Housing Market Analysis for BANKS CLOSE, RH6 8GF

Are you looking to understand RH6 8GF 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 RH6 8GF area, explore the RH6 8GF Area information page.
For comprehensive crime statistics in the RH6 8GF area, explore the RH6 8GF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the RH6 8GF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £604,444 median price is £605,000 Standard Deviation is £68,746 with Total Sold: 9
    • The Last 5 Year average price is £646,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 14 BANKS CLOSE: £750,000 (Sold on 06 Dec 2023)
    • The first recorded sale happened at this postcode is 10 BANKS CLOSE: £605,000 (Sold on 25 Aug 2017)
  • Semi-Detached
    • The average price is around £405,722 median price is £415,000 Standard Deviation is £38,474 with Total Sold: 9
    • The Last 5 Year average price is £424,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 BANKS CLOSE: £444,000 (Sold on 08 Jul 2022)
    • The first recorded sale happened at this postcode is 2 BANKS CLOSE: £350,000 (Sold on 29 Aug 2017)
  • Flat
    • The average price is around £367,500 median price is £315,000 Standard Deviation is £90,933 with Total Sold: 4
    • The Last 5 Year average price is £315,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 BANKS CLOSE: £315,000 (Sold on 14 May 2021)
    • The first recorded sale happened at this postcode is 12 BANKS CLOSE: £525,000 (Sold on 08 Dec 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average RH6 8GF 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£717,500 £5,053 2
2022£545,000 £4,619 1
2021£605,000 £4,261 1
2017£571,000 £4,169 5
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£454,500 £4,679 2
2020£365,000 £5,069 1
2017£396,250 £4,494 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£315,000 £3,663 2
2017£420,000 £4,094 2

All the Sales in the BANKS CLOSE, RH6 8GF

See the table below for more details on the sold house prices in the RH6 8GF, Reigate and Banstead postcode.

AddressSold DatePrice% Change
14 BANKS CLOSEDetached, FreeholdArea: 142 Sq.mtr06 Dec 2023£750,00022.95%
14 Dec 2017£610,000First Sale
10 BANKS CLOSEDetached, FreeholdArea: 142 Sq.mtr16 Jan 2023£685,00013.22%
25 Aug 2017£605,000First Sale
9 BANKS CLOSESemi-Detached, FreeholdArea: 109 Sq.mtr08 Jul 2022£444,0005.71%
05 Sep 2017£420,000First Sale
3 BANKS CLOSEDetached, FreeholdArea: 118 Sq.mtr31 Mar 2022£545,0005.31%
08 Dec 2017£517,500First Sale
5 BANKS CLOSESemi-Detached, FreeholdArea: 88 Sq.mtr11 Feb 2022£465,0009.41%
20 Oct 2017£425,000First Sale
1 BANKS CLOSEFlat, FreeholdArea: 86 Sq.mtr14 May 2021£315,0000.0
14 May 2021£315,0000.0
11 Dec 2017£315,000First Sale
6 BANKS CLOSEDetached, FreeholdArea: 142 Sq.mtr07 Jan 2021£605,0008.04%
27 Oct 2017£560,000First Sale
2 BANKS CLOSESemi-Detached, FreeholdArea: 72 Sq.mtr27 Nov 2020£365,0004.29%
29 Aug 2017£350,000First Sale
12 BANKS CLOSEFlat, FreeholdArea: 116 Sq.mtr08 Dec 2017£525,000First Sale
8 BANKS CLOSEDetached, FreeholdArea: 142 Sq.mtr27 Oct 2017£562,500First Sale
7 BANKS CLOSESemi-Detached, FreeholdArea: 88 Sq.mtr20 Oct 2017£415,000First Sale
11 BANKS CLOSESemi-Detached, FreeholdArea: 109 Sq.mtr15 Sep 2017£415,000First Sale
4 BANKS CLOSESemi-Detached, FreeholdArea: 72 Sq.mtr29 Aug 2017£352,500First Sale

Check out the sold house prices near the RH6 8GF postcode. Properties currently for saleProperties currently for rent

BANKS CLOSE, RH6 8GF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the RH6 8GF 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 RH6 8GF postcode.

