Spencer Way, Redhill house prices are built from 152 sales lodged with HM Land Registry, the oldest in 1995 and the most recent on 19 Jun 2026. The median price paid across the whole record is £175,750. Across the 10 years from 2012 to 2022 the median moved +53.8% in cash — but once inflation is taken out, the change in 2026 money is +19.3%.
Median price paid
£175,750
Change in cash, 2012–2022
+53.8%
Change in real terms
+19.3%
Median per m²
£2,907
HM Land Registry152 sales22 with floor areaLatest sale 19 Jun 2026
Section 01
How Spencer Way, Redhill prices moved
The chart tracks the median Spencer Way, Redhill house price for every year with a recorded sale, from 1995 to 2022. The dashed line restates each year in 2026 money, so the two lines separate exactly as much as inflation has eroded the cash figure.
| Decade | Years with sales | Median paid | In today's money |
|---|---|---|---|
| 1990s | 5 | £77,950 | £173,086 |
| 2000s | 5 | £192,000 | £349,767 |
| 2010s | 4 | £239,950 | £338,330 |
| 2020s | 1 | £310,000 | £316,739 |
The highest yearly median on record for Spencer Way, Redhill is £310,000 in 2022; the lowest is £54,000 in 1995. Across the full 28-year record the cash median has moved from £54,000 to £310,000.
In 2026 money that first median is worth £119,906, so the real change over the whole record is +199.5% — about +4.15% a year after inflation. Cash growth and real growth are not the same story, and the gap is the part most price reports leave out.
Over the last decade alone the difference is stark: +53.8% in cash against +19.3% once inflation is removed. A buyer who sold at the end of that decade would have needed the real figure, not the headline one, to know whether they had actually gained.
Section 02
The most recent sales
Every row is a completed sale as lodged with HM Land Registry. The right-hand column restates the price in 2026 money, which is the only fair way to compare a sale from the 1990s with one from last year.
| Address | Sold | Type | Price paid | In today's money |
|---|---|---|---|---|
| 65 | 19 Jun 2026 | Terraced | £360,000 | £360,000 |
| 72 | 15 Aug 2025 | Terraced | £345,000 | £352,500 |
| 104 | 26 Sep 2024 | Terraced | £376,000 | £395,642 |
| 112 | 29 Feb 2024 | Terraced | £360,000 | £378,806 |
| 53 | 19 Oct 2023 | Terraced | £345,000 | £372,759 |
| 24 | 26 Jul 2022 | Terraced | £260,000 | £301,233 |
| 44 | 15 Jul 2022 | Terraced | £330,000 | £382,334 |
| 70 | 23 Jun 2022 | Terraced | £300,000 | £347,576 |
| 74 | 28 Apr 2022 | Terraced | £320,000 | £370,748 |
| 10 | 17 Feb 2022 | Terraced | £340,000 | £393,919 |
| 47 | 28 Jan 2022 | Semi-detached | £290,000 | £335,990 |
| 16 | 27 Sep 2021 | Terraced | £345,000 | £435,887 |
| 5 | 29 Jun 2021 | Semi-detached | £485,000 | £612,769 |
| 106 | 28 Jun 2021 | Terraced | £340,000 | £429,570 |
| 59 | 23 Oct 2020 | Terraced | £350,000 | £453,168 |
| 112 | 6 Dec 2019 | Terraced | £312,500 | £408,743 |
| 6 | 27 Aug 2019 | Terraced | £285,000 | £372,774 |
| 18 | 2 Aug 2019 | Terraced | £305,000 | £398,933 |
| 44 | 27 Jun 2019 | Terraced | £285,000 | £372,774 |
| 73 | 14 May 2019 | Semi-detached | £317,500 | £415,283 |
| 64 | 22 Mar 2019 | Terraced | £292,500 | £382,583 |
| 60 | 26 Oct 2018 | Terraced | £315,000 | £419,802 |
| 11 | 26 Sep 2018 | Semi-detached | £355,000 | £473,110 |
| 65 | 29 Jun 2018 | Terraced | £287,500 | £383,152 |
| 72 | 17 Apr 2018 | Terraced | £272,000 | £362,495 |
Section 03
Homes that sold twice
These addresses appear in the register more than once, so the same bricks are being priced twice. That makes them the strongest evidence of what actually happened to Spencer Way, Redhill values — no mix of property types can flatter the number.
