Houses for sale in South Merstham, Surrey

There are 90 results for South Merstham, Surrey. Property prices in South Merstham range from £156k to £853k with an average price of £416k.


Properties for sale in South Merstham, Surrey

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Property market in South Merstham

Average asking price £412k typical £400k
Most prices £163k – £849k leaving out the extremes
Homes for sale 90 12 more under offer
New to the market 23 in the last 30 days
Typical time to sell 11 weeks last 12 months
Asking prices, year on year −11.8% homes newly listed
Typical sold price £420k 95 sales in 12 months
Gross rental yield 5.9–7.7% houses 5.9%, flats 7.7%

What's for sale

102 homes · share, count and typical price
Flats and apartments 37.3% 38 · £265k
Terraced houses 24.5% 25 · £485k
Semi-detached houses 15.7% 16 · £512k
Detached houses 12.7% 13 · £650k
Other homes 3.9% 4 · £435k
Land and plots 3.9% 4 · £330k
Park and mobile homes 1.0% 1 · £175k
Bungalows 1.0% 1 · £365k

How many bedrooms

share, count and typical price
1 bedroom 10.0% 10 · £210k
2 bedrooms 43.0% 43 · £325k
3 bedrooms 27.0% 27 · £500k
4 bedrooms 16.0% 16 · £600k
5+ bedrooms 4.0% 4 · £700k

Price bands

102 homes
Under £260k 19.6% 20
£260k – £350k 19.6% 20
£350k – £470k 20.6% 21
£470k – £580k 22.5% 23
£580k and over 17.6% 18

Houses and flats compared

HousesFlats
Share of homes for sale54%37%
Typical asking price£500k£265k
Average bedrooms3.21.8
Typical time to sell10 weeks3 months
Typical sold price£472k£250k
Gross rental yield5.9%7.7%

Asking prices over time

typical asking price of the homes first listed each quarter · −5.3% since 2024 Q4 Median asking price per quarter in South Merstham 2024 Q4: £475k (55 new listings) £475k 2024 Q4 2025 Q1: £450k (82 new listings) £450k 2025 Q1 2025 Q2: £393k (108 new listings) £393k 2025 Q2 2025 Q3: £425k (106 new listings) £425k 2025 Q3 2025 Q4: £413k (66 new listings) £413k 2025 Q4 2026 Q1: £325k (129 new listings) £325k 2026 Q1 2026 Q2: £328k (106 new listings) £328k 2026 Q2 2026 Q3: £450k (73 new listings) £450k 2026 Q3

Prices in and around South Merstham

typical asking price, cheapest first
  1. Redhill £290k
  2. South Merstham £400k
  3. Merstham £425k
  4. Netherne-on-the-Hill £488k
  5. Hooley £525k

Getting to know South Merstham

stations in South Merstham

Schools in South Merstham

2 primary · 0 secondary · 75% rated good or outstanding
  • Lime Tree Primary School primary · Outstanding
  • Furzefield Primary School primary · Good

Based on 102 homes for sale on Houses now, 365 listings that left the market in the last 12 months, the asking prices of the homes listed over the last two years. Sold prices: HM Land Registry Price Paid Data, Sep 2025 to Aug 2026 (Crown copyright). Schools: Ofsted. Updated November 2026.

Frequently asked questions about buying in South Merstham

What is the average house price in South Merstham?

The average home for sale in South Merstham is priced at £412,000. A typical home, the one in the middle of the range, is £400,000. This is based on the 102 homes for sale on Houses right now.

How much does a 2 or 3 bedroom home cost in South Merstham?

A typical 2-bedroom home in South Merstham costs £325,000 and a 3-bedroom home £500,000. So the extra bedroom adds about £175,000. 1-bedroom homes start at around £210,000, and 4-bedroom homes are about £600,000.

What price range should I expect in South Merstham?

Most homes in South Merstham are priced between £163,000 and £849,000, leaving out the very cheapest and most expensive. One in five costs less than £260,000, and one in five £580,000 or more.

How many homes are for sale in South Merstham?

There are 90 homes for sale in South Merstham on Houses right now, plus 12 already under offer. 23 new listings came onto the market in the last 30 days.

Are house prices going up in South Merstham?

No, they are falling. Homes put up for sale in South Merstham over the last 12 months were advertised at a typical £375,000, 12% lower than the year before (£425,000). By size, 1-bedroom homes are down 5%, 2-bedroom homes are down 10% and 3-bedroom homes are down 14%.

How long does it take to sell a home in South Merstham?

Homes usually sell or come off the market within about 11 weeks. About 25% go within the first month, and a quarter take longer than about 5 months. Houses go faster, in about 10 weeks against about 3 months for flats.

What do homes actually sell for in South Merstham?

In the year to August 2026, 95 homes sold in South Merstham at a typical price of £420,000, according to HM Land Registry. Houses sold for about £472,000 and flats for about £250,000.

What rental yield can I get in South Merstham?

About 7.7% gross for flats and 5.9% for houses. That compares typical rents with what flats and houses actually sold for in South Merstham over the last year. Running costs, voids and mortgage interest are not taken off.

What type of homes are for sale in South Merstham?

Flats and apartments are the most common, about 4 in 10 homes for sale in South Merstham. Terraced houses come next, followed by semi-detached houses. Flats and apartments are the cheapest, at about £265,000, and detached houses the most expensive, at about £650,000.

Where are the cheapest places to buy near South Merstham?

Of the areas around South Merstham, Redhill is the cheapest, with a typical asking price of £290,000, followed by Merstham (£425,000) and Netherne-on-the-Hill (£488,000). South Merstham itself is £400,000.

Are homes in South Merstham freehold or leasehold?

About 6 in 10 homes for sale in South Merstham are freehold and the rest leasehold, which is mostly flats. There are 2 new-build homes on the market too.

What are the schools like in South Merstham?

There are 2 primary and 0 secondary schools in South Merstham. 75% of those inspected by Ofsted were rated good or outstanding, and 1 was outstanding.

Which train stations are in or near South Merstham?

Stations in South Merstham include Merstham.