  • Semi-Detached
    • The average price is around £410,794 median price is £425,000 Standard Deviation is £100,255 with Total Sold: 267
    • The Last 5 Year average price is £438,579 with Total Sold: 142
    • The most recent sale happened at this postcode is , 17 MALTHOUSE LANE: £425,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 26 BAY CLOSE: £80,000 (Sold on 11 Aug 1995)
  • Detached
    • The average price is around £539,615 median price is £521,250 Standard Deviation is £112,552 with Total Sold: 294
    • The Last 5 Year average price is £565,575 with Total Sold: 159
    • The most recent sale happened at this postcode is , 1 WILSON GROVE: £600,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , MEATH PADDOCK MEATH GREEN LANE: £160,000 (Sold on 29 Nov 1996)
  • Terraced
    • The average price is around £400,378 median price is £384,950 Standard Deviation is £98,117 with Total Sold: 83
    • The Last 5 Year average price is £408,997 with Total Sold: 46
    • The most recent sale happened at this postcode is , 22 MALTHOUSE LANE: £435,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 BAY CLOSE: £192,500 (Sold on 20 Nov 2002)
  • Flat
    • The average price is around £259,167 median price is £285,000 Standard Deviation is £68,932 with Total Sold: 166
    • The Last 5 Year average price is £246,458 with Total Sold: 91
    • The most recent sale happened at this postcode is FLAT 7, TURNSTONE COURT, 7 WEBBER STREET: £275,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 4, SANDPIPER HOUSE, 13 WEBBER STREET: £299,950 (Sold on 22 Jun 2017)
  • Other
    • The average price is around £660,995 median price is £435,000 Standard Deviation is £599,855 with Total Sold: 8
    • The Last 5 Year average price is £546,852 with Total Sold: 7
    • The most recent sale happened at this postcode is FLAT 1, BALLYMACAD HOUSE, 102 WEBBER STREET: £295,000 (Sold on 31 Mar 2023)
    • The first recorded sale happened at this postcode is , 1 BOURNE AVENUE: £1,460,000 (Sold on 30 Jun 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£421,610 £3,906 7
2023£451,962 £5,036 13
2022£457,050 £5,081 20
2021£462,413 £4,393 15
2020£440,071 £4,459 24
2019£425,595 £4,465 63
2018£427,061 £4,458 63
2017£410,004 £4,599 39
2016£360,000 £4,865 1
2015£600,000 £3,807 1
2014£290,050 £2,816 1
2013£245,000 £3,224 1
2011£248,000 £2,839 1
2008£242,0001
2006£220,0001
2005£435,000 £3,991 1
2003£227,000 £3,068 1
2002£163,0001
2001£151,8173
2000£130,483 £1,524 3
1999£118,500 £1,274 1
1998£97,9501
1997£100,0001
1996£78,500 £898 3
1995£80,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£597,143 £4,765 7
2023£682,500 £4,586 8
2022£553,139 £4,938 18
2021£583,496 £4,464 37
2020£559,431 £4,490 29
2019£541,951 £4,406 60
2018£548,290 £4,481 63
2017£482,060 £4,409 67
2015£515,000 £4,518 1
2010£535,000 £3,217 1
2001£325,000 £1,857 1
2000£345,000 £1,971 1
1996£160,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£500,0004
2023£408,500 £5,930 2
2022£394,520 £5,849 5
2021£373,483 £5,068 12
2020£379,257 £5,006 7
2019£430,478 £4,537 16
2018£409,182 £4,710 28
2017£364,986 £4,571 7
2003£213,000 £2,803 1
2002£192,500 £2,533 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£194,9384
2023£253,350 £4,272 10
2022£240,125 £3,885 16
2021£210,605 £3,191 14
2020£220,246 £3,004 10
2019£273,554 £4,099 37
2018£265,724 £3,967 42
2017£285,867 £4,193 33
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£295,000 £4,214 1
2022£301,731 £3,078 2
2021£66,000 £930 1
2020£103,500 £1,545 1
2019£1,380,000 £8,961 2
2016£1,460,000 £18,481 1

House Type in RH6 8GF area

The most common house types in the RH6 8GF postcode area are Semi-detached (47), Detached (46), and Flat (22).

Total122
Semi-detached47
Detached46
Flat22
Terraced7
Shared house0
converted building0
commercial 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 (91), and Shared ownership: Shared ownership (12).

Owned: Owns with a mortgage or loan91
Shared ownership: Shared ownership12
Owned: Owns outright9
Social rented: Other social rented8
Social rented: Rents from council or Local Authority2
Private rented: Private landlord or letting agency2
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the RH6 8GF have 2 people in household (57), and 3 people in household (33).

2 people in household57
3 people in household33
4 people in household21
1 person in household12
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0