The median home in South Merstham sells for £422,500
That is the middle of 299 standard sales recorded by HM Land Registry from September 2023 to August 2026, against £277,000 in the typical UK town. The typical home sells for 7 times as much as in 1995. Below: what each type of home sells for, the spread of prices, every year since 1995, new builds, the busiest streets and the neighbours. Rents and council tax are on Cost of living.
A third of South Merstham’s sales are terraced houses
299 homes sold in three years: 40 detached houses, 76 semi-detached houses, 96 terraced houses and 87 flats and maisonettes. A detached house sells for 2.4 times what a flat does.
Detached houses£643K
median sale · 40 sold in 3 years
Middle half
£550K–£785K
Last 12 months
£633K9 sold
Semi-detached houses£495K
median sale · 76 sold in 3 years
Middle half
£430K–£610K
Last 12 months
£513K20 sold
New build
£638K
Terraced houses£418K
median sale · 96 sold in 3 years
Middle half
£390K–£475K
Last 12 months
£442K36 sold
Flats and maisonettes£273K
median sale · 87 sold in 3 years
Middle half
£225K–£318K
Last 12 months
£250K31 sold
The mix
A mixed market: no one type makes up more than 32% of sales
Detached houses13%
Semi-detached houses25%
Terraced houses32%
Flats and maisonettes29%
Standard sales, Sep 2023 to Aug 2026. A median needs 5 sales of a type; “middle half” is the 25th to 75th percentile of 10 or more.
Price range
Half of South Merstham’s homes sold for between £317K and £540K
One sale in ten was under £232K and one in ten over £650K. 12% sold for under £250K.
Sales by price · Sep 2023 to Aug 2026
The median, £422,500, sits in the £400–500K band
299 standard sales. Each bar is the number sold in that price band; the darker bar holds the median.
Since 1995
The typical home costs 7 times as much as in 1995, a faster rise than England’s
Land Registry has recorded every sale since 1995. The median went from £59,950 in 1995 to £421,250 in the last 12 months (£345,000 in 2019).
31 years of sales
Fewer homes sell than in most years
96 sales in the last 12 months, against 263 in 2007, the busiest year, and 97 in 2024. Sales fell by 46% from 2007 to 2009 in the financial crisis, and the median by 7%. 2021, the stamp duty holiday, saw 94% more sales than 2020.
Homes soldMedian sale price
Against England
South Merstham costs more than England as a whole
Median sale price each calendar year: South Merstham, every standard sale in England, and the typical UK town (the middle of the town medians, towns of 2,500 or more).
By type
Semi-detached houses rose the most since 1995
1995
2000
2005
2010
2015
2020
Last 12 months
Detached houses
£109K
£213K
£333K
£468K
£460K
£610K
£633K
Semi-detached houses
£64K
£117K
£198K
£249K
£343K
£420K
£513K
Terraced houses
£60K
£118K
£206K
£250K
£287K
£420K
£442K
Flats and maisonettes
£47K
£80K
£165K
£175K
£228K
£243K
£250K
Calendar years; a year’s median needs 5 sales of the type, so gaps are years with fewer.
Prices are as paid, not adjusted for inflation. Standard (category A) sales only; Land Registry adds a sale when it is registered, so the newest months fill in later.
New builds
Hardly any new homes: 1% of sales in the last 12 months
563 new homes have been sold in South Merstham since 1995; the share peaked at 51% in 2008.
New-build share of sales
Calendar years with 10 or more sales, then the last 12 months.
New builds and tenure · 3 years
A new home sold for a median £622,500
against £415,000 for a home sold on, 50% more, over three years. New homes are often a different mix from the homes sold on, so part of the gap is size and type.
29% of sales were leasehold
Nearly every flat in England and Wales is leasehold; among houses, 1.4% sold leasehold in South Merstham. A leasehold buyer owns the home for a fixed term and may pay ground rent and service charges; check the lease before you buy.
