Housing Market Analysis for SPENCER WAY, RH1 5LZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £176,793 median price is £174,000 Standard Deviation is £106,057 with Total Sold: 15
    • The Last 5 Year average price is £295,000 with Total Sold: 4
    • The most recent sale happened at this postcode is 24 SPENCER WAY: £260,000 (Sold on 26 Jul 2022)
    • The first recorded sale happened at this postcode is 44 SPENCER WAY: £54,500 (Sold on 02 May 1995)
  • Flat
    • The average price is around £77,950 median price is £77,950 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 28 SPENCER WAY: £77,950 (Sold on 11 Apr 1997)
    • The first recorded sale happened at this postcode is 28 SPENCER WAY: £77,950 (Sold on 11 Apr 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average RH1 5LZ 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£295,000 £3,872 2
2019£295,000 £3,558 2
2016£295,000 £3,348 1
2015£265,000 £3,442 1
2014£250,000 £2,837 1
2007£174,000 £2,260 1
2001£113,500 £1,455 1
1998£75,250 £882 2
1997£59,250 £769 1
1995£54,883 £699 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£77,9501

All the Sales in the SPENCER WAY, RH1 5LZ

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

AddressSold DatePrice% Change
24 SPENCER WAYTerraced, FreeholdArea: 74 Sq.mtrAge: 1976-198226 Jul 2022£260,000First Sale
44 SPENCER WAYTerraced, FreeholdArea: 78 Sq.mtrAge: 1976-198215 Jul 2022£330,00015.79%
27 Jun 2019£285,000151.10%
13 Sep 2001£113,500108.26%
02 May 1995£54,500First Sale
18 SPENCER WAYTerraced, FreeholdArea: 88.11 Sq.mtrAge: 1967-197502 Aug 2019£305,0003.39%
28 Oct 2016£295,00018.00%
01 Aug 2014£250,000First Sale
46 SPENCER WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1976-198212 Oct 2015£265,00052.30%
04 Jul 2007£174,000First Sale
48 SPENCER WAYTerraced, Freehold23 Oct 1998£72,00026.32%
21 Sep 1995£57,000First Sale
32 SPENCER WAYTerraced, FreeholdArea: 89 Sq.mtrAge: 1967-197505 Jun 1998£78,500First Sale
40 SPENCER WAYTerraced, FreeholdArea: 77 Sq.mtrAge: 1967-197509 Jul 1997£59,250First Sale
28 SPENCER WAYFlat, Leasehold11 Apr 1997£77,95046.66%
14 Jun 1995£53,150First Sale

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

SPENCER WAY, RH1 5LZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £192,350 median price is £180,000 Standard Deviation is £102,674 with Total Sold: 561
    • The Last 5 Year average price is £355,316 with Total Sold: 78
    • 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)
  • Semi-Detached
    • The average price is around £225,546 median price is £212,500 Standard Deviation is £118,719 with Total Sold: 409
    • The Last 5 Year average price is £416,367 with Total Sold: 49
    • The most recent sale happened at this postcode is , 11 BROOKFIELD CLOSE: £485,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 104 PRINCE ALBERT SQUARE: £70,000 (Sold on 20 Jan 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)
  • Detached
    • The average price is around £289,508 median price is £250,000 Standard Deviation is £176,279 with Total Sold: 160
    • The Last 5 Year average price is £506,676 with Total Sold: 17
    • 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 £305,590 median price is £290,950 Standard Deviation is £175,499 with Total Sold: 5
    • The Last 5 Year average price is £378,988 with Total Sold: 4
    • 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£395,727 £5,454 11
2022£362,214 £4,810 21
2021£346,034 £4,737 20
2020£352,938 £4,351 8
2019£316,857 £3,995 14
2018£313,488 £4,235 20
2017£306,038 £4,185 20
2016£319,000 £4,059 17
2015£273,234 £3,839 19
2014£240,429 £3,262 14
2013£212,929 £2,740 7
2012£206,531 £3,033 16
2011£201,850 £2,596 10
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£167,925 £2,424 22
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£76,015 £1,047 24
1997£69,571 £979 36
1996£61,625 £853 22
1995£58,921 £812 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£401,375 £5,487 8
2022£444,444 £5,521 9
2021£423,214 £4,910 14
2020£423,818 £4,737 11
2019£353,167 £4,426 6
2018£411,570 £4,155 10
2017£392,875 £4,523 8
2016£409,306 £4,707 9
2015£335,038 £3,924 13
2014£321,727 £3,413 11
2013£270,661 £2,932 9
2012£244,611 £2,871 9
2011£261,072 £3,011 16
2010£225,814 £2,824 11
2009£248,333 £2,636 3
2008£239,000 £2,975 8
2007£248,869 £3,080 16
2006£233,458 £2,641 26
2005£195,740 £1,962 10
2004£211,950 £2,820 20
2003£192,059 £2,271 16
2002£172,746 £1,989 26
2001£144,787 £1,661 31
2000£130,197 £1,557 17
1999£115,506 £1,238 24
1998£102,241 £1,060 16
1997£94,627 £1,000 15
1996£78,762 £915 16
1995£72,600 £845 20
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£558,333 £4,547 3
2022£545,000 £4,809 4
2021£505,100 £4,453 5
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£372,750 £3,377 6
2013£418,556 £3,095 9
2012£268,000 £2,760 6
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£274,408 £2,442 6
2005£294,490 £2,392 5
2004£263,960 £2,467 10
2003£257,381 £2,176 13
2002£203,917 £1,939 6
2001£184,969 £1,700 8
2000£349,167 £1,390 3
1999£182,908 £1,427 6
1998£144,988 £1,359 12
1997£121,951 £1,146 15
1996£96,700 £1,105 5
1995£104,000 £1,143 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£456,000 £5,700 1
2020£384,500 £3,850 2
2019£290,950 £5,705 1
2017£12,000 £182 1

House Type in RH1 5LZ area

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

Total127
Terraced55
Flat33
Detached26
Semi-detached11
commercial building2
Shared house0
converted building0
temporary structure0

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 loan47
Owned: Owns outright37
Social rented: Other social rented29
Private rented: Private landlord or letting agency6
Social rented: Rents from council or Local Authority4
Shared ownership: Shared ownership2
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

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

1 person in household35
2 people in household34
4 people in household30
3 people in household17
5 people in household7
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0