Here’s a comprehensive property market update for Horley, Surrey (RH6) covering all property types, prices, and current trends:
1. Market Overview
- Average house price in Horley over the past 12 months is approximately £476k (based on 424 transactions), up from ~£458k in 2024 and currently around £513k in 2025 .
- Sold‑price data for the last 3 months show an average of £415k, with yearly sales volume of 424 properties totalling £201.9 million
- Overall average asking price currently: £482k, with time-on-market averaging 13 weeks.
3. Recent and Notable Sales
Significant recent sales include:
- Detached from £600k–995k, e.g. £995k sale in April 2025 .
- Semi-detached flats typically between £400k–£550k.
- Terraced homes: £300k–£400k.
- Flats: £230k, with some sub‑£200k listings.
4. Market Trends & Sentiment
- Surrey region shows resilience: national asking prices rose 1.4% YoY; South East +2.5% .
- Predictions anticipate +4% price growth in 2025 across Surrey and SW London, supported by interest rate cuts and strong demand in prime regions .
- Bank of England expected to cut base rates up to 4 times in 2025, which may ease mortgage affordability .
- Surrey average property price: £650k overall; flats £
5. Time on Market & Activity
- Asking properties spend an average of 13 weeks on market .
- New-home sales in Surrey saw strong finishes into 2024 and momentum into 2025.
6. Outlook & Key Insights
- Detached homes: strong upper range £600k average, with £800–995k for premium), stable demand.
- Semi-detached: attractive family options averaging £455k.
- Terraced: solid mid-range £370–380k.
- Flats: entry-level opportunities in the low £200k–300k range.
Drivers Going Forward:
Mortgage rates expected to fall, boosting buyer confidence.
Stamp Duty timing and affordability improvements may drive short-term surges.
7. Summary
- Entry-level (flats): £220k–300k
- Terraced homes: £370k–400k
- Semi-detached: £450k–550k
- Detached: £600k–1m+, depending on size & location
- Forecast: +4% uplift in 2025 with good market momentum across Surrey
If you require an up to date valuation on your home please contact us on 01293 775 518 or email [email protected] or visit our website www.mayhewestates.co.uk
