The average Reigate & Banstead home sold for £483,340 in May 2026, up 1.7% in a year. Prices by type and by town, the £3m streets, and Surrey's cheapest postcode.
The average home in Reigate & Banstead sold for £483,340 in May 2026, up 1.7% on a year earlier. Asking prices in agents’ windows tell you what sellers hope for; the figures on this page are what homes actually changed hands for, recorded by HM Land Registry once each sale completes and published as the UK House Price Index. The borough average also hides a striking spread: Reigate town sells at a clear premium to Redhill two miles away, and one Redhill postcode sector is the cheapest place to buy in the whole of Surrey. Here is the full picture, each figure linked to its source.
The headline figure
The £483,340 borough average for May 2026 is the provisional figure from the official UK House Price Index, built from completed Land Registry sales across the whole borough: Reigate, Redhill, Horley, Banstead, Tadworth and the villages between.
Three things stand out in the latest data:
- Prices rose 1.7% over the twelve months to May 2026. That is growth, but slowing: the annual reading was 2.2% a month earlier, and the average actually fell £8,822 between April (£492,162) and May.
- The borough sits between its neighbours’ extremes. Over the same twelve months England’s average rose 2.3% to £292,095 and the South East rose 1.2% to £381,311. Reigate & Banstead’s 1.7% is in the middle, on an average roughly £100,000 above the regional figure.
- Flats are the one falling market, down 0.5% on the year while every type of house rose.
One caveat worth carrying: UKHPI figures are provisional and get revised as late-registered sales arrive, so treat the precise decimal as an estimate that will settle over the next few months.
What you pay by property type
These are the May 2026 averages from the UK House Price Index for Reigate and Banstead, with the change over the year:
- Detached houses: £921,024, up 1.6% on the year. The family homes of south Reigate, Kingswood and Walton on the Hill, priced within sight of £1 million.
- Semi-detached houses: £542,269, up 3.5%, the strongest growth of any type.
- Terraced houses: £429,993, up 2.6%. The usual route into a house rather than a flat, common around Redhill and Horley.
- Flats and maisonettes: £269,674, down 0.5%, the only type to fall. Flat buyers are the most exposed to mortgage costs, and it shows.
A first-time buyer in the borough paid an average of £368,793 in May 2026, while a home mover, someone selling one home to buy another, paid £604,719. The £236,000 gap between those figures is the size of the step from a first flat or terrace to a family house in this part of Surrey.
Reigate, Redhill and Banstead are three different markets
The borough average flattens a real difference between its towns. Street-level sold-price data compiled by Property Solvers from HM Land Registry records puts the town averages well apart:
| Town | Average sold price | Change over 12 months | Sales in the last year |
|---|---|---|---|
| Reigate | £656,428 | +1.2% | 259 |
| Redhill | £529,468 | +1.0% | 358 |
| Banstead | £397,500 | +1.9% | 95 |
Sources: Property Solvers sold-price pages for Reigate, Redhill and Banstead. These are raw averages of completed sales in each town’s postcodes, a different method from UKHPI’s borough index, so the numbers do not line up with the £483,340 above and should not be mixed with it. Banstead’s figure comes from a small, flat-heavy sample of 95 sales, so read it loosely.
The £127,000 gap between Reigate and Redhill is the honest premium for the older town: period streets, the school catchments, and a High Street that has kept its independents. Redhill sells more homes at lower prices, and Property Solvers’ data has Reigate homes taking 116 days on average to sell against Redhill’s 121.
The most expensive streets, and the cheapest
The same Land Registry-derived data puts the top of the market on the roads running up to the North Downs east of Reigate town centre:
- High Trees Road (RH2 7EJ), average £2,991,666
- Blanford Road (RH2 7DP), average £2,285,546
- Crakell Road (RH2 7DT), average £2,006,666
- High Trees Road (RH2 7EH), average £1,872,500
- Gatton Road (RH2 0HL), average £1,755,000
All are within a few minutes of each other on Reigate’s eastern slopes. In Banstead the peak is Cunningham Road (SM7 3HG) at £1,412,500; around Redhill it is Wraylands Drive (RH2 0LG) at £1,562,500.
