Housing Market Analysis for SPENCER WAY, RH1 5LF

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

Overview of Sold House prices

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

Terraced
- The average price is around £188,998 median price is £172,000 Standard Deviation is £96,287 with Total Sold: 22
- The Last 5 Year average price is £330,000 with Total Sold: 4
- The most recent sale happened at this postcode is 53 SPENCER WAY: £345,000 (Sold on 19 Oct 2023)
- The first recorded sale happened at this postcode is 59 SPENCER WAY: £73,000 (Sold on 29 Jul 1996)
Detached
- The average price is around £225,935 median price is £225,000 Standard Deviation is £96,254 with Total Sold: 23
- The Last 5 Year average price is £455,000 with Total Sold: 1
- The most recent sale happened at this postcode is 43 SPENCER WAY: £455,000 (Sold on 19 Dec 2022)
- The first recorded sale happened at this postcode is 45 SPENCER WAY: £80,000 (Sold on 23 Aug 1996)
Semi-Detached
- The average price is around £199,821 median price is £140,000 Standard Deviation is £119,048 with Total Sold: 17
- The Last 5 Year average price is £364,167 with Total Sold: 3
- The most recent sale happened at this postcode is 47 SPENCER WAY: £290,000 (Sold on 28 Jan 2022)
- The first recorded sale happened at this postcode is 49 SPENCER WAY: £54,000 (Sold on 30 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RH1 5LF 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	£345,000	£6,394	2
2022	£280,000	£5,385	1
2020	£350,000	£4,167	1
2018	£287,500	£4,228	1
2017	£286,500	£5,410	2
2015	£250,000	£4,633	1
2014	£95,000	£1,284	1
2012	£192,000	£2,972	1
2010	£174,000	£3,225	1
2009	£170,000	£3,269	1
2007	£185,000	£2,864	1
2004	£155,000	£2,582	1
2002	£130,650	£2,092	3
1999	£78,750	£1,390	2
1997	£67,000	£1,135	2
1996	£73,000	£869	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£455,000	£4,946	1
2017	£450,000	£4,286	1
2015	£382,000	£4,548	1
2013	£245,000	£3,132	2
2012	£245,000	£1,825	1
2010	£245,000	£3,053	1
2007	£286,000	£2,724	1
2006	£268,000		1
2005	£250,000	£3,049	1
2004	£240,000	£2,857	1
2003	£206,333	£2,276	3
2001	£149,000	£1,630	2
1999	£150,500	£1,394	1
1998	£225,000	£938	1
1997	£128,250	£1,243	4
1996	£80,000	£997	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£290,000	£5,273	1
2021	£485,000	£3,849	1
2019	£317,500	£4,601	1
2018	£355,000	£4,733	1
2016	£300,000	£5,455	1
2008	£294,000		1
2007	£249,950	£1,984	1
2001	£140,833	£1,716	3
1999	£114,500	£1,290	2
1998	£119,500		1
1997	£107,000	£849	1
1996	£86,750	£1,000	2
1995	£54,000		1

