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House Prices in RH3

The average house price in RH3 (Betchworth) is £550,375 using HM Land Registry data.

The average property price increased by £180,029 (6.34%) over the last 5 years and increased by £36,072 (1.1%) over the last 12 months.

Over the last year, there were 39 residential property sales – a decrease of 29 transactions (-74.36%) relative to the previous year. The majority of house sales (11) were in the £420,000 - £596,000 range. Then came properties in the £596,000 - £772,000 range, where 11 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-24,198 (-2%).

In Dec 24, there were 2 new estate agency instructions, 3 agreed home sales and 1 property price reductions.

5-Year Average Property Prices in RH3 (Betchworth)

6.34%

Property prices in Betchworth increased by 6.34% 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 RH3 (Betchworth) Over the Last Year

1.1%

Property prices in Betchworth increased by 1.1% 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 RH3 (Betchworth) - Dec 24

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 RH3 (Betchworth)

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 RH3 (Betchworth)

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 RH3 (Betchworth)

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 RH3 (Betchworth) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the RH3 postcode area since 1995.

Recent Sales in RH3 (Betchworth)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 The Walled Garden, Betchworth, Surrey, RH3 7DH	£650,000	£645,000	-£5,000	19 Apr 2024	15 Oct 2024	179 Days
92 Brockham Lane, Brockham, Betchworth, Surrey, RH3 7EQ	£995,000	£965,000	-£30,000	03 May 2024	13 Sep 2024	133 Days
25 The Walled Garden, Betchworth, Surrey, RH3 7DH	£695,000	£660,500	-£34,500	11 May 2024	23 Aug 2024	104 Days
35 Middle Street, Brockham, Betchworth, Surrey, RH3 7JT	£425,000	£425,000	£00	23 Mar 2024	31 Jul 2024	130 Days
15 Wheelers Lane, Brockham, Betchworth, Surrey, RH3 7LA	£799,950	£792,000	-£7,950	21 Mar 2024	25 Jul 2024	126 Days
5 Links View Avenue, Brockham, Betchworth, Surrey, RH3 7EP	£500,000	£500,000	£00	26 Jan 2024	05 Jul 2024	161 Days
82 Brockham Lane, Brockham, Betchworth, Surrey, RH3 7EH	£800,000	£800,000	£00	03 Jan 2024	13 May 2024	131 Days
10 Oakdene Close, Brockham, Betchworth, Surrey, RH3 7JZ	£575,000	£560,000	-£15,000	29 Jun 2023	30 Apr 2024	306 Days
14 Hillside Gardens, Brockham, Betchworth, Surrey, RH3 7EW	£650,000	£630,000	-£20,000	24 Jan 2024	29 Apr 2024	96 Days
Fernbrook, The Street, Betchworth, Surrey, RH3 7DJ	£1,100,000	£1,000,000	-£100,000	04 Dec 2023	24 Apr 2024	142 Days
43 Oakdene Road, Brockham, Betchworth, Surrey, RH3 7JU	£400,000	£390,000	-£10,000	26 Jan 2024	15 Apr 2024	80 Days
17 Middle Green, Brockham, Betchworth, Surrey, RH3 7JL	£895,000	£855,000	-£40,000	08 Mar 2023	11 Apr 2024	400 Days
Burley, Old Road, Buckland, Betchworth, Surrey, RH3 7DU	£1,150,000	£1,150,000	£00	20 Sep 2023	27 Mar 2024	189 Days
Larchfield, Old Road, Buckland, Betchworth, Surrey, RH3 7DU	£800,000	£757,000	-£43,000	05 Jun 2023	18 Mar 2024	287 Days
61 Oakdene Road, Brockham, Betchworth, Surrey, RH3 7JU	£750,000	£730,000	-£20,000	15 Aug 2023	13 Mar 2024	211 Days
28 Nutwood Avenue, Brockham, Betchworth, Surrey, RH3 7LT	£550,000	£520,000	-£30,000	06 Sep 2023	23 Feb 2024	170 Days
28 Oakdene Close, Brockham, Betchworth, Surrey, RH3 7JZ	£600,000	£567,250	-£32,750	01 Jun 2023	09 Jan 2024	222 Days
49 Oakdene Road, Brockham, Betchworth, Surrey, RH3 7JU	£550,000	£545,000	-£5,000	14 Jun 2023	15 Dec 2023	184 Days
21 Middle Street, Brockham, Betchworth, Surrey, RH3 7JT	£350,000	£345,000	-£5,000	26 Sep 2023	08 Dec 2023	73 Days
Gospel Hall, Station Road, Betchworth, Surrey, RH3 7DF	£900,000	£850,000	-£50,000	03 May 2023	07 Dec 2023	218 Days

Most Expensive Streets in RH3 (Betchworth)

Postcode	Street	Area	Average	No. of Sales
RH3 7FF	Firs Way	Betchworth	£1,962,500	3
RH3 7HJ	Wheelers Lane, Brockham	Betchworth	£1,510,333	3
RH3 7BP	Pebble Hill Road	Betchworth	£1,294,333	3
RH3 7AH	Gadbrook Road	Betchworth	£1,126,000	3
RH3 7DR	Old Reigate Road	Betchworth	£1,088,333	3
RH3 7DU	Old Road, Buckland	Betchworth	£1,014,600	5
RH3 7AB	Rykens Lane	Betchworth	£989,500	3
RH3 7EH	Brockham Lane, Brockham	Betchworth	£868,500	5
RH3 7DJ	The Street	Betchworth	£841,666	3
RH3 7DF	Station Road	Betchworth	£810,100	5

Least Expensive Streets in RH3 (Betchworth)

Postcode	Street	Area	Average	No. of Sales
RH3 7HF	Barleymow Court	Betchworth	£356,666	3
RH3 7HW	Middle Street, Brockham	Betchworth	£407,766	3
RH3 7BY	The Quarry	Betchworth	£479,333	3
RH3 7JU	Oakdene Road, Brockham	Betchworth	£483,268	11
RH3 7JD	Tynedale Road, Strood Green	Betchworth	£489,666	3
RH3 7LB	Juniper Walk, Brockham	Betchworth	£518,000	4
RH3 7HX	Tynedale Road, Strood Green	Betchworth	£521,666	3
RH3 7JZ	Oakdene Close, Brockham	Betchworth	£525,688	9
RH3 7JY	Warrenne Road, Brockham	Betchworth	£529,100	4
RH3 7AW	Leigh Road	Betchworth	£533,375	4