According to the public record, 2B, Cornfield Road, Reigate is a period leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 2, Cornfield Road, Reigate, RH2.
Cornfield Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
2B, Cornfield Road, Reigate has 81 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated August 2020.
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.
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 2B Cornfield Road Reigate as £236,614 and the rental value as £1,268 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 2B Cornfield Road Reigate has increased by £467 (0.2%) and its rental value has increased by £62 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 2B, Cornfield Road, Reigate is in very good condition we estimate a sale value of £248,444 and rental value of £1,332 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,051 and a rental value of £1,180 per month.
If you were able to purchase this property for the estimated value of £236,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,163 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, 2B, Cornfield Road, Reigate was last sold on 15 Mar 2021 for £212,500 and was recorded as a leasehold flat.
The property has had 8 sales since 1995.
Since Mar 2021, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2B, Cornfield Road, Reigate within a radius of 620 metres over the last 2 years.
The most recent example is Flat 4, 14, Smoke Lane, Reigate, RH2 7HJ, a Leasehold flat which sold for £262,000 in Nov 2021.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornfield Road, Reigate, RH2 has a total of 60 addresses. According to our analysis of all the public data, 2B, Cornfield Road, Reigate is the 60th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £416k less expensive than the average property in RH2.
2B, Cornfield Road, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2B, Cornfield Road, 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 2B, Cornfield Road, Reigate, 56.3% of property is privately owned with a mortgage and 32.8% 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 2B, Cornfield Road, Reigate, 31.1% of residents are recorded as possessing school level qualifications and 58.2% 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 2B, Cornfield Road, 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 2B, Cornfield Road, Reigate, 0.2% 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 2B, Cornfield Road, 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.