All the Sales in the SPENCER WAY, RH1 5LF

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

Address	Sold Date	Price	% Change
53 SPENCER WAYTerraced, FreeholdArea: 53.96 Sq.mtrAge: 1976-1982	19 Oct 2023	£345,000	0.0
	19 Oct 2023	£345,000	First Sale
43 SPENCER WAYDetached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	19 Dec 2022	£455,000	121.95%
	05 Sep 2003	£205,000	36.67%
	27 Apr 2001	£150,000	First Sale
55 SPENCER WAYTerraced, FreeholdArea: 52 Sq.mtrAge: 1983-1990	06 Apr 2022	£280,000	-2.44%
	10 Feb 2017	£287,000	68.82%
	19 Nov 2009	£170,000	188.14%
	27 Mar 1997	£59,000	First Sale
47 SPENCER WAYSemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1976-1982	28 Jan 2022	£290,000	-3.33%
	27 Oct 2016	£300,000	160.87%
	07 Nov 2001	£115,000	88.52%
	06 Dec 1996	£61,000	First Sale
5 SPENCER WAYSemi-Detached, FreeholdArea: 126 Sq.mtrAge: 1950-1966	29 Jun 2021	£485,000	94.04%
	16 Mar 2007	£249,950	37.34%
	07 Nov 2001	£182,000	70.09%
	28 Feb 1997	£107,000	First Sale
59 SPENCER WAYTerraced, FreeholdArea: 84 Sq.mtrAge: 1983-1990	23 Oct 2020	£350,000	379.45%
	29 Jul 1996	£73,000	First Sale
73 SPENCER WAYSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1976-1982	14 May 2019	£317,500	152.99%
	10 Aug 2001	£125,500	41.01%
	29 Jan 1999	£89,000	First Sale
11 SPENCER WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1967-1975	26 Sep 2018	£355,000	First Sale
65 SPENCER WAYTerraced, FreeholdArea: 68 Sq.mtrAge: 1976-1982	29 Jun 2018	£287,500	First Sale
35 SPENCER WAYDetached, FreeholdArea: 105 Sq.mtrAge: 1976-1982	24 Jul 2017	£450,000	57.34%
	15 Mar 2007	£286,000	First Sale
51 SPENCER WAYTerraced, FreeholdArea: 53.96 Sq.mtrAge: 1967-1975	01 Jun 2017	£286,000	14.40%
	06 Nov 2015	£250,000	43.68%
	26 Feb 2010	£174,000	12.26%
	09 Sep 2004	£155,000	10.75%
	29 Nov 2002	£139,950	13.78%
	04 Jul 2002	£123,000	64.00%
	10 Sep 1999	£75,000	First Sale
15 SPENCER WAYDetached, FreeholdArea: 84 Sq.mtrAge: 1996-2002	10 Dec 2015	£382,000	59.17%
	29 Apr 2004	£240,000	88.24%
	11 Jul 1997	£127,500	First Sale
71 SPENCER WAYTerraced, LeaseholdArea: 74 Sq.mtrAge: 1976-1982	14 Feb 2014	£95,000	First Sale
29 SPENCER WAYDetached, FreeholdArea: 84 Sq.mtrAge: 1976-1982	21 Oct 2013	£250,000	First Sale
33 SPENCER WAYDetached, FreeholdArea: 73 Sq.mtrAge: 1976-1982	15 Feb 2013	£240,000	First Sale
69 SPENCER WAYTerraced, FreeholdArea: 64.6 Sq.mtrAge: 1967-1975	01 Aug 2012	£192,000	3.78%
	31 Jan 2007	£185,000	First Sale
13 SPENCER WAYDetached, FreeholdArea: 134.22 Sq.mtrAge: 1996-2002	11 Jan 2012	£245,000	88.46%
	28 Nov 1997	£130,000	First Sale
45 SPENCER WAYDetached, FreeholdArea: 80.24 Sq.mtr	14 Jul 2010	£245,000	25.00%
	15 Aug 2003	£196,000	145.00%
	23 Aug 1996	£80,000	First Sale
9 SPENCER WAYSemi-Detached, Freehold	15 Feb 2008	£294,000	First Sale
19 SPENCER WAYDetached, Freehold	29 Sep 2006	£268,000	109.38%
19 SPENCER WAYDetached, Freehold	31 Jul 1997	£128,000	First Sale
1 SPENCER WAYDetached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	02 Dec 2005	£250,000	First Sale
21 SPENCER WAYDetached, FreeholdArea: 101 Sq.mtrAge: 1976-1982	08 Oct 2003	£218,000	44.85%
	03 Aug 1999	£150,500	First Sale
63 SPENCER WAYTerraced, FreeholdArea: 68 Sq.mtrAge: 1967-1975	30 May 2002	£129,000	First Sale
31 SPENCER WAYDetached, Freehold	04 Oct 2001	£148,000	First Sale
3 SPENCER WAYSemi-Detached, Freehold	22 Dec 1999	£140,000	17.15%
3 SPENCER WAYSemi-Detached, Freehold	12 Aug 1998	£119,500	First Sale
57 SPENCER WAYTerraced, Freehold	15 Dec 1999	£82,500	10.00%
57 SPENCER WAYTerraced, Freehold	19 Nov 1997	£75,000	First Sale
1A SPENCER WAYDetached, FreeholdArea: 240 Sq.mtrAge: 1967-1975	31 Mar 1998	£225,000	First Sale
17 SPENCER WAYDetached, Freehold	05 Sep 1997	£127,500	First Sale
7 SPENCER WAYSemi-Detached, Freehold	19 Dec 1996	£112,500	First Sale
49 SPENCER WAYSemi-Detached, Freehold	30 Jan 1995	£54,000	First Sale

