Residential dwellings
11,865
Addressable residential units in the area (OS AddressBase).
RH2 house prices
Sold £6,025/m² · Median sold £663,223 (272 sales) · Index +5.4% y/y · Turnover 2.3% · 12 months, sales to Jun 2026, listings to Sep 2026
What is RH2?
RH2: residential dwellings 11,865.
HMO-shaped dwellings
0.4%
RH2 has the highest HMO-shaped dwellings of the 4 neighbouring postcode districts compared.
Share of dwellings OS AddressBase classifies RH01/RH02/RH03: laid out as a house in multiple occupation. A statement about built form, not about a licence.
- Buildings
- 9,346
- Mixed-use buildings
- 2.2%
- HMO-shaped units
- 36%
- EPC A or B
- 10%
- EPC D or worse
- 53%
What does RH2 cost?
RH2: sold price per m² £6,025/m² (12 months to Jun 2026, 272 sales). +5.4% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Sold price per m²
£6,025/m² 12 months to Jun 2026
272 sales
+5.4% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Empirical-Bayes smoothed median of UPRN-matched completed sales per square metre (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 272 sales.
Sold price
£663,223 12 months to Jun 2026
272 sales
+5.4% over the year to Jul 2026 by the house price index, which follows the same homes over time.
Empirical-Bayes smoothed median of UPRN-matched completed sales (HM Land Registry Price Paid), monthly. 12-month figure: the monthly medians weighted by their sample, 12 months to Jun 2026, 272 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£486,632 12 months to Sep 2026
1,168 listings
-5% on the previous 12 months.
Median ASKING price of residential sale listings that came to market in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 1,168 listings.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Jul 2026; the dashed tail is the published projection of the index 8 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does RH2 earn?
RH2: asking rent £2,075/month (12 months to Sep 2026, 283 lets).
Asking rent
£2,075/month 12 months to Sep 2026
283 lets
Median asking rent per calendar month of residential lettings in the month, from portal listings. Asking, not achieved. 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 283 lets.
Gross yield, asking basis
4.1% 12 months to Sep 2026
524 lets
+5.3% on the previous 12 months.
Cell asking rent × 12 over the same cell's asking sale price, before costs, voids and finance (cells with fewer than 5 dated listings are not built). 12-month figure: the monthly medians weighted by their sample, 12 months to Sep 2026, 524 lets.
Sample is the dated lettings behind the latest month's rent cell.
How does RH2 vary by home size?
Asking price in RH2 runs from £226,084 for 1 bedroom to £1,698,080 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | £226,084 | 12 months to Sep 2026 | — | 147 |
| 2 bedrooms | £349,863 | 12 months to Sep 2026 | -3.5% on the previous 12 months | 371 |
| 3 bedrooms | £541,338 | 12 months to Sep 2026 | -6% on the previous 12 months | 328 |
| 4 bedrooms | £877,761 | 12 months to Sep 2026 | -7.2% on the previous 12 months | 206 |
| 5+ bedrooms | £1,698,080 | 12 months to Sep 2026 · 9 of 12 months observed | — | 94 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, within the last 12 calendar months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is RH2?
RH2: turnover 2.3% (12 months to Mar 2026, 270 sales). -41.6% on the previous 12 months.
Turnover
2.3% 12 months to Mar 2026
270 sales
-41.6% on the previous 12 months.
Registered sales as a share of the dwelling stock, monthly; the 12-month figure adds the months. UPRN-matched sales, a floor on the registry count; the newest months fill in as registrations land. 12-month figure: the months added, 12 months to Mar 2026, 270 sales.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
396 12 months to Mar 2026
396 sales
-25.3% on the previous 12 months.
Count of HM Land Registry Price Paid completions in the month for the postcode district, straight off the registry; the newest months are still registering. 12-month figure: the months added, 12 months to Mar 2026, 396 sales.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
597 12 months to Sep 2026
597 listings
Residential sale listings observed in the month, from portal listings. 12-month figure: the months added, 12 months to Sep 2026, 597 listings.
Who is active in RH2?
22 agents listed homes for sale in RH2; the three largest took 36% of the listings.
- Agents active
- 22
- Top three agents’ share
- 36%
- New homes among listings
- 0.0%
Days to completion is on the listings matched to a registered sale, not a sell-through rate.
Who owns RH2?
Corporate landlords hold 67% of the 354 units in RH2 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords67% of classified · 237 units
- Individuals (not traceable in bulk)16% of classified · 56 units
- Housing associations9.9% of classified · 35 units
- RMC6.8% of classified · 24 units
- Offshore companies0.3% of classified · 1 units
- RTM0.3% of classified · 1 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does RH2 rank?
RH2 ranks 1st of 4 postcode districts in Reigate and Banstead for sold price per m², at £6,025/m².
