According to the public record, 38, Park Lane East, Reigate is a early-century house with 2,917 ft2 of internal area and sits on a 1,466 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Park Lane East, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
38, Park Lane East, Reigate has no records in the Land Registry database and a single entry in the EPC database dated April 2019.
We combine this information with public data 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 38 Park Lane East Reigate as £1,388,868 and the rental value as £3,852 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 38 Park Lane East Reigate has decreased by £20,872 (1.5%) and its rental value has increased by £120 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 38, Park Lane East, Reigate is in very good condition we estimate a sale value of £1,458,312 and rental value of £4,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,291,648 and a rental value of £3,582 per month.
If you were able to purchase this property for the estimated value of £1,388,868, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,826 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, 38, Park Lane East, Reigate sits on a plot of 1466m2.
We have plot size data on 11 out of 19 other houses in the postcode and 38, Park Lane East, Reigate sits on the largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Park Lane East, Reigate within a radius of 720 metres over the last 2 years.
The most recent example is 36, Smoke Lane, Reigate, RH2 7HJ, a Freehold house which sold for £815,000 in Oct 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, 38, Park Lane East, Reigate is the 2nd largest and the 5th most expensive property on the street.
When compared to the postcode district it is £736k more expensive than the average property in RH2.
38, Park Lane East, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Apr 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 38, Park Lane East, Reigate is Reigate station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 38, Park Lane East, Reigate, 47.4% of property is privately owned with a mortgage and 46.6% 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 38, Park Lane East, Reigate, 25.1% of residents are recorded as possessing school level qualifications and 52.9% 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 38, 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 38, Park Lane East, Reigate, 1.1% 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 38, Park Lane East, Reigate, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.