Housing Market Analysis for WESLEY PLACE, KT18 5ER

Are you looking to understand KT18 5ER house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Reigate and Banstead postcode.

For the location information and nearby amenities in the KT18 5ER area, explore the KT18 5ER Area information page.
For comprehensive crime statistics in the KT18 5ER area, explore the KT18 5ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the KT18 5ER postcode area, The average prices are as follows,

Flat
- The average price is around £229,389 median price is £236,000 Standard Deviation is £44,830 with Total Sold: 14
- The Last 5 Year average price is £325,000 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 4, ABBEY HOUSE WESLEY PLACE: £325,000 (Sold on 04 Oct 2019)
- The first recorded sale happened at this postcode is FLAT 3, ABBEY HOUSE WESLEY PLACE: £260,000 (Sold on 11 Dec 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average KT18 5ER house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£325,000		1
2018	£271,250	£5,365	2
2017	£256,000		1
2013	£207,988	£3,679	4
2009	£215,500		2
2008	£206,249	£3,466	4

All the Sales in the WESLEY PLACE, KT18 5ER

See the table below for more details on the sold house prices in the KT18 5ER, Reigate and Banstead postcode.

Address	Sold Date	Price	% Change
FLAT 4, ABBEY HOUSE WESLEY PLACEFlat, Leasehold	04 Oct 2019	£325,000	34.30%
	06 Dec 2013	£242,000	5.22%
	20 Mar 2009	£230,000	First Sale
FLAT 3, ABBEY HOUSE WESLEY PLACEFlat, Leasehold	26 Oct 2018	£285,000	11.33%
	05 Dec 2017	£256,000	-1.54%
	11 Dec 2008	£260,000	First Sale
FLAT 6, ABBEY HOUSE WESLEY PLACEFlat, LeaseholdArea: 48 Sq.mtrAge: 2007 onwards	21 May 2018	£257,500	47.14%
	28 Nov 2013	£175,000	-2.78%
	19 Dec 2008	£180,000	First Sale
FLAT 5, ABBEY HOUSE WESLEY PLACEFlat, Leasehold	06 Dec 2013	£170,000	-2.85%
FLAT 5, ABBEY HOUSE WESLEY PLACEFlat, Leasehold	23 Dec 2008	£174,995	First Sale
FLAT 1, ABBEY HOUSE WESLEY PLACEFlat, LeaseholdArea: 66 Sq.mtrAge: 2007 onwards	03 May 2013	£244,950	16.64%
	16 Dec 2008	£210,000	First Sale
FLAT 2, ABBEY HOUSE WESLEY PLACEFlat, Leasehold	04 Sep 2009	£201,000	First Sale

Check out the sold house prices near the KT18 5ER postcode. Properties currently for saleProperties currently for rent

WESLEY PLACE, KT18 5ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the KT18 5ER postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the KT18 5ER postcode.

Semi-Detached
- The average price is around £328,069 median price is £295,000 Standard Deviation is £167,485 with Total Sold: 451
- The Last 5 Year average price is £557,602 with Total Sold: 81
- The most recent sale happened at this postcode is , 8 NOWER CLOSE: £830,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 7 ELM GARDENS: £76,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £472,106 median price is £450,000 Standard Deviation is £227,102 with Total Sold: 567
- The Last 5 Year average price is £738,959 with Total Sold: 107
- The most recent sale happened at this postcode is , 110 CHAPEL WAY: £750,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 67 SHAWLEY WAY: £171,000 (Sold on 05 Jan 1995)
Other
- The average price is around £3,496,186 median price is £287,000 Standard Deviation is £9,305,065 with Total Sold: 13
- The Last 5 Year average price is £6,178,070 with Total Sold: 6
- The most recent sale happened at this postcode is , 46 HOME FARM CLOSE: £306,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , GREAT BURGH YEW TREE BOTTOM ROAD: £7,000,000 (Sold on 11 Nov 2015)
Flat
- The average price is around £173,165 median price is £171,500 Standard Deviation is £86,347 with Total Sold: 376
- The Last 5 Year average price is £263,590 with Total Sold: 68
- The most recent sale happened at this postcode is , 18 HOME FARM CLOSE: £265,000 (Sold on 30 Apr 2024)
- The first recorded sale happened at this postcode is , 7 HOME FARM CLOSE: £58,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £242,701 median price is £238,375 Standard Deviation is £107,437 with Total Sold: 260
- The Last 5 Year average price is £399,390 with Total Sold: 41
- The most recent sale happened at this postcode is , 167 CHETWODE ROAD: £365,000 (Sold on 19 Apr 2024)
- The first recorded sale happened at this postcode is , 7 CHETWODE DRIVE: £74,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£685,000		2
2023	£560,583	£5,831	12
2022	£636,916	£5,640	16
2021	£537,200	£5,389	21
2020	£514,867	£5,053	15
2019	£524,930	£4,712	15
2018	£542,350	£4,887	10
2017	£491,667	£5,002	15
2016	£477,188	£4,742	16
2015	£467,861	£4,626	18
2014	£419,098	£4,272	20
2013	£359,150	£3,806	10
2012	£306,200	£2,849	10
2011	£294,900	£2,911	5
2010	£308,188	£3,206	13
2009	£292,429	£3,143	14
2008	£291,250	£3,242	10
2007	£300,346	£3,247	23
2006	£283,045	£2,684	19
2005	£273,958	£2,665	25
2004	£248,418	£2,531	19
2003	£227,929	£2,515	14
2002	£208,542	£2,043	20
2001	£182,477	£1,598	15
2000	£167,645	£1,789	19
1999	£141,126	£1,398	25
1998	£123,054	£1,311	14
1997	£113,820	£989	15
1996	£111,358	£1,041	13
1995	£108,831	£1,084	8

