Pay vs Place

Reigate and Banstead vs Wokingham: buying or renting a home

A typical terraced house costs £53,000 (14%) more in Reigate and Banstead than in Wokingham. Measured against local pay, buying is harder in Reigate and Banstead: it takes 10.1× median annual pay, against 7.4× in Wokingham.

Reigate and Banstead, terraced
£438,000
Income typically needed: £87,500
Median full-time pay: £43,434
Wokingham, terraced
£385,000
Income typically needed: £77,000
Median full-time pay: £52,222

At a glance

Reigate and Banstead Wokingham
Buying a home Very expensive Expensive
Renting a home Very expensive Expensive
Recorded crime Low Low

Buying rates the typical price of all homes against median pay; renting rates a year of average rent against median pay; crime rates recorded crime per resident against the England and Wales average.

What the numbers say

Median full-time pay in Wokingham (£52,222) is 20% higher than in Reigate and Banstead (£43,434), while a typical terraced house costs 12% less (£385,000 against £438,000). Set against local pay, Wokingham is the easier of the two for a typical earner to buy in.

Buying a terraced house takes 10.1× annual pay in Reigate and Banstead and 7.4× in Wokingham. Renting one takes 46% of pay in Reigate and Banstead and 32% in Wokingham. Both are harder in Reigate and Banstead, and the gap is wider for renting.

Across all property types and measured against pay, Reigate and Banstead is the 29th most expensive of 316 areas to buy in, and Wokingham is the 81st most expensive of 316 areas. For renting against pay, Reigate and Banstead is the 48th most expensive of 316 areas and Wokingham is around the middle of 316 areas (150th most expensive).

Someone on £40,000 in Reigate and Banstead would need about £35,000 in Wokingham to be equally placed to buy a terraced house, and about £34,000 to be equally placed to rent one. Keeping the same pay after a move to Wokingham would leave you better placed to buy. These figures compare housing costs only; they ignore other living costs and the pay you could earn in a new job.

Police recorded 59.8 crimes per 1,000 residents in Reigate and Banstead and 39.2 in Wokingham, so recorded crime per resident is 34% lower in Wokingham. The biggest difference is in residential burglary: 5.2 per 1,000 in Reigate and Banstead against 2.9 in Wokingham.

Can a typical earner buy?

Terraced house Reigate and Banstead Wokingham
Median full-time pay £43,434 £52,222
House price ÷ pay 10.1× 7.4×
Median pay as a share of income typically needed to buy 50% 68%
Rent a year as a share of median pay 46% 32%

Buying, by property type

Type Reigate and Banstead Wokingham Difference
Detached £812,500 £670,000 -18% in Wokingham
Semi-detached £540,000 £482,000 -11% in Wokingham
Terraced £438,000 £385,000 -12% in Wokingham
Flat £260,000 £260,000 0% in Wokingham

Renting, by property type

Type (average rent a month) Reigate and Banstead Wokingham Difference
Detached £2,396 £2,120 -12% in Wokingham
Semi-detached £1,751 £1,679 -4% in Wokingham
Terraced £1,654 £1,401 -15% in Wokingham
Flat £1,318 £1,206 -8% in Wokingham

Crime

Police recorded 59.8 crimes per 1,000 residents in Reigate and Banstead and 39.2 in Wokingham, so recorded crime per resident is 34% lower in Wokingham.

Police recorded crime per 1,000 residents Reigate and Banstead Wokingham Difference
All recorded crime (excluding fraud) 59.8 39.2 -34% in Wokingham
Violence against the person 24.2 14.9 -38% in Wokingham
Sexual offences 2.4 1.6 -31% in Wokingham
Robbery 0.5 0.4 -23% in Wokingham
Residential burglary (per 1,000 households) 5.2 2.9 -44% in Wokingham
Vehicle offences 3.8 2.2 -41% in Wokingham
Theft from the person 0.3 0.2 -48% in Wokingham
Criminal damage and arson 5.6 3.5 -38% in Wokingham

Rates use resident population, so city centres and student areas show higher crime per resident than residents experience. Recorded crime also depends on reporting and police recording practice.

How prices have changed in each area

Average house price for all property types, indexed so that 2005 is 100. A line at 200 means prices have doubled.

