Housing Market Analysis for PALMER CLOSE, RH1 4BX

Are you looking to understand RH1 4BX 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 RH1 4BX area, explore the RH1 4BX Area information page.
For comprehensive crime statistics in the RH1 4BX area, explore the RH1 4BX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RH1 4BX postcode area, The average prices are as follows,

Terraced
- The average price is around £332,846 median price is £290,000 Standard Deviation is £136,262 with Total Sold: 25
- The Last 5 Year average price is £491,929 with Total Sold: 7
- The most recent sale happened at this postcode is 18 PALMER CLOSE: £500,000 (Sold on 31 Jul 2023)
- The first recorded sale happened at this postcode is 14 PALMER CLOSE: £102,000 (Sold on 09 May 1997)
Detached
- The average price is around £392,667 median price is £315,500 Standard Deviation is £122,079 with Total Sold: 3
- The Last 5 Year average price is £565,000 with Total Sold: 1
- The most recent sale happened at this postcode is 34 PALMER CLOSE: £565,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is 34 PALMER CLOSE: £297,500 (Sold on 24 Jul 2006)
Semi-Detached
- The average price is around £225,000 median price is £225,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 36 PALMER CLOSE: £225,000 (Sold on 13 Aug 2001)
- The first recorded sale happened at this postcode is 36 PALMER CLOSE: £225,000 (Sold on 13 Aug 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average RH1 4BX 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£475,500	£4,572	2
2021	£520,000	£4,636	3
2019	£466,250	£4,399	2
2018	£526,000	£5,935	1
2017	£437,500	£4,343	2
2014	£380,000	£3,654	1
2013	£290,000	£3,009	1
2010	£274,000	£3,151	2
2009	£237,500	£2,620	2
2006	£265,000	£1,978	1
2003	£250,000		1
2002	£207,500	£1,604	2
2001	£221,500	£1,760	2
2000	£192,000	£2,166	1
1997	£109,325	£1,053	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£565,000	£4,748	1
2011	£315,500	£2,651	1
2006	£297,500	£2,500	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£225,000	£2,064	1

All the Sales in the PALMER CLOSE, RH1 4BX

See the table below for more details on the sold house prices in the RH1 4BX, Reigate and Banstead postcode.

Address	Sold Date	Price	% Change
18 PALMER CLOSETerraced, FreeholdArea: 104 Sq.mtrAge: 1967-1975	31 Jul 2023	£500,000	10.86%
	26 Jan 2023	£451,000	18.68%
	20 Nov 2014	£380,000	First Sale
34 PALMER CLOSEDetached, FreeholdArea: 119 Sq.mtrAge: 1976-1982	30 Sep 2022	£565,000	79.08%
	23 Sep 2011	£315,500	6.05%
	24 Jul 2006	£297,500	First Sale
22 PALMER CLOSETerraced, FreeholdArea: 134 Sq.mtrAge: 1976-1982	09 Aug 2021	£560,000	111.32%
	17 Mar 2006	£265,000	23.26%
	28 Jun 2002	£215,000	First Sale
2 PALMER CLOSETerraced, FreeholdArea: 95 Sq.mtrAge: 1983-1990	27 May 2021	£500,000	First Sale
16 PALMER CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 1976-1982	07 Jan 2021	£500,000	328.63%
	22 Oct 1997	£116,650	First Sale
26 PALMER CLOSETerraced, FreeholdArea: 136 Sq.mtrAge: 1983-1990	26 Jul 2019	£492,500	120.85%
	25 Jun 2001	£223,000	First Sale
12 PALMER CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	08 May 2019	£440,000	77.42%
	29 Jan 2010	£248,000	First Sale
24 PALMER CLOSETerraced, FreeholdArea: 88.63 Sq.mtrAge: 1983-1990	13 Jul 2018	£526,000	75.33%
	05 Feb 2010	£300,000	56.25%
	25 Aug 2000	£192,000	First Sale
20 PALMER CLOSETerraced, FreeholdArea: 120 Sq.mtrAge: 1976-1982	24 Oct 2017	£445,000	First Sale
8 PALMER CLOSETerraced, FreeholdArea: 86.4 Sq.mtrAge: 1967-1975	23 May 2017	£430,000	72.00%
	28 Aug 2009	£250,000	First Sale
4 PALMER CLOSETerraced, FreeholdArea: 96.38 Sq.mtrAge: 1976-1982	18 Jan 2013	£290,000	First Sale
14 PALMER CLOSETerraced, FreeholdArea: 95.85 Sq.mtrAge: 1967-1975	10 Jul 2009	£225,000	120.59%
	09 May 1997	£102,000	First Sale
28 PALMER CLOSETerraced, Freehold	29 May 2003	£250,000	First Sale
10 PALMER CLOSETerraced, Freehold	24 Jun 2002	£200,000	First Sale
30 PALMER CLOSETerraced, FreeholdArea: 117 Sq.mtrAge: 1976-1982	24 Oct 2001	£220,000	First Sale
36 PALMER CLOSESemi-Detached, FreeholdArea: 109 Sq.mtrAge: 1950-1966	13 Aug 2001	£225,000	First Sale

