Buy-to-let in Reigate and Banstead
Yields, prices, demand and local risks for Reigate and Banstead, covering Banstead, Horley, Redhill and 2 more ranked towns.
Reigate and Banstead in figures
- Gross rental yield
- 4.0% to 4.6%
- By kind of home, across Reigate and Banstead
- Entry price, across its towns
- £375,000 to £555,000
- The cheapest postcode district's median sale
- Price move, 12 months
- +1.5%
- UK House Price Index, across Reigate and Banstead
- Price move, 10 years
- +20.8%
- UK House Price Index, across Reigate and Banstead
- Population
- 159,413
- Reigate and Banstead, +6.6% growth
- Semi-detached houses across Reigate and Banstead let for £1,750/mo against a median sale of £525,000 there: 4.0% gross before costs, on ONS rents and sold prices for the whole authority.
- ONS puts the median rent across the whole local authority at £1,640/mo, which is the figure to check an asking rent against.
- Prices across Reigate and Banstead rose 1.5% over the last year on the mix-adjusted UK HPI, which is measured for the whole local authority.
- Prices +21% over ten years (Reigate and Banstead)
- Financial and insurance activities: 10.3% of jobs against 3.3% across Great Britain (Reigate and Banstead)
- £45,500 stamp duty with the 5% surcharge on a £555,000 buy-to-let
- 259 homes added across Reigate and Banstead
- Band D £2,567 (Reigate and Banstead)
- 1.0% long-term empty across Reigate and Banstead
- +17% five-year forecast for South East as a whole (Savills), not this area
These figures are from Clarity's monthly ranking dataset, one method across every place so they compare. The Reigate and Banstead report measures the area in more depth over its own twelve months, so its figures are the ones to quote.
What sits behind the figures
Prices across Reigate and Banstead moved +20.8% over ten years on the UK House Price Index, and prices are at or near their highest.
Financial and insurance activities is 10.3% of employee jobs in Reigate and Banstead, against 3.3% across Great Britain (9,000 jobs in 2015, 7,000 in 2024). Where one industry carries that much of a local economy, rents and prices tend to move with it. Employee jobs across Reigate and Banstead moved −1.4% from 2015 to 2024 (ONS Business Register and Employment Survey).
58% of the energy performance certificates lodged across Banstead's postcode districts are below band C (5,313 certificates). Clarity measures areas rather than individual homes, so this is the share of the local stock likely to need energy-efficiency work before it meets a band C standard, not a survey of any one property.
A buy-to-let at £555,000 pays £45,500 in Stamp Duty Land Tax, including the 5% surcharge on additional homes.
The five-year forecast quoted above (Savills, South East) is a regional figure for South East as a whole, not a forecast for Reigate and Banstead, and Clarity does not rank on it.
Towns in Reigate and Banstead
| Town | Entry price | Gross yield | Tenant demand |
|---|---|---|---|
| Banstead | £555,000 | 4.0%semi-detached houses | 7/10 |
| Horley | £375,000 | 4.6%terraced houses | 6.5/10 |
| Redhill | £400,000 | 4.6%terraced houses | 6.6/10 |
| Reigate | £495,000 | 4.0%semi-detached houses | 6.9/10 |
| Tadworth | £464,000 | 4.6%terraced houses | 6.7/10 |
Each yield is Reigate and Banstead's, for the kind of home that town's prices point to, and the year's price move is measured across Reigate and Banstead as a whole, so towns pointing to the same kind of home share a yield.
The Reigate and Banstead report
The full report measures Reigate and Banstead from its own sales: sold prices and rents for each type of home, the year's price move, crime per resident and worker, flood risk, planning designations, housing delivery and regeneration funding, with a worked buy-to-let deal on your own budget. This edition was built in October 2026.
Read the cover of the Reigate and Banstead report, free, with its headline figures, before you decide.
You own this report
The latest Clarity PDF report for Reigate and Banstead, monthly rebuilds included.
Read a full Liverpool report, free to see everything a report contains.
Compare it with everywhere else
The investment map ranks Reigate and Banstead against every other place we cover, on your own budget and strategy. Questions about the figures or about us are answered here.
Sources and further reading
- HM Land Registry: UK House Price Index
- HM Land Registry: Price Paid Data (England and Wales)
- Registers of Scotland: property market statistics (Scotland)
- ONS: Price Index of Private Rents
- ONS: Population estimates
- ONS: Business Register and Employment Survey
- MHCLG: Energy Performance of Buildings Data (England and Wales)
- HMRC: Stamp Duty Land Tax