Reigate and Banstead: 194Wokingham: 203
House prices in Reigate and Banstead and Wokingham since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Reigate and Banstead now 194, Wokingham now 203.10015020025020052010201520202025House prices in Reigate and Banstead and Wokingham since 2005, indexed so that 2005 is 100Prices indexed to 2005 = 100. Reigate and Banstead now 194, Wokingham now 203.10015020025020102020
Show the figures
YearReigate and BansteadWokingham
2005100100
2006103105
2007116117
2008115115
2009102104
2010113113
2011113114
2012116115
2013121120
2014136135
2015151151
2016165168
2017169170
2018171171
2019168166
2020174171
2021178177
2022193191
2023194197
2024193195
2025195205
12 months to July 2026194203

In 2005 the average home cost £247,666 in Reigate and Banstead and £245,648 in Wokingham. Now it is £481,000 and £498,516: Reigate and Banstead is up 94% and Wokingham is up 103%. Prices have risen faster in Wokingham, so the gap between the two has narrowed.

Buying a home against local pay, over time

Average house price divided by median full-time pay. Higher means harder to afford.

Reigate and Banstead: 11.1 years of payWokingham: 9.6 years of pay
Years of median pay needed to buy the average home in Reigate and Banstead and WokinghamReigate and Banstead now 11.1, Wokingham now 9.6 years of pay.0×5×10×15×20052010201520202025Years of median pay needed to buy the average home in Reigate and Banstead and WokinghamReigate and Banstead now 11.1, Wokingham now 9.6 years of pay.0×5×10×15×20052010201520202025
Show the figures
YearReigate and BansteadWokingham
20058.6 years of pay7.6 years of pay
20108.1 years of pay7.8 years of pay
201510.7 years of pay9.9 years of pay
202010.8 years of pay11.0 years of pay
202511.1 years of pay9.6 years of pay

In 2005 a home cost 8.6 years of pay in Reigate and Banstead and 7.6 years in Wokingham. In 2025 it was 11.1 years and 9.6 years.

Affordability has worsened more in Reigate and Banstead over that time.

How rents have changed in each area

Average monthly rent for all property types, indexed so that 2015 is 100.

Reigate and Banstead: 147Wokingham: 139
Rents in Reigate and Banstead and Wokingham since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Reigate and Banstead now 147, Wokingham now 139.100120140160201620182020202220242026Rents in Reigate and Banstead and Wokingham since 2015, indexed so that 2015 is 100Rents indexed to 2015 = 100. Reigate and Banstead now 147, Wokingham now 139.100120140160201520202025
Show the figures
YearReigate and BansteadWokingham
2015100100
2016103102
2017107105
2018107103
2019108104
2020110103
2021112104
2022115106
2023124112
2024135126
2025143137
August 2026147139

In 2015 the average rent was £1,117 a month in Reigate and Banstead and £1,057 in Wokingham. Now it is £1,640 and £1,466: up 47% in Reigate and Banstead and up 39% in Wokingham. Rents have risen faster in Reigate and Banstead.

What your salary is worth in each area

Salary needed to afford the same kind of home (terraced), going by median prices and average rents.

Moving from Reigate and Banstead to Wokingham

Earning in Reigate and Banstead Equivalent to buy in Wokingham Equivalent to rent in Wokingham
£30,000 £26,500 £25,500
£40,000 £35,000 £34,000
£50,000 £44,000 £42,500
£60,000 £52,500 £51,000

Moving from Wokingham to Reigate and Banstead

Earning in Wokingham Equivalent to buy in Reigate and Banstead Equivalent to rent in Reigate and Banstead
£30,000 £34,000 £35,500
£40,000 £45,500 £47,000
£50,000 £57,000 £59,000
£60,000 £68,500 £71,000
Prices are medians for each property type over the last 12 months of registered sales; types with fewer than 100 sales in either area are left out. Rents are ONS averages for the area. Pay is the median for full-time employees living in the area, before tax. Income needed is illustrative: it assumes a 10% deposit and a lender willing to lend 4.5 times income. Real lending depends on your circumstances. Salary equivalents compare housing costs only, not other living costs, tax or the pay you could earn in a new job.

All Reigate and Banstead figures · All Wokingham figures