Housing Market Analysis for SPENCER WAY, RH1 5LY

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £244,571 median price is £220,000 Standard Deviation is £79,460 with Total Sold: 7
    • The Last 5 Year average price is £323,333 with Total Sold: 3
    • The most recent sale happened at this postcode is 10 SPENCER WAY: £340,000 (Sold on 17 Feb 2022)
    • The first recorded sale happened at this postcode is 4 SPENCER WAY: £102,000 (Sold on 29 Mar 2004)
  • Detached
    • The average price is around £254,975 median price is £254,975 Standard Deviation is £40,025 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 SPENCER WAY: £295,000 (Sold on 31 Oct 2005)
    • The first recorded sale happened at this postcode is 2 SPENCER WAY: £214,950 (Sold on 15 Oct 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average RH1 5LY 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£340,000 £3,820 1
2021£345,000 £3,876 1
2019£285,000 £3,314 1
2010£215,000 £2,410 1
2008£205,000 £2,303 1
2007£220,000 £2,444 1
2004£102,000 £1,133 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£295,0001
1999£214,9501

All the Sales in the SPENCER WAY, RH1 5LY

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

AddressSold DatePrice% Change
10 SPENCER WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-197517 Feb 2022£340,000First Sale
16 SPENCER WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1976-198227 Sep 2021£345,00068.29%
23 May 2008£205,000First Sale
6 SPENCER WAYTerraced, FreeholdArea: 86 Sq.mtrAge: 1976-198227 Aug 2019£285,000First Sale
4 SPENCER WAYTerraced, FreeholdArea: 89.2 Sq.mtrAge: 1976-198214 Sep 2010£215,000-2.27%
04 Dec 2007£220,000115.69%
29 Mar 2004£102,000First Sale
2 SPENCER WAYDetached, Freehold31 Oct 2005£295,00037.24%
15 Oct 1999£214,950First Sale

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

SPENCER WAY, RH1 5LY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £191,538 median price is £179,950 Standard Deviation is £102,018 with Total Sold: 502
    • The Last 5 Year average price is £350,404 with Total Sold: 71
    • 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 £135,543 median price is £139,975 Standard Deviation is £71,534 with Total Sold: 146
    • The Last 5 Year average price is £232,625 with Total Sold: 12
    • 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)
  • Semi-Detached
    • The average price is around £207,848 median price is £195,000 Standard Deviation is £109,072 with Total Sold: 243
    • The Last 5 Year average price is £397,432 with Total Sold: 22
    • The most recent sale happened at this postcode is , 58 MASONS BRIDGE ROAD: £340,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 104 PRINCE ALBERT SQUARE: £70,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £280,213 median price is £240,000 Standard Deviation is £192,853 with Total Sold: 105
    • The Last 5 Year average price is £493,750 with Total Sold: 12
    • The most recent sale happened at this postcode is , 9 JORDANS CLOSE: £485,000 (Sold on 21 Aug 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 £252,983 median price is £290,950 Standard Deviation is £183,240 with Total Sold: 3
    • The Last 5 Year average price is £373,475 with Total Sold: 2
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£393,750 £4,928 4
2023£388,000 £5,146 10
2022£350,639 £4,782 18
2021£345,404 £4,656 19
2020£352,938 £4,351 8
2019£310,500 £3,793 12
2018£310,125 £4,210 18
2017£310,566 £4,185 19
2016£316,188 £4,063 16
2015£273,234 £3,839 19
2014£233,167 £3,229 12
2013£212,929 £2,740 7
2012£203,179 £2,856 14
2011£198,125 £2,576 8
2010£205,054 £2,702 12
2009£176,994 £2,512 9
2008£194,947 £2,663 15
2007£198,310 £2,469 21
2006£193,402 £2,272 20
2005£185,934 £2,424 16
2004£158,096 £2,117 23
2003£163,579 £2,357 17
2002£139,814 £1,814 22
2001£119,039 £1,474 23
2000£101,240 £1,396 20
1999£86,874 £1,140 25
1998£77,907 £1,068 23
1997£68,814 £980 32
1996£61,625 £853 22
1995£58,861 £812 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£278,333 £4,463 3
2022£218,125 £3,653 4
2021£241,000 £3,527 3
2020£181,000 £4,209 1
2018£223,500 £4,543 6
2017£223,333 £3,743 3
2016£233,188 £4,167 8
2015£198,812 £3,773 12
2014£169,500 £3,295 4
2013£154,975 £2,769 2
2012£138,750 £3,917 4
2011£141,500 £2,388 3
2010£115,000 £2,505 1
2009£143,000 £2,033 4
2008£154,362 £2,741 4
2007£157,333 £2,559 6
2006£138,817 £2,247 6
2005£156,636 £1,955 7
2004£131,167 £2,335 6
2003£116,492 £2,436 6
2002£99,950 £2,173 1
2001£80,211 £1,430 9
2000£71,104 £1,264 11
1999£71,817 £1,577 3
1998£47,786 £901 7
1997£49,740 £617 10
1996£42,717 £605 9
1995£34,250 £815 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£402,750 £5,285 4
2022£368,500 £5,608 2
2021£426,071 £4,790 7
2020£407,200 £5,078 5
2019£344,250 £4,505 4
2018£358,300 £4,619 4
2017£386,100 £4,940 5
2016£407,679 £4,634 7
2015£322,062 £3,946 8
2014£321,875 £3,457 8
2013£223,000 £3,002 4
2012£229,625 £2,722 4
2011£233,992 £2,997 6
2010£216,750 £2,838 6
2009£216,000 £2,770 2
2008£219,400 £3,189 5
2007£239,991 £3,042 11
2006£225,906 £2,614 17
2005£204,5676
2004£209,417 £2,802 12
2003£189,412 £2,202 12
2002£166,164 £1,923 18
2001£136,548 £1,697 20
2000£123,828 £1,589 9
1999£105,196 £1,237 14
1998£100,395 £1,059 10
1997£89,161 £998 9
1996£78,346 £978 13
1995£65,727 £907 11
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£485,000 £5,105 1
2022£545,000 £4,809 4
2021£483,250 £4,331 4
2020£447,500 £4,267 2
2019£432,000 £5,538 1
2018£570,000 £3,800 1
2017£425,800 £3,978 5
2016£423,750 £4,559 2
2015£415,000 £3,846 3
2014£440,000 £3,356 1
2013£705,000 £3,132 3
2012£244,600 £2,662 5
2010£233,590 £2,355 5
2009£202,500 £2,596 1
2008£287,500 £2,228 2
2007£287,000 £2,535 4
2006£264,490 £2,824 5
2005£264,983 £2,945 3
2004£235,000 £2,373 7
2003£239,619 £2,072 8
2002£189,900 £1,939 5
2001£173,688 £1,582 4
2000£431,000 £1,354 2
1999£188,290 £1,427 5
1998£137,317 £1,279 9
1997£123,278 £1,316 9
1996£86,000 £1,218 3
1995£104,000 £1,143 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£456,000 £5,700 1
2019£290,950 £5,705 1
2017£12,000 £182 1

House Type in RH1 5LY area

The most common house types in the RH1 5LY postcode area are Terraced (53), Flat (44), and Semi-detached (20).

Total130
Terraced53
Flat44
Semi-detached20
Detached13
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (46), and Owned: Owns outright (31).

Social rented: Other social rented46
Owned: Owns outright31
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority9
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the RH1 5LY have 2 people in household (51), and 1 person in household (37).

2 people in household51
1 person in household37
3 people in household30
4 people in household10
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0