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

SPENCER WAY, RH1 5LF Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £232,255 median price is £218,750 Standard Deviation is £120,626 with Total Sold: 538
- The Last 5 Year average price is £414,968 with Total Sold: 78
- The most recent sale happened at this postcode is , 10 WEST AVENUE: £535,000 (Sold on 19 Aug 2024)
- The first recorded sale happened at this postcode is , 104 PRINCE ALBERT SQUARE: £70,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £194,210 median price is £182,500 Standard Deviation is £103,451 with Total Sold: 575
- The Last 5 Year average price is £355,960 with Total Sold: 83
- The most recent sale happened at this postcode is , 160 PRINCE ALBERT SQUARE: £450,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 110 BUSHFIELD DRIVE: £53,500 (Sold on 12 Apr 1995)
Flat
- The average price is around £130,241 median price is £128,000 Standard Deviation is £67,036 with Total Sold: 188
- The Last 5 Year average price is £227,821 with Total Sold: 14
- The most recent sale happened at this postcode is FLAT 2, LAWRENCE HOUSE DENTON CLOSE: £180,000 (Sold on 13 Mar 2024)
- The first recorded sale happened at this postcode is , 25 GRANTWOOD CLOSE: £37,500 (Sold on 31 Aug 1995)
Detached
- The average price is around £288,507 median price is £249,975 Standard Deviation is £176,458 with Total Sold: 172
- The Last 5 Year average price is £514,763 with Total Sold: 19
- The most recent sale happened at this postcode is , 19 HILLFORD PLACE: £675,000 (Sold on 18 Dec 2023)
- The first recorded sale happened at this postcode is , 8 HILLFORD PLACE: £104,000 (Sold on 21 Sep 1995)
Other
- The average price is around £3,544,432 median price is £512,000 Standard Deviation is £5,345,098 with Total Sold: 13
- The Last 5 Year average price is £4,618,290 with Total Sold: 9
- The most recent sale happened at this postcode is , 11 IVYDENE CLOSE: £456,000 (Sold on 28 Jul 2023)
- The first recorded sale happened at this postcode is , 74 MASONS BRIDGE ROAD: £12,000 (Sold on 20 Jan 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£507,000	£6,389	5
2023	£418,857	£5,242	14
2022	£442,857	£5,619	14
2021	£419,441	£4,912	17
2020	£405,731	£4,686	13
2019	£357,567	£4,456	15
2018	£377,041	£4,247	17
2017	£378,909	£4,360	11
2016	£383,827	£4,500	13
2015	£331,055	£3,819	22
2014	£324,917	£3,347	12
2013	£265,994	£3,125	16
2012	£241,750	£2,848	10
2011	£254,376	£2,983	19
2010	£221,091	£2,773	16
2009	£219,000	£2,642	5
2008	£235,700	£3,021	10
2007	£244,820	£3,031	20
2006	£235,889	£2,681	28
2005	£201,783	£2,107	12
2004	£216,920	£2,750	25
2003	£196,020	£2,225	22
2002	£170,910	£2,065	29
2001	£143,861	£1,695	33
2000	£135,115	£1,581	20
1999	£112,633	£1,278	38
1998	£102,132	£1,127	19
1997	£93,021	£971	19
1996	£79,210	£964	20
1995	£70,990	£870	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£393,750	£4,928	4
2023	£395,727	£5,454	11
2022	£362,214	£4,810	21
2021	£349,349	£4,704	22
2020	£351,350	£4,265	10
2019	£320,733	£4,012	15
2018	£313,488	£4,235	20
2017	£306,038	£4,185	20
2016	£322,889	£4,082	18
2015	£273,234	£3,839	19
2014	£240,429	£3,262	14
2013	£229,240	£2,833	10
2012	£209,971	£3,032	17
2011	£196,227	£2,596	11
2010	£205,281	£2,702	13
2009	£176,994	£2,512	9
2008	£198,482	£2,663	17
2007	£199,978	£2,503	23
2006	£194,463	£2,298	26
2005	£181,260	£2,336	21
2004	£161,415	£2,120	27
2003	£168,233	£2,424	23
2002	£135,909	£1,772	23
2001	£118,657	£1,538	28
2000	£98,355	£1,354	22
1999	£87,227	£1,171	28
1998	£76,454	£1,047	25
1997	£69,718	£979	37
1996	£61,625	£853	22
1995	£58,921	£812	19

