According to the public record, 37B, Somers Road, Reigate is a period apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 37, Somers Road, Reigate, RH2.
Somers Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
37B, Somers Road, Reigate has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
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 37B Somers Road Reigate as £305,227 and the rental value as £1,490 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 37B Somers Road Reigate has increased by £4 (0.0%) and its rental value has increased by £71 per month (4.8%).
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 37B, Somers Road, Reigate is in very good condition we estimate a sale value of £320,489 and rental value of £1,565 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £283,862 and a rental value of £1,386 per month.
If you were able to purchase this property for the estimated value of £305,227, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,500 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 37B, Somers Road, Reigate within a radius of 640 metres over the last 2 years.
The most recent example is 37C, Somers Road, Reigate, RH2 9DY, a Leasehold flat which sold for £289,000 in Jan 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somers Road, Reigate, RH2 has a total of 131 addresses. According to our analysis of all the public data, 37B, Somers Road, Reigate is the 62nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £347k less expensive than the average property in RH2.
37B, Somers Road, Reigate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Nov 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using electric storage heaters.
The closest station to 37B, Somers Road, Reigate is Reigate station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around 37B, Somers Road, Reigate, 54.9% of property is privately rented and 24.3% 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 37B, Somers Road, Reigate, 14.8% of residents are recorded as possessing school level qualifications and 48.4% 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 37B, Somers Road, 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 37B, Somers Road, Reigate, 2.6% 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 37B, Somers Road, Reigate, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.