Housing Market Analysis for POLAR DRIVE, RH1 5HW

Are you looking to understand RH1 5HW 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 5HW area, explore the RH1 5HW Area information page.
For comprehensive crime statistics in the RH1 5HW area, explore the RH1 5HW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RH1 5HW postcode area, The average prices are as follows,

  • Other
    • The average price is around £36,009,607 median price is £36,009,607 Standard Deviation is £16,009,607 with Total Sold: 2
    • The Last 5 Year average price is £52,019,214 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 POLAR DRIVE: £52,019,214 (Sold on 10 Dec 2020)
    • The first recorded sale happened at this postcode is 2 POLAR DRIVE: £20,000,000 (Sold on 06 Apr 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average RH1 5HW 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£52,019,2141
2018£20,000,0001

All the Sales in the POLAR DRIVE, RH1 5HW

See the table below for more details on the sold house prices in the RH1 5HW, Reigate and Banstead postcode.

AddressSold DatePrice% Change
2 POLAR DRIVEOther, Freehold10 Dec 2020£52,019,214160.10%
06 Apr 2018£20,000,000First Sale

Check out the sold house prices near the RH1 5HW postcode. Properties currently for saleProperties currently for rent

POLAR DRIVE, RH1 5HW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RH1 5HW 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 5HW postcode.

  • Flat
    • The average price is around £147,108 median price is £138,000 Standard Deviation is £71,651 with Total Sold: 121
    • The Last 5 Year average price is £221,250 with Total Sold: 18
    • The most recent sale happened at this postcode is FLAT 1, THE GRANGE MANOR, 40 BONEHURST ROAD: £225,000 (Sold on 10 Nov 2023)
    • The first recorded sale happened at this postcode is , 22 WILLOW COURT: £50,000 (Sold on 26 May 1995)
  • Terraced
    • The average price is around £160,646 median price is £159,000 Standard Deviation is £75,606 with Total Sold: 23
    • The Last 5 Year average price is £276,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 3 SKIPTON WAY: £293,500 (Sold on 29 Jun 2022)
    • The first recorded sale happened at this postcode is , 3 BEECHWOOD VILLAS: £64,500 (Sold on 21 Oct 1996)
  • Semi-Detached
    • The average price is around £257,956 median price is £250,000 Standard Deviation is £114,038 with Total Sold: 70
    • The Last 5 Year average price is £389,455 with Total Sold: 11
    • The most recent sale happened at this postcode is , 21 BEECHWOOD VILLAS: £405,000 (Sold on 14 Apr 2022)
    • The first recorded sale happened at this postcode is , 25 WILLOW COURT: £50,000 (Sold on 26 Jun 1995)
  • Other
    • The average price is around £8,705,838 median price is £780,000 Standard Deviation is £14,923,921 with Total Sold: 11
    • The Last 5 Year average price is £17,712,304 with Total Sold: 4
    • The most recent sale happened at this postcode is , AVIATION HOUSE CROSS OAK LANE: £10,250,000 (Sold on 09 Jun 2021)
    • The first recorded sale happened at this postcode is , UNIT 8 FAIRLAWN ENTERPRISE PARK: £310,000 (Sold on 26 Nov 2013)
  • Detached
    • The average price is around £212,500 median price is £170,000 Standard Deviation is £142,256 with Total Sold: 7
    • The Last 5 Year average price is £406,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 1A BEECHWOOD VILLAS: £406,000 (Sold on 04 Feb 2021)
    • The first recorded sale happened at this postcode is FLAT 12, BURSTOW HOUSE SKIPTON WAY: £44,500 (Sold on 06 Sep 1996)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £3,169 1
2022£273,125 £4,091 4
2021£222,000 £4,063 5
2020£202,000 £4,009 5
2019£181,667 £3,484 3
2018£247,727 £3,987 11
2017£200,667 £3,692 3
2016£231,875 £5,109 2
2015£198,167 £4,021 3
2014£158,167 £3,261 6
2013£137,500 £2,845 4
2012£131,000 £2,561 3
2011£183,500 £2,987 2
2010£129,375 £2,329 4
2008£156,000 £3,131 2
2007£159,500 £3,378 3
2006£133,375 £2,780 8
2005£132,500 £2,722 7
2004£148,492 £2,711 6
2003£109,850 £2,631 5
2002£101,750 £2,047 6
2001£94,950 £1,582 1
2000£115,390 £1,501 5
1999£61,292 £1,213 6
1998£60,380 £1,100 5
1997£43,192 £856 6
1996£43,817 £758 3
1995£44,000 £970 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£293,500 £5,870 1
2021£260,000 £5,098 1
2017£265,000 £5,300 1
2015£225,000 £4,412 1
2014£188,750 £3,770 2
2012£163,000 £3,260 1
2010£148,500 £2,912 1
2009£147,000 £2,722 1
2008£322,0001
2007£164,500 £2,979 2
2006£184,975 £3,130 2
2004£134,000 £2,622 1
2002£118,500 £1,685 2
2001£122,0001
2000£83,000 £1,660 1
1998£53,475 £986 2
1996£55,725 £869 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£383,875 £4,770 4
2021£367,500 £4,163 3
2020£463,000 £3,927 2
2019£360,000 £4,225 2
2018£434,600 £3,711 2
2017£400,500 £4,330 3
2016£340,614 £3,950 7
2015£311,725 £5,688 2
2014£335,000 £3,277 2
2013£250,000 £3,378 1
2012£250,200 £2,668 5
2011£225,000 £2,643 1
2010£317,000 £2,365 2
2008£279,000 £2,700 3
2007£251,658 £2,315 6
2006£236,000 £2,359 2
2004£197,000 £1,600 1
2003£189,975 £1,364 2
2002£143,492 £1,944 6
2001£143,500 £1,747 2
2000£129,647 £1,475 4
1999£69,000 £1,136 1
1998£93,500 £1,206 2
1997£80,000 £599 2
1996£68,000 £1,452 2
1995£50,000 £823 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£10,250,0001
2020£26,399,6072
2019£7,800,0001
2018£11,625,0002
2017£368,3333
2016£250,0001
2013£310,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£406,0001
2016£345,0001
2005£360,0001
2001£93,0001
2000£69,0001
1997£170,0001
1996£44,5001

House Type in RH1 5HW area

The most common house types in the RH1 5HW postcode area are temporary structure (70), Semi-detached (36), and Detached (5).

Total115
temporary structure70
Semi-detached36
Detached5
Terraced4
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (27).

Owned: Owns outright80
Owned: Owns with a mortgage or loan27
Private rented: Private landlord or letting agency4
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the RH1 5HW have 1 person in household (55), and 2 people in household (39).

1 person in household55
2 people in household39
3 people in household12
4 people in household6
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0