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000		1
2023	£278,333	£4,463	3
2022	£218,125	£3,653	4
2021	£224,200	£3,619	5
2020	£181,000	£4,209	1
2018	£218,714	£4,415	7
2017	£223,333	£3,743	3
2016	£233,188	£4,167	8
2015	£189,683	£3,745	15
2014	£157,431	£3,182	8
2013	£143,650	£2,880	3
2012	£134,500	£3,736	5
2011	£139,250	£2,426	4
2010	£111,000	£2,625	2
2009	£140,000	£2,054	5
2008	£155,890	£2,815	5
2007	£155,500	£2,637	8
2006	£136,836	£2,368	7
2005	£150,328	£2,076	9
2004	£125,667	£2,548	9
2003	£113,779	£2,413	7
2002	£97,780	£2,079	5
2001	£80,992	£1,564	12
2000	£71,679	£1,300	12
1999	£68,325	£1,426	6
1998	£49,000	£932	8
1997	£47,278	£754	14
1996	£42,720	£636	10
1995	£34,250	£815	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£558,333	£4,547	3
2022	£545,000	£4,809	4
2021	£527,500	£4,449	7
2020	£447,500	£4,267	2
2019	£446,000	£4,776	3
2018	£548,333	£4,277	3
2017	£425,800	£3,978	5
2016	£444,375	£4,673	4
2015	£426,714	£3,664	7
2014	£378,429	£3,489	7
2013	£418,556	£3,095	9
2012	£268,000	£2,760	6
2011	£270,000	£2,724	1
2010	£233,590	£2,355	5
2009	£202,500	£2,596	1
2008	£287,500	£2,228	2
2007	£300,600	£2,673	5
2006	£273,779	£2,442	7
2005	£294,490	£2,392	5
2004	£255,175	£2,480	12
2003	£252,354	£2,176	14
2002	£199,779	£1,939	7
2001	£179,972	£1,690	9
2000	£293,875	£1,420	4
1999	£182,908	£1,427	6
1998	£144,988	£1,359	12
1997	£122,454	£1,136	16
1996	£96,700	£1,105	5
1995	£104,000	£1,143	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£456,000	£5,700	1
2022	£15,629,330		2
2020	£386,333	£3,425	3
2019	£2,896,983	£5,705	3
2018	£1,000		1
2017	£1,504,000	£182	3

House Type in RH1 5LF area

The most common house types in the RH1 5LF postcode area are Terraced (55), Flat (33), and Detached (26).

Total	127
Terraced	55
Flat	33
Detached	26
Semi-detached	11
commercial building	2
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 (47), and Owned: Owns outright (37).

Owned: Owns with a mortgage or loan	47
Owned: Owns outright	37
Social rented: Other social rented	29
Private rented: Private landlord or letting agency	6
Social rented: Rents from council or Local Authority	4
Shared ownership: Shared ownership	2
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the RH1 5LF have 1 person in household (35), and 2 people in household (34).

1 person in household	35
2 people in household	34
4 people in household	30
3 people in household	17
5 people in household	7
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0