According to the public record, 120, Park Lane East, Reigate is a mid-century freehold house with 1,033 ft2 of internal area and sits on a 258 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Lane East, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
120, Park Lane East, Reigate has a single entry in the Land Registry database from March 2018 and a single entry in the EPC database dated December 2012.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 120 Park Lane East Reigate as £454,256 and the rental value as £2,254 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 120 Park Lane East Reigate has increased by £8,752 (1.9%) and its rental value has increased by £151 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 120, Park Lane East, Reigate is in very good condition we estimate a sale value of £476,968 and rental value of £2,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,458 and a rental value of £2,097 per month.
If you were able to purchase this property for the estimated value of £454,256, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,233 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, 120, Park Lane East, Reigate sits on a plot of 258m2.
We have plot size data on 11 out of 32 other houses in the postcode and 120, Park Lane East, Reigate sits on the 3rd largest plot.
According to HM Land Registry, 120, Park Lane East, Reigate was last sold on 09 Mar 2018 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2018, the market for similar properties has risen 19.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Park Lane East, Reigate within a radius of 980 metres over the last 2 years.
The most recent example is 112, Park Lane East, Reigate, RH2 8LW, a Freehold house which sold for £485,000 in Aug 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane East, Reigate, RH2 has a total of 147 addresses. According to our analysis of all the public data, 120, Park Lane East, Reigate is the 52nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in RH2.
120, Park Lane East, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 120, Park Lane East, Reigate is Reigate station which is 1.7 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 120, Park Lane East, Reigate, 60.2% of property is socially rented and 18.5% 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 120, Park Lane East, Reigate, 24.3% of residents are recorded as possessing school level qualifications and 28.5% 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 120, 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 120, Park Lane East, Reigate, 0.0% 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 120, Park Lane East, Reigate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.