Sold price per m² · postcode districts in Reigate and Banstead
RH2 ranks 1st of 4 postcode districts in Reigate and Banstead for sold price per m², at £6,025/m².
| # | Area | Sold price per m² | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RH2 | £6,025/m² | 12 months to Jun 2026 · from monthly figures | 272 | measured |
| 2 | SM7 | £5,834/m² | 12 months to Jun 2026 · from monthly figures | 180 | measured |
| 3 | KT20 | £5,591/m² | 12 months to Jun 2026 · from monthly figures · 11 of 12 months observed | 180 | measured |
| 4 | RH6 | £4,887/m² | 12 months to Jun 2026 · from monthly figures | 369 | measured |
Gross yield, asking basis · postcode districts in Reigate and Banstead
RH2 ranks 2nd of 4 postcode districts in Reigate and Banstead for gross yield, asking basis, at 4.1%.
| # | Area | Gross yield, asking basis | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | KT20 | 4.4% | 12 months to Sep 2026 · from monthly figures | 198 | measured |
| 2 | RH2 | 4.1% | 12 months to Sep 2026 · from monthly figures | 524 | measured |
| 3 | RH6 | 3.9% | 12 months to Sep 2026 · from monthly figures | 382 | measured |
| 4 | SM7 | 3.5% | 12 months to Sep 2026 · from monthly figures | 211 | measured |
Turnover · postcode districts in Reigate and Banstead
RH2 ranks 2nd of 2 postcode districts in Reigate and Banstead for turnover, at 2.3%.
| # | Area | Turnover | Period | Sample | Tier |
|---|---|---|---|---|---|
| 1 | RH6 | 2.3% | 12 months to Mar 2026 · from monthly figures | 365 | measured |
| 2 | RH2 | 2.3% | 12 months to Mar 2026 · from monthly figures | 270 | measured |
Where next from RH2?
- Reigate and BansteadThe wider market this area sits in.
- KT20Neighbouring postcode district · Asking £5,816/m² · Sep 2026
- RH6Neighbouring postcode district · Asking £5,252/m² · Sep 2026
- SM7Neighbouring postcode district · Asking £6,367/m² · Sep 2026
- CR5Next door, in another authority · Asking £5,430/m² · Sep 2026
- RH1Next door, in another authority · Asking £5,344/m² · Sep 2026
- RH3Next door, in another authority · Asking £5,451/m² · Sep 2026
- RH5Next door, in another authority · Asking £5,220/m² · Sep 2026
Questions about RH2
- What is the median house price in RH2?
- Homes in RH2 sold for a median £663,223 over the 12 months to Jun 2026, 272 sales. Per square metre that is £6,025/m². Registered completions, not asking prices.
- How have house prices in RH2 changed?
- +5.4% over the year to Jul 2026 by the house price index, which follows the same homes over time.
- What is the average rent in RH2?
- Homes to let in RH2 asked a median £2,075/month over the 12 months to Sep 2026, 283 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in RH2?
- 4.1% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Sep 2026, 524 lets. +5.3% on the previous 12 months.
- How quickly do homes sell in RH2?
- 2.3% of the homes in RH2 changed hands over the 12 months to Mar 2026, 270 sales.
- What kind of homes are in RH2?
- RH2 has 11,865 homes, 0.4% laid out as houses in multiple occupation.
Construction costs Context for residential research
Sector and regional evidence. These figures are not a quote for an individual property.
Reading the cost index and the regional factors…
Everything else about RH2
- Property values in RH2Every addressable home with its floor area, tenure and last recorded sale.
- Land and development sites in RH2Registered land with its area, tenure and what stands on it.
- Houses and flats for sale in RH2What is on the market right now, with the evidence beside each asking price.
- Flats and houses to rent in RH2What is available to rent, with the recorded rent and yield beside each asking price.
- Sold house prices in RH2Registered completions from Price Paid, newest first.
- Planning applications in RH2What was proposed, who decided it and whether it was approved.
- Estate agents in RH2Who actually lists here, ranked by volume over 12 months.
Where these figures come from
| Figure | Dataset | Window | Latest | Sample |
|---|---|---|---|---|
| Residential dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| HMO-shaped dwellings | HM Land Registry Price Paid and the address register, 12-month rollup | Latest published | — | — |
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 272 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Jun 2026 | Jun 2026 | 272 sales |
| Asking price | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 1,168 listings |
| Asking price per m² | Portal listings | 12 months to Sep 2026 | Sep 2026 | 597 listings |
| Asking to sold | Portal listings, monthly rollup | 12 months to Oct 2024 | Oct 2024 | 41 matched sales |
| Asking rent | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 283 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 524 lets |
| Turnover | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 270 sales |
| Completed sales | MarketCode market evidence | 12 months to Mar 2026 | Mar 2026 | 396 sales |
| Listings for sale | Portal listings | 12 months to Sep 2026 | Sep 2026 | 597 listings |
| New listings | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 736 listings |
| Price reductions | MarketCode market evidence | 12 months to Sep 2026 | Sep 2026 | 432 listings |
| Live listings | MarketCode market evidence | on 3 Nov 2026 | 3 Nov 2026 | — |
| Days to completion | First listing to registered completion, over the listings matched to a registered sale; not a sell-through rate | 12 months to Oct 2024 | Oct 2024 | 41 matched sales |
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.