According to the public record, 3, Pilgrims Way, Reigate is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Pilgrims Way, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
3, Pilgrims Way, Reigate has a single entry in the Land Registry database from July 2016 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 3 Pilgrims Way Reigate as £2,074,408 and the rental value as £5,087 per month giving an expected gross yield of 2.9%.
Over the last 12 months the sale value of 3 Pilgrims Way Reigate has decreased by £31,973 (1.5%) and its rental value has increased by £158 per month (3.1%).
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, Pilgrims Way, Reigate is in very good condition we estimate a sale value of £2,178,128 and rental value of £5,341 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,929,199 and a rental value of £4,730 per month.
If you were able to purchase this property for the estimated value of £2,074,408, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £10,195 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, Pilgrims Way, Reigate was last sold on 11 Jul 2016 for £2,650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 15.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Pilgrims Way, Reigate within a radius of 770 metres over the last 2 years.
The most recent example is 28, Pilgrims Way, Reigate, RH2 9LG, a Freehold house which sold for £2,100,000 in Jul 2024.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pilgrims Way, Reigate, RH2 has a total of 32 addresses. According to our analysis of all the public data, 3, Pilgrims Way, Reigate is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £1.422m more expensive than the average property in RH2.
The closest station to 3, Pilgrims Way, Reigate is Reigate station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 3, Pilgrims Way, Reigate, 40.9% of property is privately owned outright and 37.8% 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 3, Pilgrims Way, Reigate, 19.3% of residents are recorded as possessing school level qualifications and 61.5% 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, Pilgrims Way, Reigate, the average age was 41.7 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 3, Pilgrims Way, Reigate, 3.3% 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, Pilgrims Way, 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.