Housing Market Analysis for PARK LANE EAST, RH2 8LW

Are you looking to understand RH2 8LW 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 RH2 8LW area, explore the RH2 8LW Area information page.
For comprehensive crime statistics in the RH2 8LW area, explore the RH2 8LW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RH2 8LW postcode area, The average prices are as follows,

Terraced
- The average price is around £237,876 median price is £229,500 Standard Deviation is £89,831 with Total Sold: 6
- The Last 5 Year average price is £274,630 with Total Sold: 2
- The most recent sale happened at this postcode is 108 PARK LANE EAST: £204,259 (Sold on 05 Oct 2023)
- The first recorded sale happened at this postcode is 108 PARK LANE EAST: £345,000 (Sold on 09 Feb 2024)
Semi-Detached
- The average price is around £207,000 median price is £188,750 Standard Deviation is £119,815 with Total Sold: 14
- The Last 5 Year average price is £432,500 with Total Sold: 2
- The most recent sale happened at this postcode is 112 PARK LANE EAST: £485,000 (Sold on 21 Aug 2023)
- The first recorded sale happened at this postcode is 114 PARK LANE EAST: £60,000 (Sold on 28 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average RH2 8LW 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	£204,259	£3,039	1
2018	£340,000	£3,542	1
2013	£229,000	£2,936	1
2012	£230,000	£2,505	1
1998	£79,000	£1,145	1
2024	£345,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£485,000	£5,449	1
2020	£380,000	£4,471	1
2016	£335,000	£4,467	1
2011	£250,000	£2,699	1
2009	£167,500	£1,882	1
2005	£218,750	£2,676	2
2004	£227,000	£2,671	1
2002	£142,000	£1,394	2
2000	£127,000	£1,494	1
1999	£80,000	£941	1
1995	£62,500	£707	2

All the Sales in the PARK LANE EAST, RH2 8LW

See the table below for more details on the sold house prices in the RH2 8LW, Reigate and Banstead postcode.

Address	Sold Date	Price	% Change
108 PARK LANE EASTTerraced, FreeholdArea: 67.22 Sq.mtrAge: 1950-1966	05 Oct 2023	£204,259	-40.79%
	09 Feb 2024	£345,000	First Sale
112 PARK LANE EASTSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	21 Aug 2023	£485,000	189.55%
	24 Jul 2009	£167,500	First Sale
114 PARK LANE EASTSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1950-1966	27 Feb 2020	£380,000	67.03%
	16 Dec 2005	£227,500	0.22%
	27 Aug 2004	£227,000	78.74%
	15 Sep 2000	£127,000	58.75%
	10 Nov 1999	£80,000	33.33%
	28 Mar 1995	£60,000	First Sale
120 PARK LANE EASTTerraced, FreeholdArea: 96 Sq.mtrAge: 1950-1966	09 Mar 2018	£340,000	First Sale
94 PARK LANE EASTSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	13 May 2016	£335,000	First Sale
104 PARK LANE EASTTerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	20 Sep 2013	£229,000	189.87%
	16 Jul 1998	£79,000	First Sale
116 PARK LANE EASTTerraced, FreeholdArea: 91.8 Sq.mtrAge: 1967-1975	16 Mar 2012	£230,000	79.69%
	12 Mar 2002	£128,000	96.92%
	08 Dec 1995	£65,000	First Sale
98 PARK LANE EASTSemi-Detached, FreeholdArea: 92.62 Sq.mtrAge: 1950-1966	21 Jul 2011	£250,000	First Sale
92 PARK LANE EASTSemi-Detached, Freehold	16 Aug 2005	£210,000	34.62%
92 PARK LANE EASTSemi-Detached, Freehold	28 Jun 2002	£156,000	First Sale

Check out the sold house prices near the RH2 8LW postcode. Properties currently for saleProperties currently for rent

PARK LANE EAST, RH2 8LW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RH2 8LW 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 RH2 8LW postcode.

