According to the public record, 2, Millway, Reigate is a mid-century freehold house with 1,851 ft2 of internal area and sits on a 882 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Millway, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
2, Millway, Reigate has 31 entries in the Land Registry database, most recently in May 2021 and a single entry in the EPC database dated August 2020.
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 2 Millway Reigate as £982,861 and the rental value as £3,289 per month giving an expected gross yield of 4%.
Over the last 12 months the sale value of 2 Millway Reigate has decreased by £7,992 (0.8%) and its rental value has increased by £122 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 2, Millway, Reigate is in very good condition we estimate a sale value of £1,032,004 and rental value of £3,454 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £914,060 and a rental value of £3,059 per month.
If you were able to purchase this property for the estimated value of £982,861, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,830 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, 2, Millway, Reigate sits on a plot of 882m2.
We have plot size data on 12 out of 16 other houses in the postcode and 2, Millway, Reigate sits on the 6th largest plot.
According to HM Land Registry, 2, Millway, Reigate was last sold on 26 May 2021 for £975,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since May 2021, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Millway, Reigate within a radius of 680 metres over the last 2 years.
The most recent example is 14, The Cedars, Reigate, RH2 0RR, a Freehold house which sold for £830,000 in Mar 2024.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millway, Reigate, RH2 has a total of 16 addresses. According to our analysis of all the public data, 2, Millway, Reigate is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £330k more expensive than the average property in RH2.
2, Millway, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2020.
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 2, Millway, Reigate is Redhill station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Millway, Reigate, 35.0% of property is privately owned with a mortgage and 28.9% 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 2, Millway, Reigate, 23.9% of residents are recorded as possessing school level qualifications and 62.5% 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 2, Millway, Reigate, the average age was 38.6 and the most common age was 37.
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 2, Millway, Reigate, 2.4% 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 2, Millway, Reigate, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.