According to the public record, 1, Reins Close, Cranleigh is a mid-century freehold house with 1,377 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Reins Close, Cranleigh, GU6 is located in the borough of Waverley within the GU6 postal district.
1, Reins Close, Cranleigh has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Reins Close Cranleigh as £640,790 and the rental value as £2,397 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 1 Reins Close Cranleigh has decreased by £1,365 (0.2%) and its rental value has increased by £88 per month (3.7%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Reins Close, Cranleigh is in very good condition we estimate a sale value of £672,829 and rental value of £2,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £595,935 and a rental value of £2,229 per month.
If you were able to purchase this property for the estimated value of £640,790, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,149 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Reins Close, Cranleigh was last sold on 22 Apr 2022 for £649,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Reins Close, Cranleigh within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 2, Reins Close, Cranleigh, GU6 8GY, a Freehold house which sold for £709,950 in Apr 2022.
Read more about house prices in GU6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reins Close, Cranleigh, GU6 has a total of 4 addresses. According to our analysis of all the public data, 1, Reins Close, Cranleigh is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in GU6.
1, Reins Close, Cranleigh has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Reins Close, Cranleigh is Chilworth station which is 9.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Reins Close, Cranleigh, 48.3% of property is privately owned outright and 29.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Reins Close, Cranleigh, 14.4% of residents are recorded as possessing school level qualifications and 46.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Reins Close, Cranleigh, the average age was 44.3 and the most common age was 17.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Reins Close, Cranleigh, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Reins Close, Cranleigh, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.