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3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF

How much is 3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF worth?

Estimated value — November 2026

£513,000

Likely range £420,000 – £624,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale December 1999

65%

confidence

High

Typically within 9% of the sale price

Property details

Semi-detached house

Spencer Way · Redhill · RH1 5LF

Address

District
Reigate and Banstead
County
Surrey
See house prices in RH1 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k£800k20002002200420062008201020122014201620182020202220242026£513,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£163,291£142,464 – £196,266
2001£179,449£155,856 – £208,402
2002£218,586£188,163 – £253,288
2003£230,930£196,987 – £268,041
2004£249,517£211,078 – £291,875
2005£250,735£210,425 – £294,851
2006£266,356£222,388 – £313,100
2007£300,118£249,477 – £353,202
2008£258,946£213,952 – £305,565
2009£273,237£224,069 – £324,265
2010£289,431£236,087 – £344,393
2011£284,776£231,121 – £341,053
2012£295,581£240,377 – £355,107
2013£308,967£251,030 – £373,316
2014£363,292£295,413 – £441,708
2015£400,669£357,087 – £452,686
2016£411,208£363,685 – £467,929
2017£428,832£376,357 – £491,464
2018£431,317£375,605 – £497,812
2019£433,543£374,596 – £503,899
2020£457,432£392,128 – £535,376
2021£467,228£397,349 – £550,632
2022£514,134£433,744 – £610,083
2023£491,202£411,059 – £586,857
2024£498,466£413,749 – £599,580
2025£494,171£406,824 – £598,424
2026£513,000£420,000 – £624,000

Sale history

1998Sold
£119,500
1999Sold
+17%£140,000
2026Today — estimated
+266%£513,000

Mortgage calculator

£2,753

Estimated monthly repayment

£461,700

Loan amount

£529,488

Total interest

£991,188

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF is a semi-detached house on Spencer Way in Redhill, Surrey. Stede's estimated value for November 2026 is £513,000. Four in five similar homes sold within their likely range when tested; for this property that range is £420,000 to £624,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 81 similar homes in the same postcode sector (25%). The confidence score is 65 out of 100 (high): estimates like this one are typically within 9% of the eventual sale price.

It last sold in December 1999 for £140,000. It has 2 sales on record, the earliest in 1998. The current estimate is 266% higher than that price. The current owner has held it for about 27 years.

The modelled value is up 1% over the past year and up 9% over the past five years.

Among 10 nearby properties Stede tracks in the RH1 area, estimated values run from £321,000 to £612,000. This semi-detached house's £513,000 sits around the middle of that range.

Common questions

How much is 3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF worth?

Stede estimates 3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF is worth £513,000 as of November 2026, within a likely range of £420,000 to £624,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF last sell?

It last sold in December 1999 for £140,000. There are 2 sales on record, the earliest in 1998.

What type of property is 3 Spencer Way, Redhill, Reigate And Banstead, Surrey, RH1 5LF?

It is recorded as a Semi-detached house on Spencer Way in the RH1 postcode area.

How reliable is this estimate?

The confidence score is 65 out of 100 (high). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 81 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 26,680 real sales of similar homes.

  • Its sale in December 1999, brought up to today with the House Price Index£517,20075%
  • 81 similar homes sold recently in the same postcode sector£500,12025%

Estimate £513,000, likely £420,000 – £624,000

Read the full methodology and data sources →