The short answer is . . no!
But that doesn’t mean you’re at the end of the road. While you can’t measure the fluctuation, you can probably fix it. New bearing, new bearing lubrication, repair of worn bearing, new belt, new motor. Somewhere in there is your answer. A belt driven TT is really a very simple thing. Is there support for this sort of thing at Rega? Is there a forum of Rega users where you might find good advice?