Check out the sold house prices near the RH1 4BX postcode. Properties currently for saleProperties currently for rent

PALMER CLOSE, RH1 4BX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RH1 4BX 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 RH1 4BX postcode.

Semi-Detached
- The average price is around £270,167 median price is £245,000 Standard Deviation is £154,719 with Total Sold: 893
- The Last 5 Year average price is £507,784 with Total Sold: 133
- The most recent sale happened at this postcode is , 10 HALLOWES CLOSE: £650,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 58 EARLSBROOK ROAD: £42,000 (Sold on 10 Mar 1995)
Flat
- The average price is around £154,006 median price is £152,748 Standard Deviation is £73,586 with Total Sold: 776
- The Last 5 Year average price is £230,514 with Total Sold: 91
- The most recent sale happened at this postcode is , 71 EARLSBROOK ROAD: £690,000 (Sold on 27 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 2, 31 REDSTONE HILL: £59,950 (Sold on 28 Apr 1995)
Detached
- The average price is around £396,109 median price is £340,000 Standard Deviation is £246,717 with Total Sold: 421
- The Last 5 Year average price is £690,212 with Total Sold: 80
- The most recent sale happened at this postcode is , 20 CHANCTONBURY CHASE: £825,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 14 RURAL WAY: £117,000 (Sold on 23 Feb 1995)
Terraced
- The average price is around £238,915 median price is £235,250 Standard Deviation is £123,186 with Total Sold: 494
- The Last 5 Year average price is £406,276 with Total Sold: 81
- The most recent sale happened at this postcode is , 27 HOOLEY LANE: £440,000 (Sold on 14 May 2024)
- The first recorded sale happened at this postcode is , 17 WILTON ROAD: £45,000 (Sold on 16 Jan 1995)
Other
- The average price is around £1,113,447 median price is £400,000 Standard Deviation is £1,827,059 with Total Sold: 27
- The Last 5 Year average price is £456,137 with Total Sold: 13
- The most recent sale happened at this postcode is , 18 READING ARCH ROAD: £310,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is , UNIT D KINGSFIELD BUSINESS CENTRE: £1,500,000 (Sold on 18 Dec 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£563,333	£6,020	6
2023	£545,947	£5,136	19
2022	£549,013	£5,573	19
2021	£531,290	£4,665	40
2020	£468,214	£4,658	28
2019	£428,069	£4,062	21
2018	£456,720	£4,161	25
2017	£395,202	£4,233	25
2016	£431,726	£4,216	27
2015	£363,776	£3,751	25
2014	£338,304	£3,617	30
2013	£317,031	£3,166	32
2012	£297,968	£3,202	18
2011	£262,172	£2,721	26
2010	£262,111	£2,723	29
2009	£272,624	£2,595	25
2008	£289,130	£2,498	15
2007	£268,089	£2,921	33
2006	£257,782	£2,743	54
2005	£244,413	£2,303	36
2004	£221,405	£2,051	21
2003	£216,915	£2,123	33
2002	£180,816	£1,929	34
2001	£151,380	£1,554	41
2000	£150,753	£1,542	43
1999	£125,218	£1,254	39
1998	£110,696	£1,088	52
1997	£83,494	£930	32
1996	£78,105	£891	42
1995	£71,520	£689	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£426,667		3
2023	£208,270	£4,434	10
2022	£228,404	£4,602	18
2021	£207,100	£4,893	20
2020	£240,571	£4,750	21
