Property Data OutlookReigate and Banstead
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Reigate and Banstead
Key indicators for buyers
The Reigate and Banstead market is moderately favourable for buyers. Prices have softened (-4.1%), which could present a buying opportunity. Affordability has improved from a peak of 14.2x in 2022 to 11.1x today. Rising rents (£1,624/mo, +3.1%) mean the cost of waiting is real.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
House price ÷ median earnings · ONS data
A home in Reigate and Banstead costs 11.1x the local median salary — very stretched, improving from a peak of 14.2x in 2022.
Rental trends
Average monthly rent · ONS Private Rental Index
Average monthly rent in Reigate and Banstead is £1,624, up 3.1% year-on-year. Rents have risen consistently over the past five years.
Monthly mortgage
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Reigate and Banstead price of £463,759 with a 25% deposit (£116k), a 2-year fixed mortgage at 3.97% costs around £1,830 per month.
Rent vs buy snapshot
Monthly cost comparison based on current data
Monthly mortgage payments (£1,830) are £206 more than renting (£1,624). However, buying requires an upfront deposit of £116k — it would take around 11 years to recoup that cost compared to renting and investing the difference.
Recent sales
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
18, HONEYCROCK LANE RH1 5DF | Semi-detached | £493,750 | 26 Jan 2026 |
5, LYME REGIS ROAD SM7 2EY | Flat/Maisonette | £377,000 | 26 Jan 2026 |
6, BROADLANDS RH6 9XA | Terraced | £310,000 | 23 Jan 2026 |
9, CHARLESFIELD ROAD RH6 8BJ | Flat/Maisonette | £410,000 | 23 Jan 2026 |
2, BRIARWOOD, HIGH STREET SM7 2JA | Flat/Maisonette | £345,000 | 23 Jan 2026 |
15, HEATHER CLOSE RH1 2JL | Terraced | £425,000 | 16 Jan 2026 |
FLAT 2, 54, MALMSTONE AVENUE, MERSTHAM RH1 3NE | Flat/Maisonette |
Explore postcodes in Reigate and Banstead
5postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.