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South Merstham House Prices

The average house price in South Merstham is £353,250 using HM Land Registry data.

The average property price increased by £50,275 (12.65%) over the last 5 years and increased by £10,050 (2.3%) over the last 12 months.

Over the last year, there were 92 residential property sales – a decrease of 13 transactions (-14.13%) relative to the previous year. The majority of house sales (29) were in the £388,000 - £472,000 range. Then came properties in the £556,000 - £640,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 58 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,876 (-2%).

In Aug 2026, there were 19 new estate agency instructions, 10 agreed home sales and 10 property price reductions.

5-Year Average Property Prices in South Merstham

12.65%

Property prices in South Merstham increased by 12.65% 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

2.3%

Property prices in South Merstham increased by 2.3% 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 - Aug 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
89 Nailsworth Crescent, Redhill, RH1 3JE	£230,000	£230,000	£0	13 Apr 2026	13 Jul 2026	91 Days
19 Taynton Drive, Redhill, RH1 3PX	£375,000	£370,000	-£5,000	13 Mar 2026	06 Jul 2026	115 Days
41 Wood Street, Redhill, RH1 3PE	£435,000	£422,500	-£12,500	11 Dec 2025	29 Jun 2026	200 Days
16 The Moors, Redhill, RH1 2PE	£600,000	£600,000	£0	13 Jan 2026	29 Jun 2026	167 Days
3 Bletchingley Close, Redhill, RH1 3PL	£390,000	£380,000	-£10,000	29 Mar 2026	25 Jun 2026	88 Days
40 Orpin Road, Merstham, RH1 3EZ	£500,000	£495,000	-£5,000	11 Mar 2026	19 Jun 2026	100 Days
9 Daws Place, Redhill, RH1 2NZ	£725,000	£710,000	-£15,000	16 Jan 2026	28 May 2026	132 Days
27 Albury Road, Redhill, RH1 3LP	£575,000	£566,374	-£8,626	26 Dec 2025	15 May 2026	140 Days
164 Orchard Cottages, Quality Street, Redhill, RH1 3BD	£450,000	£437,000	-£13,000	21 May 2025	14 May 2026	358 Days
60b, Albury Road, Redhill, RH1 3LL	£575,000	£575,000	£0	06 Jan 2026	08 May 2026	122 Days
2a Ventnor, Nailsworth Crescent, Redhill, RH1 3JF	£399,950	£392,000	-£7,950	11 Nov 2025	27 Apr 2026	167 Days
16 Southcote Road, Redhill, RH1 3LJ	£650,000	£635,000	-£15,000	12 Dec 2025	21 Apr 2026	130 Days
40 Bletchingley Road, Redhill, RH1 3PJ	£389,950	£389,950	£0	02 Jul 2025	16 Apr 2026	288 Days
135 Nutfield Road, Redhill, RH1 3HH	£400,000	£400,000	£0	01 Sep 2025	13 Apr 2026	224 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
48 Worsted Green, Redhill, RH1 3PW	£475,000	£460,000	-£15,000	21 Aug 2025	27 Mar 2026	218 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

Most Expensive Streets in South Merstham

Postcode	Street	Area	Average	No. of Sales
RH1 3DU	South Close Green	Redhill	£991,250	4
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 3HE	Deans Road	Redhill	£655,000	5
RH1 3BB	Quality Street	Redhill	£622,500	6
RH1 3EX	Orpin Road	Redhill	£621,200	5
RH1 2FT	Canalside	Redhill	£615,166	3

Least Expensive Streets in South Merstham

Postcode	Street	Area	Average	No. of Sales
RH1 2NX	The Kilns	Redhill	£136,071	7
RH1 3GG	School Hill	Redhill	£136,666	3
RH1 3FS	Fieldoaks Way	Redhill	£170,045	11
RH1 3JE	Nailsworth Crescent	Redhill	£209,216	3
RH1 3NE	Malmstone Avenue	Redhill	£226,775	4
RH1 2FW	Canalside	Redhill	£235,133	15
RH1 2NH	Canalside	Redhill	£241,420	22
RH1 3JF	Nailsworth Crescent	Redhill	£244,000	4
RH1 2NP	Thornton Side	Redhill	£257,500	11
RH1 3EE	Station Road	Redhill	£266,812	8