2019	£226,779	£4,080	19
2018	£256,033	£4,475	15
2017	£217,911	£4,389	24
2016	£219,303	£4,362	38
2015	£198,816	£3,503	45
2014	£178,574	£3,314	34
2013	£159,932	£2,828	22
2012	£129,865	£2,709	13
2011	£144,643	£2,728	14
2010	£151,906	£2,755	16
2009	£164,097	£2,695	31
2008	£164,196	£2,928	28
2007	£171,273	£3,362	48
2006	£175,476	£3,000	71
2005	£156,470	£2,913	44
2004	£145,128	£2,911	27
2003	£120,925	£2,430	20
2002	£105,588	£2,216	21
2001	£93,230	£1,874	25
2000	£66,716	£1,695	31
1999	£62,012	£1,407	28
1998	£56,188	£1,246	32
1997	£46,652	£1,046	22
1996	£44,041	£1,055	16
1995	£48,980	£983	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£631,250	£4,825	4
2023	£635,500	£5,610	10
2022	£596,712	£5,594	20
2021	£773,226	£4,616	27
2020	£798,292	£4,521	12
2019	£563,729	£4,618	7
2018	£592,096	£4,775	13
2017	£559,700	£4,431	16
2016	£581,781	£4,223	16
2015	£492,063	£4,122	15
2014	£441,588	£3,777	17
2013	£380,953	£3,456	16
2012	£401,411	£3,848	9
2011	£326,786	£2,896	7
2010	£374,314	£3,110	14
2009	£419,150	£2,786	10
2008	£292,000	£3,408	9
2007	£319,469	£2,829	13
2006	£331,788	£2,885	16
2005	£317,531	£2,642	16
2004	£311,768	£2,522	22
2003	£468,584	£2,506	12
2002	£219,909	£2,059	17
2001	£202,136	£1,413	7
2000	£210,883	£1,742	18
1999	£149,436	£1,363	18
1998	£165,842	£1,358	18
1997	£129,142	£1,079	19
1996	£104,354	£1,007	12
1995	£116,955	£876	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£412,400	£5,894	5
2023	£398,143	£5,183	7
2022	£445,941	£5,345	21
2021	£430,194	£4,590	18
2020	£356,333	£4,536	12
2019	£370,839	£4,442	18
2018	£363,156	£4,513	16
2017	£402,752	£4,656	15
2016	£336,400	£4,484	14
2015	£347,541	£3,510	11
2014	£274,281	£3,245	16
2013	£258,732	£3,138	17
2012	£229,636	£3,167	11
2011	£212,835	£2,924	13
2010	£277,235	£2,635	10
2009	£243,000	£2,742	5
2008	£215,264	£3,529	11
2007	£246,200	£3,022	22
2006	£239,710	£3,058	43
2005	£227,565	£3,161	33
2004	£189,321	£2,445	12
2003	£194,278	£2,165	16
2002	£176,835	£2,229	17
2001	£133,853	£1,561	17
2000	£124,574	£1,524	23
1999	£105,661	£1,333	18
1998	£86,552	£1,284	18
1997	£83,438	£983	16
1996	£64,261	£906	23
1995	£78,919	£915	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£310,000		1
2022	£192,775		1
2021	£647,064	£7,326	8
2019	£83,500	£325	3
2018	£1,550,940	£3,478	5
2017	£2,390,016		6
2016	£269,250		2
2014	£1,500,000		1

House Type in RH1 4BX area

The most common house types in the RH1 4BX postcode area are Detached (38), Terraced (32), and Semi-detached (30).

Total	107
Detached	38
Terraced	32
Semi-detached	30
Flat	7
Shared house	0
converted building	0
commercial 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 (61), and Owned: Owns outright (31).

Owned: Owns with a mortgage or loan	61
Owned: Owns outright	31
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	7
Social rented: Other social rented	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the RH1 4BX have 2 people in household (36), and 4 people in household (27).

2 people in household	36
4 people in household	27
3 people in household	26
1 person in household	16
5 people in household	3
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0