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£775,000		2
2023	£777,324	£6,392	17
2022	£834,238	£6,499	21
2021	£727,375	£6,034	16
2020	£691,176	£5,405	29
2019	£686,500	£5,323	22
2018	£702,795	£5,123	28
2017	£585,357	£5,661	14
2016	£547,562	£4,640	16
2015	£592,562	£4,790	24
2014	£531,237	£4,582	27
2013	£508,247	£3,824	16
2012	£409,273	£3,349	11
2011	£478,028	£3,963	18
2010	£501,719	£4,040	12
2009	£429,643	£3,747	14
2008	£423,750	£3,333	8
2007	£465,500	£3,451	16
2006	£419,015	£2,892	27
2005	£382,393	£2,846	15
2004	£420,712	£2,749	21
2003	£330,121	£2,831	12
2002	£368,512	£2,530	32
2001	£305,391	£2,354	22
2000	£371,524	£2,261	33
1999	£201,497	£1,434	16
1998	£256,516	£1,793	32
1997	£157,069	£1,303	16
1996	£151,165	£1,153	17
1995	£167,081	£1,394	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£306,000		1
2022	£433,000		2
2021	£386,125	£6,098	2
2020	£35,124,172		1
2018	£45,000		1
2017	£267,400	£2,147	5
2015	£7,000,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£279,333	£4,945	3
2023	£265,693	£4,737	14
2022	£273,208	£4,814	12
2021	£260,722	£4,532	18
2020	£265,450	£4,352	12
2019	£245,500	£3,930	9
2018	£257,867	£4,322	15
2017	£289,000	£4,785	13
2016	£224,621	£3,997	12
2015	£223,000	£3,965	19
2014	£217,532	£3,490	11
2013	£198,338	£3,296	13
2012	£180,500	£2,787	8
2011	£144,500	£2,456	9
2010	£148,906	£2,933	8
2009	£179,879	£2,667	7
2008	£204,483	£3,017	25
2007	£179,887	£3,026	15
2006	£155,389	£2,768	9
2005	£143,190	£2,709	5
2004	£142,238	£2,522	12
2003	£118,568	£2,015	11
2002	£128,394	£1,947	17
2001	£102,416	£1,744	19
2000	£84,621	£1,414	14
1999	£70,505	£1,231	21
1998	£66,412	£1,129	12
1997	£66,818	£997	14
1996	£53,075	£819	6
1995	£52,425	£892	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£381,667		3
2023	£411,700	£5,160	10
2022	£416,200	£5,221	10
2021	£423,286	£5,234	7
2020	£366,167	£4,618	6
2019	£358,200	£4,307	5
2018	£338,450	£4,241	10
2017	£345,667	£4,293	6
2016	£330,571	£3,847	7
2015	£324,117	£4,013	12
2014	£286,144	£3,580	17
2013	£246,833	£3,128	12
2012	£266,090	£3,257	5
2011	£242,050	£3,171	10
2010	£207,500	£2,791	5
2009	£229,125	£2,735	8
2008	£272,333	£3,106	3
2007	£232,842	£2,764	13
2006	£222,815	£2,797	17
2005	£199,483	£2,252	6
2004	£181,077	£2,311	13
2003	£191,196	£2,144	12
2002	£144,829	£1,738	12
2001	£133,495	£1,569	10
2000	£124,240	£1,579	10
1999	£100,636	£1,277	7
1998	£118,490	£1,426	5
1997	£90,786	£1,097	7
1996	£72,038	£863	4
1995	£75,556	£891	8

House Type in KT18 5ER area

The most common house types in the KT18 5ER postcode area are Detached (66), Semi-detached (51), and Flat (27).

Total	148
Detached	66
Semi-detached	51
Flat	27
Terraced	3
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (73), and Owned: Owns outright (62).

Owned: Owns with a mortgage or loan	73
Owned: Owns outright	62
Private rented: Private landlord or letting agency	9
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the KT18 5ER have 2 people in household (50), and 1 person in household (36).

2 people in household	50
1 person in household	36
3 people in household	28
4 people in household	24
5 people in household	8
6 people in household	4
0 people in household	0
7 people in household	0
8 or more people in household	0