Housing Market Analysis for SPENCER WAY, RH1 5LS

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

Overview of Sold House prices

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

Terraced
- The average price is around £206,121 median price is £209,000 Standard Deviation is £96,367 with Total Sold: 30
- The Last 5 Year average price is £352,170 with Total Sold: 4
- The most recent sale happened at this postcode is 12 RATHGAR CLOSE: £416,000 (Sold on 20 Jan 2023)
- The first recorded sale happened at this postcode is 34 RATHGAR CLOSE: £69,500 (Sold on 07 Mar 1997)
Flat
- The average price is around £124,000 median price is £124,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 20 RATHGAR CLOSE: £124,000 (Sold on 23 Nov 2006)
- The first recorded sale happened at this postcode is 20 RATHGAR CLOSE: £124,000 (Sold on 23 Nov 2006)
Semi-Detached
- The average price is around £92,375 median price is £88,000 Standard Deviation is £33,772 with Total Sold: 4
- The most recent sale happened at this postcode is 53 SPENCER WAY: £141,500 (Sold on 08 Aug 2003)
- The first recorded sale happened at this postcode is 53 SPENCER WAY: £52,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RH1 5LS 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	£416,000	£4,522	1
2021	£329,589	£3,544	2
2020	£333,500	£3,924	1
2017	£309,500	£3,465	2
2016	£301,333	£2,914	3
2015	£265,000	£2,732	1
2014	£243,000	£2,859	1
2012	£191,000	£2,186	2
2008	£219,500	£2,583	2
2007	£206,000	£2,215	1
2006	£201,750	£2,002	2
2005	£180,000	£1,856	1
2004	£132,750	£2,120	2
2002	£169,950	£1,847	1
2001	£135,000	£1,452	1
2000	£96,500	£1,027	1
1999	£78,250	£868	4
1997	£76,750	£840	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£124,000	£2,305	1

House Type: Semi-Detached

Year	Avg. Price	Sold
2003	£141,500	1
2001	£103,500	1
1999	£72,500	1
1995	£52,000	1

All the Sales in the SPENCER WAY, RH1 5LS

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

Address	Sold Date	Price	% Change
12 RATHGAR CLOSETerraced, FreeholdArea: 92 Sq.mtrAge: 1976-1982	20 Jan 2023	£416,000	144.78%
	25 Oct 2002	£169,950	First Sale
52 RATHGAR CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	05 Nov 2021	£320,000	8.47%
	23 Mar 2016	£295,000	0.0
	22 Jan 2016	£295,000	118.52%
	18 Oct 2001	£135,000	First Sale
16 RATHGAR CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	31 Mar 2021	£339,178	First Sale
36 RATHGAR CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1950-1966	05 Nov 2020	£333,500	37.24%
	12 Jun 2014	£243,000	11.98%
	10 Apr 2008	£217,000	First Sale
64 RATHGAR CLOSETerraced, FreeholdArea: 94 Sq.mtrAge: 1976-1982	17 Nov 2017	£312,000	223.32%
	03 Feb 2000	£96,500	First Sale
14 RATHGAR CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	23 Jan 2017	£307,000	First Sale
62 RATHGAR CLOSETerraced, FreeholdArea: 131 Sq.mtrAge: 1967-1975	10 Oct 2016	£314,000	66.58%
	11 Aug 2006	£188,500	98.42%
	10 Dec 1999	£95,000	First Sale
66 RATHGAR CLOSETerraced, FreeholdArea: 97 Sq.mtrAge: 1967-1975	11 Sep 2015	£265,000	25.00%
	22 Aug 2012	£212,000	17.78%
	29 Sep 2005	£180,000	First Sale
53 SPENCER WAYTerraced, Freehold	04 Dec 2012	£170,000	20.14%
	08 Aug 2003	£141,500	36.71%
	07 Mar 2001	£103,500	42.76%
	03 Sep 1999	£72,500	39.42%
	17 Mar 1995	£52,000	First Sale
10 RATHGAR CLOSETerraced, Freehold	22 Feb 2008	£222,000	39.18%
10 RATHGAR CLOSETerraced, Freehold	23 Jul 2004	£159,500	First Sale
56 RATHGAR CLOSETerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	31 Aug 2007	£206,000	123.91%
	20 Dec 1999	£92,000	First Sale
20 RATHGAR CLOSEFlat, LeaseholdArea: 53.805 Sq.mtrAge: 1967-1975	23 Nov 2006	£124,000	First Sale
46 RATHGAR CLOSETerraced, FreeholdArea: 110 Sq.mtrAge: 1967-1975	13 Oct 2006	£215,000	First Sale
28 RATHGAR CLOSETerraced, LeaseholdArea: 50 Sq.mtrAge: 1950-1966	02 Feb 2004	£106,000	140.91%
	26 Feb 1999	£44,000	First Sale
34 RATHGAR CLOSETerraced, Freehold	12 May 1999	£82,000	17.99%
34 RATHGAR CLOSETerraced, Freehold	07 Mar 1997	£69,500	First Sale
48 RATHGAR CLOSETerraced, FreeholdArea: 100 Sq.mtrAge: 1950-1966	05 Dec 1997	£84,000	First Sale

