According to the public record, 5, Ridgegate Close, Reigate is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,836 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Ridgegate Close, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
5, Ridgegate Close, Reigate has 31 entries in the Land Registry database, most recently in December 2007 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 5 Ridgegate Close Reigate as £939,062 and the rental value as £3,292 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 5 Ridgegate Close Reigate has decreased by £12,916 (1.4%) and its rental value has increased by £104 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 5, Ridgegate Close, Reigate is in very good condition we estimate a sale value of £986,015 and rental value of £3,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £873,328 and a rental value of £3,062 per month.
If you were able to purchase this property for the estimated value of £939,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,615 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, 5, Ridgegate Close, Reigate was last sold on 14 Dec 2007 for £725,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Dec 2007, the market for similar properties has risen 59.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ridgegate Close, Reigate within a radius of 890 metres over the last 2 years.
The most recent example is 7, Hitherwood Close, Reigate, RH2 0JJ, a Freehold house which sold for £1,250,000 in Apr 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgegate Close, Reigate, RH2 has a total of 16 addresses. According to our analysis of all the public data, 5, Ridgegate Close, Reigate is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £286k more expensive than the average property in RH2.
The closest station to 5, Ridgegate Close, Reigate is Reigate station which is 1.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Ridgegate Close, Reigate, 52.7% of property is privately owned with a mortgage and 45.9% 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 5, Ridgegate Close, Reigate, 23.7% of residents are recorded as possessing school level qualifications and 55.2% 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 5, Ridgegate Close, 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 5, Ridgegate Close, Reigate, 4.4% 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 5, Ridgegate Close, Reigate, there are an average of 2.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.