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South Merstham House Prices

The average house price in South Merstham is £284,975 using HM Land Registry data.

The average property price increased by £39,371 (9.87%) over the last 5 years and increased by £7,871 (1.83%) over the last 12 months.

Over the last year, there were 67 residential property sales – a decrease of 51 transactions (-76.12%) relative to the previous year. The majority of house sales (17) were in the £388,000 - £472,000 range. Then came properties in the £220,000 - £304,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 132 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,913 (-2%).

In Jun 2026, there were 31 new estate agency instructions, 21 agreed home sales and 21 property price reductions.

5-Year Average Property Prices in South Merstham

9.87%

Property prices in South Merstham increased by 9.87% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in South Merstham Over the Last Year

1.83%

Property prices in South Merstham increased by 1.83% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for South Merstham - Jun 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in South Merstham

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in South Merstham

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in South Merstham

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the South Merstham since 1995

Using HM Land Registry data, this chart displays average annual house prices in the South Merstham area since 1995.

Recent Property Sales in South Merstham

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
40 Bletchingley Road, Redhill, RH1 3PJ	£389,950	£389,950	£0	02 Jul 2025	16 Apr 2026	288 Days
Flat 7, 22 24 Amy Court, Albury Road, Redhill, RH1 3LS	£180,000	£180,000	£0	26 Nov 2025	07 Apr 2026	132 Days
8 Chilmark Gardens, Redhill, RH1 3NX	£540,000	£530,000	-£10,000	30 Apr 2025	31 Mar 2026	335 Days
Flat 10, 9, The Kilns, Redhill, RH1 2FZ	£425,000	£425,000	£0	10 Nov 2025	30 Mar 2026	140 Days
146 Nutfield Road, Merstham, RH1 3HG	£650,000	£650,000	£0	26 Aug 2025	13 Mar 2026	199 Days
Flat 9, 3 Scotia Court, Station Road North, Redhill, RH1 3GH	£328,000	£317,000	-£11,000	09 Jul 2025	09 Mar 2026	243 Days
Flat 2, Albury Place, Albury Road, Redhill, RH1 3LP	£165,000	£157,500	-£7,500	19 Aug 2025	27 Feb 2026	192 Days
46 Delabole Road, Redhill, RH1 3PA	£450,000	£445,000	-£5,000	28 Jul 2025	26 Feb 2026	213 Days
22 Endsleigh Road, Redhill, RH1 3LX	£450,000	£446,000	-£4,000	08 Aug 2025	26 Feb 2026	202 Days
178 Radstock Way, Merstham, RH1 3NS	£675,000	£628,500	-£46,500	05 Sep 2025	17 Feb 2026	165 Days
Flat 1, Grange Court, Grange Drive, Redhill, RH1 3DZ	£380,000	£375,000	-£5,000	09 Jun 2025	12 Feb 2026	248 Days
4 Denray, Devon Road, Redhill, RH1 3EU	£700,000	£687,500	-£12,500	13 Aug 2025	05 Feb 2026	176 Days
18 Ash Close, Redhill, RH1 3HJ	£415,000	£400,000	-£15,000	18 Jun 2025	30 Jan 2026	226 Days
20 Fieldoaks Way, Redhill, RH1 3FS	£500,000	£490,000	-£10,000	27 May 2025	22 Jan 2026	240 Days
Flat 2, 54, Malmstone Avenue, Redhill, RH1 3NE	£250,000	£244,100	-£5,900	17 Mar 2025	16 Jan 2026	305 Days
Flat 7, 5 Wychwood, London Road South, Redhill, RH1 3AZ	£235,000	£225,000	-£10,000	20 Mar 2025	12 Dec 2025	267 Days
2 York Cottages, Quality Street, Redhill, RH1 3BB	£475,000	£468,000	-£7,000	02 May 2025	05 Dec 2025	217 Days
10 Grain Cottage, Homefarm Place, Redhill, RH1 3ET	£650,000	£618,000	-£32,000	25 Jun 2025	05 Dec 2025	163 Days
43 Thornton Side, Redhill, RH1 2NP	£275,000	£272,500	-£2,500	14 Feb 2025	28 Nov 2025	287 Days
Flat 3, Downside Court, Nutfield Road, Redhill, RH1 3EL	£299,950	£290,000	-£9,950	26 Mar 2025	14 Nov 2025	233 Days

Most Expensive Streets in South Merstham

Postcode	Street	Area	Average	No. of Sales
RH1 3DU	South Close Green	Redhill	£971,666	3
RH1 3ET	Homefarm Place	Redhill	£964,500	4
RH1 3DY	Grange Close	Redhill	£759,000	5
RH1 3EU	Devon Road	Redhill	£719,785	7
RH1 3HG	Nutfield Road	Redhill	£694,625	6
RH1 3AX	London Road South	Redhill	£679,600	5
RH1 3HH	Nutfield Road	Redhill	£663,100	5
RH1 3HE	Deans Road	Redhill	£655,000	5
RH1 3BB	Quality Street	Redhill	£622,500	6
RH1 3EX	Orpin Road	Redhill	£618,375	4

Least Expensive Streets in South Merstham

Postcode	Street	Area	Average	No. of Sales
RH1 2NX	The Kilns	Redhill	£136,071	7
RH1 3FS	Fieldoaks Way	Redhill	£162,875	12
RH1 3NE	Malmstone Avenue	Redhill	£226,775	4
RH1 2FW	Canalside	Redhill	£227,955	17
RH1 3JF	Nailsworth Crescent	Redhill	£236,000	4
RH1 2NH	Canalside	Redhill	£240,619	23
RH1 2NP	Thornton Side	Redhill	£257,500	11
RH1 3EE	Station Road	Redhill	£266,812	8
RH1 2GR	Mithian Court	Montagu Crescent	£275,750	16
RH1 3EL	Downside Court	Nutfield Road	£276,666	3