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

SPENCER WAY, RH1 5LS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £229,647 median price is £215,000 Standard Deviation is £124,404 with Total Sold: 672
- The Last 5 Year average price is £418,025 with Total Sold: 102
- 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 , 19A TOLLGATE AVENUE: £114,500 (Sold on 09 Jan 1995)
Terraced
- The average price is around £197,013 median price is £185,000 Standard Deviation is £104,062 with Total Sold: 615
- The Last 5 Year average price is £358,326 with Total Sold: 88
- 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 , 8 PETRIDGE ROAD: £70,000 (Sold on 22 Feb 1995)
Flat
- The average price is around £139,308 median price is £139,950 Standard Deviation is £72,277 with Total Sold: 241
- The Last 5 Year average price is £226,413 with Total Sold: 23
- 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 , 76 HORLEY ROAD: £39,000 (Sold on 01 Jun 1995)
Detached
- The average price is around £291,519 median price is £250,000 Standard Deviation is £178,653 with Total Sold: 195
- The Last 5 Year average price is £513,043 with Total Sold: 23
- 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 , 39 TOLLGATE AVENUE: £108,500 (Sold on 21 Apr 1995)
Other
- The average price is around £3,107,407 median price is £456,000 Standard Deviation is £5,099,278 with Total Sold: 15
- The Last 5 Year average price is £3,827,101 with Total Sold: 11
- 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	£517,500		4
2023	£427,333	£5,190	21
2022	£455,763	£5,451	19
2021	£415,100	£4,804	25
2020	£390,211	£4,614	19
2019	£367,393	£4,265	14
2018	£385,039	£4,116	18
2017	£386,733	£4,363	15
2016	£395,483	£4,387	15
2015	£323,052	£3,750	22
2014	£316,111	£3,292	18
2013	£258,775	£3,032	18
2012	£241,246	£2,842	14
2011	£255,758	£3,009	20
2010	£223,403	£2,748	16
2009	£229,062	£2,564	8
2008	£233,615	£2,924	13
2007	£243,973	£2,999	26
2006	£232,383	£2,639	35
2005	£197,993	£2,083	15
2004	£212,214	£2,713	28
2003	£193,145	£2,268	30
2002	£169,330	£2,001	32
2001	£141,353	£1,640	38
2000	£133,338	£1,585	26
1999	£114,553	£1,323	50
1998	£97,852	£1,104	24
1997	£89,648	£928	26
1996	£75,878	£926	32
1995	£75,942	£905	31