| Address | First recorded sale | Most recent sale | Cash a year | Real a year |
|---|---|---|---|---|
| 65 Spencer Way | £287,500 (2018) | £360,000 (2026) | +2.9% | -0.8% |
| 72 Spencer Way | £59,500 (1997) | £345,000 (2025) | +6.5% | +3.7% |
| 112 Spencer Way | £69,000 (1997) | £360,000 (2024) | +6.3% | +3.6% |
| 53 Spencer Way | £52,000 (1995) | £345,000 (2023) | +7.0% | +4.3% |
| 44 Spencer Way | £54,500 (1995) | £330,000 (2022) | +6.9% | +4.4% |
| 70 Spencer Way | £72,000 (1998) | £300,000 (2022) | +6.1% | +3.6% |
| 74 Spencer Way | £57,000 (1996) | £320,000 (2022) | +6.9% | +4.3% |
| 47 Spencer Way | £61,000 (1996) | £290,000 (2022) | +6.2% | +3.6% |
| 16 Spencer Way | £205,000 (2008) | £345,000 (2021) | +4.1% | +1.8% |
| 5 Spencer Way | £107,000 (1997) | £485,000 (2021) | +6.5% | +4.2% |
| 106 Spencer Way | £130,000 (2002) | £340,000 (2021) | +5.2% | +2.9% |
| 59 Spencer Way | £73,000 (1996) | £350,000 (2020) | +6.7% | +4.5% |
Section 04
What sells here
The mix of property types explains a large part of any area's median. Spencer Way, Redhill is dominated by the type at the top of this table, so its overall median leans that way.
| Property type | Sales | Share | Median paid | Range |
|---|---|---|---|---|
| Terraced | 85 | 55.9% | £174,000 | £51,500 – £376,000 |
| Detached | 41 | 27.0% | £205,000 | £80,000 – £450,000 |
| Semi-detached | 25 | 16.4% | £140,000 | £52,000 – £485,000 |
| Flat or maisonette | 1 | 0.7% | £77,950 | £77,950 – £77,950 |
Section 06
Ownership and new build in Spencer Way, Redhill
2 of the sales on record are leasehold and 150 freehold — 1.3% of the market. Tenure is not a detail: a leasehold flat and a freehold house are different assets, and mixing them into one median hides the difference.
The median leasehold sale is £86,475 and the median freehold sale £178,750 — a gap of +106.7%. Most of that gap is property type rather than tenure itself: leasehold here is largely flats, freehold largely houses.
| Category | Sales | Share | Median paid |
|---|---|---|---|
| Leasehold | 2 | 1.3% | £86,475 |
| Freehold | 150 | 98.7% | £178,750 |
| New build | 5 | 3.3% | £127,500 |
| Existing home | 147 | 96.7% | £182,000 |
New builds sold for less than the median existing home — -29.9%. A new-build premium is normal: the buyer gets a warranty and nothing to fix, and the price is set by a developer rather than negotiated between two households.
A further 4 transfers for this area are on the register but are left out of every figure above. HM Land Registry marks them as additional price paid entries: repossessions, buy-to-let portfolio moves, transfers between companies or family, and sales at a discount such as right to buy. They are real records but they are not open-market prices, and including them would drag the median somewhere no buyer ever paid.
Section 07
Living in Spencer Way, Redhill
Every certificate carries an energy efficiency band as well as a floor area. Across Reigate and Banstead, 50.8% of 72,395 certificates sit in bands A to C, and 3.5% in F or G — the bands that cost the most to heat and are hardest to mortgage.
| Energy band | Certificates | Share |
|---|---|---|
| A | 271 | 0.4% |
| B | 9,989 | 13.8% |
| C | 26,508 | 36.6% |
| D | 23,271 | 32.1% |
| E | 9,834 | 13.6% |
| F | 2,124 | 2.9% |
| G | 398 | 0.5% |
The Office for National Statistics puts the mean private rent in Reigate and Banstead at £1,638 a month as of Jun 2026 — £1,139 for a one-bedroom home and £1,815 for three bedrooms.
Against the median sale of £175,750 here, that rent is a gross yield of 11.18% a year. It is a measured figure rather than an assumption: a real local rent over a real local price, before any cost of ownership.
Police forces publish every recorded street-level crime. Within a mile of the centre of RH1, 163 crimes were recorded in Jun 2026: 57 violent, 2 burglary, 7 vehicle-related and 23 anti-social behaviour. The median postcode district in this archive recorded 167 in the same month, so this one is about typical.
Against the 150,846 residents the 2021 census counted in Reigate and Banstead, that is 1.08 recorded crimes per thousand people in the month. The count covers a mile around the district centre while the population covers the whole council, so read the rate as an order of magnitude rather than a precise figure.
A count is not a rate. A district with shops and a station records more crime than a residential one of the same size, because more people pass through it. Read this next to the median, not on its own.
Section 08
The neighbourhood around Spencer Way, Redhill
The 2021 census counted 150,846 residents in Reigate and Banstead across 59,849 households. 72.7% of those households own their home and 27.2% rent — a split the sold record cannot show, because only owners appear in it.
