15,776 recorded transactions · Part of Reigate and Banstead
Compare with another area →Key indicators for buyers
The RH2 market is moderately favourable for buyers. Prices have softened (-30.8%), 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 £458,500 with a 25% deposit (£115k), a 2-year fixed mortgage at 3.97% costs around £1,809 per month.
Monthly cost comparison based on current data
Uses RH2 avg. price with Reigate and Banstead rental data
Monthly mortgage payments (£1,809) are £185 more than renting (£1,624). However, buying requires an upfront deposit of £115k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
33, SHELDON CLOSE RH2 7HP | Flat/Maisonette | £389,000 | 16 Jan 2026 |
FLAT 2, FONTEYN COURT, 18, LESBOURNE ROAD RH2 7AU | Flat/Maisonette | £310,000 | 9 Jan 2026 |
25, WARRENNE WAY RH2 9HR | Semi-detached | £615,000 | 9 Jan 2026 |
3, THE RIDINGS RH2 0JE | Detached | £900,000 | 9 Jan 2026 |
FLAT 9, CHURCHFIELD COURT, ROEBUCK CLOSE RH2 7RS | Flat/Maisonette | £78,500 | 5 Jan 2026 |
FLAT 10, PARK VIEW, 105, BELL STREET RH2 7JB | Flat/Maisonette | £250,000 | 22 Dec 2025 |
20, ALBERT ROAD NORTH RH2 9EG |
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 RH2 sold for £458,500 in 2026, with a median of £389,000 across 5 transactions. Prices fell 30.8% compared to the previous year.
| Semi-detached |
| £690,000 |
| 19 Dec 2025 |
7A, SLIPSHATCH ROAD RH2 8HA | Flat/Maisonette | £211,000 | 18 Dec 2025 |
38, WOODCREST WALK RH2 0JL | Terraced | £420,000 | 17 Dec 2025 |
FLAT 3, BLOOMSBERRY HOUSE, 35, CROYDON ROAD RH2 0LZ | Flat/Maisonette | £165,000 | 17 Dec 2025 |
22, STUART ROAD RH2 8JR | Terraced | £440,000 | 15 Dec 2025 |
36, RUSHWORTH ROAD RH2 0PE | Semi-detached | £675,000 | 12 Dec 2025 |
FLAT 3, DEVONSHIRE HOUSE, 31, HOLMESDALE ROAD RH2 0BJ | Flat/Maisonette | £265,000 | 11 Dec 2025 |
3, KNIGHTWOOD CLOSE RH2 8BE | Detached | £877,000 | 11 Dec 2025 |
FLAT 3, HOLMESDALE HOUSE, 46, CROYDON ROAD RH2 0NH | Flat/Maisonette | £370,000 | 10 Dec 2025 |
FLAT 1, 23, CROYDON ROAD RH2 0LY | Flat/Maisonette | £310,000 | 10 Dec 2025 |
FLAT 1, 48, HOLMESDALE ROAD RH2 0BX | Flat/Maisonette | £250,000 | 5 Dec 2025 |
73, LESBOURNE ROAD RH2 7JX | Semi-detached | £552,000 | 5 Dec 2025 |
9, NUTLEY LANE RH2 9HP | Semi-detached | £760,000 | 1 Dec 2025 |
78, ALLINGHAM ROAD RH2 8HX | Semi-detached | £635,000 | 1 Dec 2025 |
The most recent recorded sale in RH2 was a flat/maisonette property on Sheldon Close for £389,000 in January 2026. Across the last 20 sales, the median price was £420,000.