At the other end, the cheapest addresses are retirement and sheltered flats: Churchfield Court on Roebuck Close, Reigate (RH2 7RS) averages £122,214, and Talfourd Way, Redhill (RH1 6GF) £91,583. From £92,000 to £3 million is the real range of what “Reigate house prices” means street by street.
How the borough compares
| Area | Average price | Change over a year | Source |
|---|---|---|---|
| Reigate & Banstead borough | £483,340 | +1.7% | UK House Price Index |
| Surrey county | £605,000 | broadly flat | Land Registry via Plumplot, year to June 2026 |
| South East region | £381,311 | +1.2% | UK House Price Index |
| England | £292,095 | +2.3% | UK House Price Index |
Surrey is the second most expensive county in England and Wales after Greater London on Plumplot’s Land Registry analysis, and Reigate & Banstead sits below the county’s £605,000 average: Elmbridge and the super-prime pockets pull Surrey’s figure up, while this borough’s average includes Redhill’s flats and Horley’s estates. The same analysis contains the borough’s most surprising fact: RH1 1, central Redhill, is the cheapest postcode sector in the whole of Surrey at £298,000, in a county whose priciest sector clears £1.7 million. For a buyer who wants Surrey on a budget, with 31-minute trains to London, central Redhill is statistically the cheapest way in.
A note on the numbers you will see elsewhere. Rightmove puts Reigate’s overall average at £630,407 for the last year, down 8% on the year before and 10% below the 2022 peak of £703,007. That is not a contradiction of the UKHPI rise: Rightmove’s figure covers the Reigate listing area over a full year of mixed sales, while the UKHPI figure is a single month indexed across the whole borough. Quote either, but not as the same statistic.
What it means for you
If you are selling in Reigate town, the market is still edging up but the 2022 peak remains some way above you; price off current comparables, not off what a neighbour got three years ago. If you are buying, flats are the soft spot, down on the year while houses rose, and central Redhill is the county’s statistical bargain. Factor in the council tax band of anything you view, since a Band G bill in this borough clears £4,000 a year. If you are staying put, a 1.7% annual rise on a £483,000 average is £8,000 of paper gain; it changes nothing unless you remortgage or move.
One thing to watch: the council began work on a new Local Plan to 2044 in July 2026, the document that will decide how many homes are built here and where. Where those allocations land will shape values street by street; our Reigate planning news page follows it.
Frequently asked questions
What is the average house price in Reigate?
Two honest answers. The borough of Reigate & Banstead averaged £483,340 in May 2026 on the official UK House Price Index. Reigate town alone is much dearer: about £656,000 on Property Solvers’ Land Registry sold-price data, or £630,000 on Rightmove’s last-year average.
Are house prices in Reigate rising or falling?
The borough index rose 1.7% in the twelve months to May 2026, though the pace is slowing and the average dipped between April and May. Rightmove’s town-level view, measured differently across a full year, has sold prices 8% down on the previous year. Direction depends on the measure; nobody’s data shows a boom.
How much is a detached house in Reigate & Banstead?
An average of £921,024 in May 2026, against £542,269 for a semi-detached house (UK House Price Index).
Where are the most expensive streets in Reigate?
On the slopes east of the town centre: High Trees Road, Blanford Road and Crakell Road all average £2 million to £3 million over recent Land Registry sales (Property Solvers).
Where is the cheapest place to buy in the borough?
Statistically, central Redhill: the RH1 1 postcode sector averages £298,000, the lowest of any sector in Surrey (Plumplot). The very cheapest individual addresses are retirement flats in Reigate and Redhill averaging £92,000 to £122,000.
Where can I check what a specific house sold for?
Every completed sale in England and Wales is public. Search a street or address free on the HM Land Registry sold-price service, or browse the same data on Rightmove and Zoopla.
Sources
- UK House Price Index, Reigate and Banstead (E07000211), via the Land Registry UKHPI data service, for all borough, South East and England figures (May 2026, provisional)
- Property Solvers sold-price pages for Reigate, Redhill and Banstead (HM Land Registry data) for town averages and street-level extremes
- Plumplot Surrey house prices (Land Registry data, year to June 2026) for the county average and postcode-sector extremes
- Rightmove Reigate house prices for the listing-area yearly average and peak comparison
- HM Land Registry sold-price search to check any individual address
Figures are provisional and revised as more sales are registered. Checked against the sources above on 7 August 2026.
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