According to the public record, 23, Weald Way, Reigate is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 828 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Weald Way, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
23, Weald Way, Reigate has 21 entries in the Land Registry database, most recently in April 2006 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.
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 23 Weald Way Reigate as £427,056 and the rental value as £2,173 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 23 Weald Way Reigate has increased by £8,726 (2.0%) and its rental value has increased by £147 per month (6.8%).
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 23, Weald Way, Reigate is in very good condition we estimate a sale value of £448,409 and rental value of £2,281 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,162 and a rental value of £2,021 per month.
If you were able to purchase this property for the estimated value of £427,056, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,099 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, 23, Weald Way, Reigate was last sold on 21 Apr 2006 for £240,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Weald Way, Reigate within a radius of 680 metres over the last 2 years.
The most recent example is 15, Weald Way, Reigate, RH2 7RG, a Freehold house which sold for £600,000 in Jul 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weald Way, Reigate, RH2 has a total of 32 addresses. According to our analysis of all the public data, 23, Weald Way, Reigate is the 22nd largest and the 30th most expensive property on the street.
When compared to the postcode district it is £226k less expensive than the average property in RH2.
The closest station to 23, Weald Way, Reigate is Earlswood (Surrey) station which is 1.9 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Weald Way, Reigate, 39.6% of property is privately owned outright and 36.8% 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 23, Weald Way, Reigate, 21.2% of residents are recorded as possessing school level qualifications and 31.4% 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 23, Weald Way, Reigate, the average age was 40.8 and the most common age was 57.
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 23, Weald Way, Reigate, 1.9% 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 23, Weald Way, 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.