banstead area
Average monthly rent in Reigate and Banstead is £1,624, up 3.1% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Reigate and Banstead price of £400,446 with a 25% deposit (£100k), a 2-year fixed mortgage at 3.97% costs around £1,580 per month.
Monthly cost comparison based on current data
Uses RH1 avg. price with Reigate and Banstead rental data
Monthly mortgage payments (£1,580) are £44 less than renting (£1,624). However, buying requires an upfront deposit of £100k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
18, HONEYCROCK LANE RH1 5DF | Semi-detached | £493,750 | 26 Jan 2026 |
FAIRHAVEN, BELLWETHER LANE, OUTWOOD RH1 5QD | Detached | £715,000 | 26 Jan 2026 |
FLAT 2, 54, MALMSTONE AVENUE, MERSTHAM RH1 3NE | Flat/Maisonette | £244,100 | 16 Jan 2026 |
15, HEATHER CLOSE RH1 2JL | Terraced | £425,000 | 16 Jan 2026 |
FLAT 3, THE COURTYARD, NORTH STATION APPROACH, SOUTH NUTFIELD RH1 4JS | Flat/Maisonette | £287,500 | 15 Jan 2026 |
12, CROFTERS CLOSE RH1 6QX | Semi-detached | £415,000 | 14 Jan 2026 |
19, WOODSIDE WAY RH1 4DB |
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in RH1 sold for £400,446 in 2026, with a median of £382,500 across 12 transactions. Prices fell 15.2% compared to the previous year.
| Semi-detached |
| £445,000 |
| 14 Jan 2026 |
FLAT 5, BELMONT HOUSE, 84, LONDON ROAD RH1 2JP | Flat/Maisonette | £205,000 | 14 Jan 2026 |
42, SHREWSBURY ROAD RH1 6BH | Semi-detached | £590,000 | 9 Jan 2026 |
FLAT 10, PARK COURT, LINKFIELD LANE RH1 1JG | Flat/Maisonette | £320,000 | 8 Jan 2026 |
FLAT 3, FUSION, 140, STATION ROAD RH1 1ET | Flat/Maisonette | £315,000 | 8 Jan 2026 |
1, 32, ALBERT ROAD, MERSTHAM RH1 3LU | Flat/Maisonette | £350,000 | 6 Jan 2026 |
FLAT 36, BURLESCOMBE HOUSE, 29, BURRAGE ROAD RH1 1TL | Flat/Maisonette | £230,000 | 22 Dec 2025 |
14, LILLEY MEAD RH1 2NY | Terraced | £540,000 | 19 Dec 2025 |
1, ELMWOOD ROAD RH1 2JD | Semi-detached | £458,100 | 19 Dec 2025 |
10, CHESTERTON DRIVE, MERSTHAM RH1 3NZ | Semi-detached | £430,000 | 19 Dec 2025 |
140, CANALSIDE RH1 2FH | Flat/Maisonette | £335,000 | 19 Dec 2025 |
FLAT 3, AMY COURT, 22 - 24, ALBURY ROAD, MERSTHAM RH1 3LS | Flat/Maisonette | £167,000 | 19 Dec 2025 |
22, LYNDALE ROAD RH1 2HA | Semi-detached | £374,000 | 18 Dec 2025 |
UNIT 2, EARLSWOOD HOUSE, 47, WOODLANDS ROAD RH1 6HB | Flat/Maisonette | £175,000 | 17 Dec 2025 |
The most recent recorded sale in RH1 was a semi-detached property on Honeycrock Lane for £493,750 in January 2026. Across the last 20 sales, the median price was £374,000.