According to the public record, 3, Albion Road, Reigate is a period leasehold apartment with 726 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 3, Albion Road, Reigate, RH2.
Albion Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
3, Albion Road, Reigate has 2 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated January 2010.
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 3 Albion Road Reigate as £395,043 and the rental value as £1,668 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 3 Albion Road Reigate has increased by £304 (0.1%) and its rental value has increased by £81 per month (4.9%).
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 3, Albion Road, Reigate is in very good condition we estimate a sale value of £414,795 and rental value of £1,752 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,390 and a rental value of £1,551 per month.
If you were able to purchase this property for the estimated value of £395,043, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,942 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, 3, Albion Road, Reigate was last sold on 05 Mar 2020 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2020, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Albion Road, Reigate within a radius of 600 metres over the last 2 years.
The most recent example is 16, Bancroft Court, Reigate, RH2 7RW, a Leasehold flat which sold for £460,000 in Mar 2024.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Road, Reigate, RH2 has a total of 53 addresses. According to our analysis of all the public data, 3, Albion Road, Reigate is the 49th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £258k less expensive than the average property in RH2.
3, Albion Road, Reigate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jan 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 3, Albion Road, Reigate is Reigate station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Albion Road, Reigate, 50.8% of property is privately owned with a mortgage and 31.1% 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 3, Albion Road, Reigate, 26.7% of residents are recorded as possessing school level qualifications and 67.5% 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 3, Albion Road, 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 3, Albion Road, Reigate, 0.3% 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 3, Albion Road, Reigate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.