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Reigate and Banstead · report

Renovation in Reigate and Banstead

In 2025, 43% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
43%

Homes finished in Reigate and Banstead, by type of work

Homes added each financial year: new build, and homes gained by converting buildings or changing their use, net of those lost. MHCLG (England) and the Scottish Government.

  • Conversions
  • Extensions
  • New buildings
Show the numbers
YearNew buildingsExtensionsConversionsTotal
2025155—115270
2024391—132523
2023517—143660
2022647—135782
2021504—316820
2020407—83490
2019461—92553
2018502—66568
2017416—170586
2016430—150580
2015415—35450
2014424—39463
2013477—26503

England counts net additions: new build, plus homes gained by converting buildings or changing their use, net of those lost. Scotland counts homes from conversions. Wales and Northern Ireland publish no such split. Years are financial years, April to March, named by the year they end in.

Other reports for Reigate and Banstead

Sale prices have an 80% chance of landing between £477,201 and £532,465 by August 2027.

Expected, August 2027
£504,833
Chance of a rise
81%

At the average sale price, a home costs £485,856. With 10% down and a 30-year mortgage, the payment is £2,242 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
31%
Payment, one income
62%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,652
Owning per month
£2,288

86.6% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
40
Per 1,000 residents
0.3

Figures for United Kingdom: Reigate and Banstead has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 8 times since 1995. The deepest began in May 2008.

Deepest fall
−20.5%
Recovery from the low
51 months

In 2025 the population grew by 856 while 50 homes were finished: 17.1 new residents for every new home.

New residents per new home, 2025
17.1
Population change, 2025
+856

4.1% of the 62,512 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
4.1%
Empty homes
2,560