Terraced
- The average price is around £269,447 median price is £250,000 Standard Deviation is £140,472 with Total Sold: 248
- The Last 5 Year average price is £426,807 with Total Sold: 57
- The most recent sale happened at this postcode is , 67 PRIORY ROAD: £425,000 (Sold on 17 Sep 2024)
- The first recorded sale happened at this postcode is , 19 CHURCH ROAD: £22,400 (Sold on 13 Mar 1995)
Flat
- The average price is around £217,649 median price is £227,500 Standard Deviation is £101,410 with Total Sold: 121
- The Last 5 Year average price is £306,465 with Total Sold: 28
- The most recent sale happened at this postcode is FLAT 7, PRIORY OAKS, 54 PARK LANE EAST: £410,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 50 NEW NORTH ROAD: £55,000 (Sold on 01 Mar 1995)
Detached
- The average price is around £495,216 median price is £430,000 Standard Deviation is £299,042 with Total Sold: 184
- The Last 5 Year average price is £864,834 with Total Sold: 33
- The most recent sale happened at this postcode is , 4 PRIORY DRIVE: £775,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 3 RANDAL CRESCENT: £142,000 (Sold on 30 Jun 1995)
Semi-Detached
- The average price is around £272,920 median price is £235,000 Standard Deviation is £168,958 with Total Sold: 527
- The Last 5 Year average price is £495,912 with Total Sold: 80
- The most recent sale happened at this postcode is , 24 NEW NORTH ROAD: £500,000 (Sold on 15 May 2024)
- The first recorded sale happened at this postcode is , 114 PARK LANE EAST: £60,000 (Sold on 28 Mar 1995)
Other
- The average price is around £284,239 median price is £380,000 Standard Deviation is £184,838 with Total Sold: 11
- The Last 5 Year average price is £274,312 with Total Sold: 8
- The most recent sale happened at this postcode is , 27 ALLINGHAM ROAD: £380,000 (Sold on 19 Mar 2024)
- The first recorded sale happened at this postcode is , FOXWELL HOUSE, 60 PRIORY ROAD: £74,999 (Sold on 30 Aug 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£491,667	£9,603	6
2023	£413,966	£5,213	7
2022	£418,167	£5,830	6
2021	£443,161	£5,256	20
2020	£463,000	£4,999	6
2019	£360,833	£4,811	12
2018	£390,182	£4,522	11
2017	£435,498	£4,187	7
2016	£352,012	£5,150	8
2015	£346,781	£4,494	16
2014	£328,533	£3,660	12
2013	£257,500	£4,508	10
2012	£257,380	£3,116	12
2011	£229,214	£3,255	7
2010	£212,000	£2,585	1
2009	£170,500	£2,475	4
2008	£196,667	£2,824	3
2007	£214,550	£2,907	7
2006	£219,333	£2,987	9
2005	£191,000	£2,685	5
2004	£222,111	£2,516	9
2003	£182,140	£2,392	5
2002	£165,954	£2,158	12
2001	£141,750	£1,673	6
2000	£100,661	£1,727	9
1999	£96,217	£1,270	9
1998	£84,833	£1,168	6
1997	£88,425	£1,074	8
1996	£60,607	£853	7
1995	£62,544	£846	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£302,500		2
2023	£320,750	£4,827	4
2022	£328,252	£5,001	10
2021	£238,000	£4,274	6
2020	£310,625	£4,754	4
2019	£370,000	£4,254	2
2018	£335,333	£5,292	3
2017	£265,625	£4,285	4
2016	£285,667	£4,886	6
2015	£233,285	£4,275	10
2014	£237,742	£3,002	6
2013	£246,562	£3,140	4
2012	£169,300	£2,044	5
2011	£145,000	£2,500	1
2010	£235,993	£2,976	7
2009	£219,400	£2,843	3
2008	£118,000	£2,712	2
2007	£254,786	£3,500	7
2006	£202,917	£2,632	6
2005	£132,000	£1,874	1
2004	£129,362	£2,280	4
2003	£131,914	£1,885	7
2002	£88,500	£1,235	2
2001	£85,833	£1,434	3
2000	£61,650	£1,167	3
1999	£64,750	£797	2
1998	£72,000	£627	1
1997	£64,000	£557	1
1996	£42,400	£648	3
1995	£51,375	£631	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£822,000	£6,509	5
2023	£1,045,000	£6,392	4
2022	£1,023,857	£6,356	7
2021	£784,814	£6,907	8
2020	£815,000	£5,974	4
2019	£708,800	£5,082	5
2018	£610,000	£4,887	2
2017	£702,500	£6,181	7
2016	£740,000	£4,557	5
2015	£601,965	£4,869	11
2014	£510,250	£5,040	4
2013	£478,875	£4,162	4
2012	£612,500	£5,072	4
2011	£551,833	£3,851	6
2010	£311,083	£3,504	6
2009	£528,000	£2,803	7
2008	£487,500	£2,885	1
2007	£484,500	£3,461	12
2006	£405,000	£2,540	2
2005	£404,714	£2,758	7
2004	£338,556	£2,468	8
2003	£378,264	£2,556	11
2002	£404,773	£2,618	11
2001	£323,704	£2,057	12
2000	£375,000	£2,608	2
1999	£209,681	£1,302	8
1998	£209,050	£1,895	4
1997	£139,369	£1,121	8
1996	£142,107	£1,047	7
1995	£158,475	£1,516	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£482,500		2
2023	£496,667	£6,120	12
2022	£619,400	£6,753	15
2021	£464,829	£5,206	19
2020	£513,444	£5,662	18
2019	£384,512	£4,761	14
2018	£450,458	£5,201	12
2017	£394,306	£4,748	18
2016	£486,194	£4,854	18
2015	£419,923	£4,223	13
2014	£378,198	£3,943	22
2013	£412,400	£3,332	13
2012	£286,333	£3,062	12
2011	£306,603	£3,479	19
2010	£295,496	£2,948	14
2009	£212,577	£2,469	13
2008	£292,193	£3,491	8
2007	£281,809	£2,794	11
2006	£254,989	£2,807	24
2005	£247,433	£2,630	15
2004	£209,630	£2,409	15
2003	£207,908	£2,220	13
2002	£184,429	£2,070	34
2001	£171,789	£1,736	31
2000	£150,167	£1,617	23
1999	£110,261	£1,272	31
1998	£103,746	£1,220	26
1997	£104,666	£1,029	25
1996	£72,638	£818	21
1995	£73,478	£735	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000	£6,909	1
2021	£240,000		2
2019	£266,900	£4,360	5
2018	£428,567	£3,193	2
2017	£74,999		1

House Type in RH2 8LW area

The most common house types in the RH2 8LW postcode area are Flat (44), Semi-detached (40), and Terraced (21).

Total	108
Flat	44
Semi-detached	40
Terraced	21
Detached	3
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 (20).

Social rented: Other social rented	51
Owned: Owns with a mortgage or loan	20
Owned: Owns outright	14
Social rented: Rents from council or Local Authority	14
Private rented: Private landlord or letting agency	7
Shared ownership: Shared ownership	1
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 RH2 8LW have 1 person in household (39), and 2 people in household (29).

1 person in household	39
2 people in household	29
4 people in household	18
3 people in household	12
5 people in household	10
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0