According to the public record, 113, Park Lane East, Reigate is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 376 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Park Lane East, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
113, Park Lane East, Reigate has a single entry in the Land Registry database from June 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 113 Park Lane East Reigate as £340,761 and the rental value as £1,580 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 113 Park Lane East Reigate has increased by £6,565 (1.9%) and its rental value has increased by £106 per month (6.7%).
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 113, Park Lane East, Reigate is in very good condition we estimate a sale value of £357,799 and rental value of £1,659 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,908 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £340,761, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,675 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, 113, Park Lane East, Reigate was last sold on 14 Jun 2013 for £125,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2013, the market for similar properties has risen 52.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.1 kilometres radius of 113, Park Lane East, Reigate over the last 2 years.
The most recent example is 105, Park Lane East, Reigate, RH2 8LH, a Freehold house which sold for £555,000 in Sep 2021.
Read more about house prices in RH2.
Park Lane East, Reigate, RH2 has a total of 147 addresses. According to our analysis of all the public data, 113, Park Lane East, Reigate is the 147th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £312k less expensive than the average property in RH2.
The closest station to 113, Park Lane East, Reigate is Reigate station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 113, Park Lane East, Reigate, 46.6% of property is privately owned with a mortgage and 38.2% 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 113, Park Lane East, Reigate, 23.3% of residents are recorded as possessing school level qualifications and 43.3% 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 113, Park Lane East, Reigate, the average age was 39.1 and the most common age was 12.
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 113, Park Lane East, Reigate, 1.0% 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 113, Park Lane East, Reigate, 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.