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£393,750	£4,928	4
2023	£395,727	£5,454	11
2022	£363,932	£4,816	22
2021	£352,947	£4,691	25
2020	£360,318	£4,265	11
2019	£320,733	£4,012	15
2018	£314,036	£4,225	21
2017	£306,038	£4,185	20
2016	£322,889	£4,082	18
2015	£278,911	£3,770	23
2014	£240,429	£3,262	14
2013	£251,509	£2,979	22
2012	£210,528	£2,999	18
2011	£196,227	£2,596	11
2010	£203,243	£2,589	15
2009	£176,994	£2,512	9
2008	£198,482	£2,663	17
2007	£200,188	£2,484	24
2006	£192,185	£2,251	30
2005	£181,260	£2,336	21
2004	£164,107	£2,132	30
2003	£169,931	£2,424	24
2002	£135,909	£1,772	23
2001	£118,657	£1,538	28
2000	£98,355	£1,354	22
1999	£87,081	£1,162	29
1998	£76,454	£1,047	25
1997	£70,168	£979	39
1996	£61,323	£846	24
1995	£59,475	£812	20

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,000		1
2023	£278,333	£4,463	3
2022	£241,562	£3,841	8
2021	£232,625	£3,775	8
2020	£154,500	£3,385	2
2019	£90,000	£2,571	1
2018	£225,389	£4,379	9
2017	£255,850	£3,853	6
2016	£238,389	£4,118	9
2015	£194,938	£3,697	20
2014	£156,606	£3,152	9
2013	£187,147	£2,929	16
2012	£134,500	£3,736	5
2011	£139,250	£2,426	4
2010	£111,000	£2,625	2
2009	£142,083	£2,057	6
2008	£137,075	£2,815	6
2007	£154,500	£2,563	10
2006	£134,725	£2,368	8
2005	£150,328	£2,076	9
2004	£125,318	£2,548	11
2003	£118,931	£2,414	8
2002	£97,780	£2,079	5
2001	£80,393	£1,558	15
2000	£72,310	£1,280	15
1999	£62,421	£1,426	7
1998	£46,333	£932	9
1997	£47,118	£776	16
1996	£42,720	£636	10
1995	£35,833	£674	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£527,500	£4,543	4
2022	£545,000	£4,809	4
2021	£527,700	£4,624	10
2020	£447,500	£4,267	2
2019	£446,000	£4,776	3
2018	£548,333	£4,277	3
2017	£454,833	£4,072	6
2016	£477,917	£4,679	6
2015	£426,714	£3,664	7
2014	£378,429	£3,489	7
2013	£393,359	£2,852	11
2012	£268,000	£2,760	6
2011	£270,000	£2,947	2
2010	£233,590	£2,355	5
2009	£202,500	£2,596	1
2008	£299,375	£2,508	4
2007	£325,083	£2,836	6
2006	£272,494	£2,313	9
2005	£302,408	£2,392	6
2004	£259,964	£2,480	11
2003	£252,354	£2,176	14
2002	£203,917	£1,939	6
2001	£177,175	£1,750	10
2000	£293,875	£1,420	4
1999	£173,921	£1,356	7
1998	£147,990	£1,365	15
1997	£122,454	£1,136	16
1996	£91,995	£964	8
1995	£106,250	£994	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£456,000	£5,700	1
2022	£15,629,330		2
2020	£371,250	£3,752	4
2019	£2,224,612	£5,705	4
2018	£1,000		1
2017	£1,504,000	£182	3

House Type in RH1 5LS area

The most common house types in the RH1 5LS postcode area are Terraced (68), Flat (40), and Semi-detached (16).

Total	126
Terraced	68
Flat	40
Semi-detached	16
Detached	2
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 Social rented: Other social rented (51), and Owned: Owns with a mortgage or loan (27).

Social rented: Other social rented	51
Owned: Owns with a mortgage or loan	27
Owned: Owns outright	26
Private rented: Private landlord or letting agency	11
Social rented: Rents from council or Local Authority	9
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the RH1 5LS have 1 person in household (42), and 2 people in household (30).

1 person in household	42
2 people in household	30
3 people in household	20
4 people in household	17
5 people in household	12
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0