Streets
Nutfield Road is South Merstham’s busiest street, with 19 sales in three years
20 streets had five or more sales from Sep 2023 to Aug 2026, 5 of them ten or more. A busy street is often a new estate selling its first homes, or a long road of terraces and flats.
#
Street
Postcode area
Sales
Median
Homes
1
Nutfield Road
RH1
19
£615,000
Mixed
2
Albury Road
RH1
17
£423,500
Mixed
3
Canalside
RH1
17
£262,500
Mostly flats
4
Oakley Gardens
RH1
14
£622,500
Mixed · new builds
5
Radstock Way
RH1
13
£460,000
Mostly semi-detached houses
6
Malmstone Avenue
RH1
8
£407,500
Mixed
7
The Moors
RH1
8
£397,500
Mixed
8
Fieldoaks Way
RH1
8
£175,000
Mostly flats
9
Orpin Road
RH1
7
£540,000
Mostly semi-detached houses
10
Ash Close
RH1
7
£390,000
Mixed
11
London Road South
RH1
7
£300,500
Mostly flats
12
Bletchingley Road
RH1
6
£453,000
Mixed
13
Chilberton Drive
RH1
6
£425,500
Mixed
14
Albert Road
RH1
6
£425,000
Mostly terraced houses
15
Mansfield Drive
RH1
6
£397,500
Mostly terraced houses
Dearest streets
Oakley Gardens: £622,500
South Merstham median£423K
Oakley Gardens£623K
Nutfield Road£615K
Orpin Road£540K
Endsleigh Road£466K
Radstock Way£460K
Cheapest streets
Fieldoaks Way: £175,000
South Merstham median£423K
Fieldoaks Way£175K
Nailsworth Crescent£259K
Canalside£263K
London Road South£301K
Taynton Drive£380K
Among streets with five or more sales; the dearest street’s median is 3.6 times the cheapest’s. Street medians mix types: a street of detached houses beats one of flats.
Standard sales with a street name, grouped by street and postcode district (Sep 2023 to Aug 2026); a name used in two districts shows the district. Medians only: we don’t list individual sales.
Across Surrey
South Merstham is the 57th most expensive of 66 towns in Surrey
South Merstham is one of Surrey’s cheapest towns to buy in; the typical UK town’s median is £277,000.
Median: standard sales over three years (10+ needed). Since 2016: the median over three years against 2016’s. Miles: centre to centre.
Questions about property prices in South Merstham
What is the average house price in South Merstham?
The median home in South Merstham sold for £422,500 from September 2023 to August 2026, across 299 standard sales (£421,250 in the last 12 months). By type: detached houses £642,500, semi-detached houses £495,000, terraced houses £418,000 and flats and maisonettes £273,000.
Are house prices going up in South Merstham?
The median was £423,750 in 2025, about the same on 2024 (£420,000), and £421,250 in the last 12 months. A town’s median moves with the mix of homes sold each year as well as with prices.
How many homes sell in South Merstham each year?
96 standard sales were recorded in the last 12 months, against an average of 151 a year since 2015. Repossessions, company purchases and other non-standard sales aren’t counted.
What are the most expensive streets in South Merstham?
Among streets with five or more sales in three years: Oakley Gardens (RH1, £622,500), Nutfield Road (RH1, £615,000) and Orpin Road (RH1, £540,000).
How much does a new build cost in South Merstham?
New homes sold for a median £622,500 over three years, against £415,000 for homes sold on. New builds were 4.7% of sales.
Is South Merstham expensive for Surrey?
South Merstham is the 57th most expensive of 66 towns of 2,500 or more in Surrey by median sale price.
Sources: HM Land Registry Price Paid, every standard sale since January 1995 (yearly files of 28 September 2026), inside the ONS 2022 built-up-area boundary by postcode (ONS Postcode Directory) · TownRatings grades: our own summary of the data, ranked against UK towns only. All under the Open Government Licence v3.0.