According to the public record, 1, Wesley Close, Reigate is a modern freehold house with 1,463 ft2 of internal area and sits on a 873 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wesley Close, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
1, Wesley Close, Reigate has 21 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
•Public data including the Land Registry and EPC Register is processed and republished under the Government Open Data Licence.
•All values are estimates based on available data. All data and other content are provided subject to our Terms & Conditions.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Wesley Close Reigate as £1,253,688 and the rental value as £3,793 per month giving an expected gross yield of 3.6%.
Over the last 12 months the sale value of 1 Wesley Close Reigate has decreased by £16,374 (1.3%) and its rental value has increased by £130 per month (3.4%).
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, Wesley Close, Reigate is in very good condition we estimate a sale value of £1,316,373 and rental value of £3,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,165,930 and a rental value of £3,527 per month.
If you were able to purchase this property for the estimated value of £1,253,688, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,161 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 data from HM Land Registry, 1, Wesley Close, Reigate sits on a plot of 873m2.
We have plot size data on 4 out of 10 other houses in the postcode and 1, Wesley Close, Reigate sits on the 3rd largest plot.
According to HM Land Registry, 1, Wesley Close, Reigate was last sold on 10 Jun 2022 for £1,460,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Wesley Close, Reigate within a radius of 950 metres over the last 2 years.
The most recent example is 9, Wesley Close, Reigate, RH2 8JS, a Freehold house which sold for £1,050,000 in Jan 2020.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wesley Close, Reigate, RH2 has a total of 10 addresses. According to our analysis of all the public data, 1, Wesley Close, Reigate is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £601k more expensive than the average property in RH2.
1, Wesley Close, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Wesley Close, Reigate is Reigate station which is 1.0 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Wesley Close, Reigate, 60.4% of property is privately rented and 23.4% is privately owned outright.
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, Wesley Close, Reigate, 12.0% of residents are recorded as possessing school level qualifications and 48.1% 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, Wesley Close, Reigate, the average age was 39.5 and the most common age was 47.
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, Wesley Close, Reigate, 3.4% 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, Wesley Close, Reigate, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.