According to the public record, Flat 1, Heathfield, Reigate is a period leasehold apartment with 1,948 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in Heathfield, Reigate Heath, Reigate, RH2.
Reigate Heath, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 1, Heathfield, Reigate has 2 entries in the Land Registry database, most recently in February 2020 and a single entry in the EPC database dated September 2016.
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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 Heathfield Reigate as £1,114,625 and the rental value as £4,424 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 1 Heathfield Reigate has increased by £20,281 (1.8%) and its rental value has increased by £294 per month (6.6%).
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 Flat 1, Heathfield, Reigate is in very good condition we estimate a sale value of £1,170,356 and rental value of £4,645 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,036,601 and a rental value of £4,114 per month.
If you were able to purchase this property for the estimated value of £1,114,625, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,478 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, Flat 1, Heathfield, Reigate was last sold on 14 Feb 2020 for £1,240,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2020, the market for similar properties has risen 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 1.8 kilometres radius of Flat 1, Heathfield, Reigate over the last 2 years.
The most recent example is Flat 6, Heathfield, Reigate Heath, Reigate, RH2 8QR, a Leasehold flat which sold for £212,500 in Jul 2020.
Read more about house prices in RH2.
Reigate Heath, Reigate, RH2 has a total of 56 addresses. According to our analysis of all the public data, Flat 1, Heathfield, Reigate is the 17th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £462k more expensive than the average property in RH2.
Flat 1, Heathfield, Reigate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Sep 2016.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, Heathfield, Reigate is Reigate station which is 2.2 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Heathfield, Reigate, 46.2% of property is privately owned outright and 42.3% 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 Flat 1, Heathfield, Reigate, 12.1% of residents are recorded as possessing school level qualifications and 39.0% 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 Flat 1, Heathfield, 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 Flat 1, Heathfield, Reigate, 6.6% 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 Flat 1, Heathfield, Reigate, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.