RH2 8LZ is a residential postcode situated on New North Road, Reigate, RH2 with 41 addresses.
It ranks as the 665th largest and 292nd most expensive of the 695 postcodes in the RH2 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 41 properties: 41 houses.
RH2 8LZ is a residential postcode situated on New North Road, Reigate, RH2 with 41 addresses.
It ranks as the 665th largest and 292nd most expensive of the 695 postcodes in the RH2 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 41 properties: 41 houses.
Sale prices range from £405,075 for 3 bedroom freehold houses with a garden (613 ft2) to £779,649 for 4 bedroom freehold houses with a garden (1,926 ft2) .
Monthly rental prices range from £1,954 pcm for 3 bed houses to £3,009 pcm for 4 bed houses.
The gross rental yield is between 4.6% and 5.8%.
The average value per square foot is £543.
The last sale in RH2 8LZ sold for £625,000 on 1st September 2023. Since then prices are up an average of 2.9%.
The current average value in the postcode is £560,149.
The RH2 8LZ Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £560,149 |
| April 2025 | 2.6% | £566,689 |
| April 2024 | -0.6% | £552,086 |
| April 2023 | 0.5% | £555,239 |
| April 2022 | 9% | £552,414 |
| April 2021 | 4.7% | £506,730 |
| April 2020 | 2.6% | £484,206 |
| April 2019 | 0.7% | £472,032 |
| April 2018 | -3.2% | £468,632 |
| April 2017 | 4.3% | £483,916 |
| April 2016 | 10.5% | £463,955 |
| April 2015 | 13.2% | £419,889 |
| April 2014 | 7.3% | £370,834 |
| April 2013 | 5% | £345,689 |
| April 2012 | 5.9% | £329,310 |
| April 2011 | 3.8% | £311,009 |
| April 2010 | 7.7% | £299,522 |
| April 2009 | -15.8% | £278,056 |
| April 2008 | 9.4% | £330,040 |
| April 2007 | 0% | £301,634 |
The current average rental value in the postcode is £2,518.
The RH2 8LZ Rental Market has increased by 49.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.3% | £2,518pcm |
| April 2025 | 4.9% | £2,415pcm |
| April 2024 | 5.4% | £2,301pcm |
| April 2023 | 9.1% | £2,183pcm |
| April 2022 | 8.5% | £2,001pcm |
| April 2021 | 5.3% | £1,844pcm |
| April 2020 | 1.4% | £1,752pcm |
| April 2019 | 3.1% | £1,727pcm |
| April 2018 | -1.4% | £1,675pcm |
| April 2017 | 1.2% | £1,699pcm |
| April 2016 | -0.6% | £1,680pcm |
| April 2015 | 9.9% | £1,690pcm |
| April 2014 | 6.6% | £1,538pcm |
| April 2013 | 7.1% | £1,443pcm |
| April 2012 | 6.7% | £1,347pcm |
| April 2011 | 4.6% | £1,262pcm |
| April 2010 | 3.2% | £1,207pcm |
| April 2009 | -7.2% | £1,169pcm |
| April 2008 | 6.3% | £1,260pcm |
| April 2007 | 0% | £1,185pcm |
The last sale was on 1st September 2023 for £625,000 and since then the market in the area has increased by 2.9%. The postcode has had a total of 64 sales since 1995.
RH2 8LZ has seen 1 sale in the last three years and no sales in the last twelve months.
RH2 8LZ is the 665th largest and the 292nd most expensive postcode out of the 695 postcodes in the RH2 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around RH2 8LZ, 46.6% of property is privately owned with a mortgage and 38.2% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around RH2 8LZ, 23.3% of residents are recorded as possessing school level qualifications and 43.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around RH2 8LZ, the average age was 39.1 and the most common age was 12.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around RH2 8LZ, 1.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around RH2 8LZ, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.