16 state and independent schools have a RH1 postcode: 12 primary, 3 secondary, 1 16 plus. Catchment areas do not follow postcodes, so treat this as what is nearby rather than what a child would be offered.
| School | Phase | Type | Pupils |
|---|---|---|---|
| St Bede's School | Secondary | Voluntary aided school | 1,918 |
| Carrington School | Secondary | Academy converter | 1,012 |
| Merstham Park School | Secondary | Free schools | 711 |
| St Joseph's Catholic Primary School | Primary | Academy converter | 595 |
| Lime Tree Primary School and Nursery | Primary | Academy sponsor led | 445 |
| Furzefield Primary Academy | Primary | Academy converter | 403 |
| Earlswood Junior School | Primary | Community school | 382 |
| Salfords Primary School and Nursery | Primary | Academy sponsor led | 381 |
| Earlswood Infant and Nursery School | Primary | Community school | 372 |
| St Matthew's CofE Primary School | Primary | Academy sponsor led | 363 |
| Station | Mode | Distance from the district centre |
|---|---|---|
| Redhill Rail Station | Rail | 0.7 km |
| Earlswood (Surrey) Rail Station | Rail | 1.5 km |
| Nutfield Rail Station | Rail | 2.1 km |
| Merstham Rail Station | Rail | 3.0 km |
Section 09
How Spencer Way, Redhill compares
The median across the whole archive is £157,500. Spencer Way, Redhill sits above that national figure — +11.6%.
Within Redhill the street ranks 425 of 510 by median price, and its median is below the town figure of £220,000 (-20.1%).
Where an EPC floor area could be matched to the sale, the median works out at £2,907 per square metre, across 22 of the 152 sales on record. Price per square metre is the only figure that compares a two-bed flat with a four-bed house honestly.
The full range on record runs from £51,500 to £485,000. Extremes usually mean something unusual — a plot sold without a house on it, a transfer between family members, or a very large property — so the median is the number to trust.
Spencer Way, Redhill sits in Reigate and Banstead, in the South East.
The Office for National Statistics puts the median home in Reigate and Banstead at 11.1 times median local earnings of £43,296 a year, measured to Sep 2025. Across England and Wales the same ratio is 7.6. That number, not the price alone, is what decides whether a place is within reach of the people who work in it.
Section 10
Nearby on the record
Streets nearby
- Garlands Road£157,750 median
- London Road£152,250 median
- Station Road£180,000 median
- Royal Earlswood Park£250,000 median
- Nutfield Road£221,250 median
- Ladbroke Road£196,750 median
- High Street£243,750 median
- Brighton Road£182,500 median
- Wordsworth Mead£137,250 median
- Earlswood Road£176,750 median
- Albury Road£199,750 median
- Linkfield Lane£165,000 median
- Canalside£220,000 median
- Alpine Road£179,475 median
- Woodlands Road£149,000 median
- Monson Road£220,000 median
Addresses with more than one recorded sale
- 51 Spencer Way7 sales
- 112 Spencer Way6 sales
- 53 Spencer Way6 sales
- 106 Spencer Way5 sales
- 84 Spencer Way5 sales
- 68 Spencer Way5 sales
- 72 Spencer Way4 sales
- 44 Spencer Way4 sales
- 47 Spencer Way4 sales
- 5 Spencer Way4 sales
- 88 Spencer Way4 sales
- 18 Spencer Way3 sales
- 73 Spencer Way3 sales
- 64 Spencer Way3 sales
- 60 Spencer Way3 sales
- 55 Spencer Way3 sales
- 100 Spencer Way3 sales
- 15 Spencer Way3 sales
- 66 Spencer Way3 sales
- 4 Spencer Way3 sales
- 45 Spencer Way3 sales
- 65 Spencer Way2 sales
- 70 Spencer Way2 sales
- 74 Spencer Way2 sales
Back to Redhill house prices.
Quick answers
Common questions about this data
What is the average house price in Spencer Way, Redhill?
The median price paid in Spencer Way, Redhill across every sale on the register is £175,750. The median is used rather than the mean because a handful of very large sales would otherwise drag the average away from what a typical buyer paid.
How many homes have sold in Spencer Way, Redhill?
152 sales are on record for Spencer Way, Redhill, the most recent completing on 19 Jun 2026. Every one is a completed transfer lodged with HM Land Registry, not an asking price or an estimate.
Have Spencer Way, Redhill house prices actually risen?
In cash, the median rose +53.8% between 2012 and 2022. In 2026 money — that is, after inflation — the change is +19.3%. Both numbers are true; only the second one tells you whether buying here preserved value.
When were Spencer Way, Redhill house prices at their highest?
The highest yearly median on record is £310,000, set in 2022. That is the cash figure; measured in 2026 money the peak may fall in a different year, because inflation reshapes the series.
What is the price per square metre in Spencer Way, Redhill?
£2,907 per square metre, from the 22 sales where an EPC floor area could be matched to the address. Price per square metre strips out size, so a flat and a house can be compared on the same basis.
How current is this data?
The latest sale shown here completed on 19 Jun 2026. HM Land Registry publishes Price Paid Data monthly and a sale can take a month or two to appear after completion, so the most recent weeks are always incomplete.
Cite this page: Sold Price History, “Spencer Way, Redhill house prices”, 2026. Source: HM Land Registry Price Paid Data © Crown copyright and database right, used under the Open Government Licence v3.0. Inflation adjustment: ONS CPIH.