According to the public record, Flat 1, Valley Court 26, Reigate is a modern leasehold apartment with 1,162 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Valley Court, Wray Common Road, Reigate, RH2.
Wray Common Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 1, Valley Court 26, Reigate has 3 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated December 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 1 Valley Court 26 Reigate as £465,237 and the rental value as £1,948 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 1 Valley Court 26 Reigate has decreased by £511 (0.1%) and its rental value has increased by £90 per month (4.6%).
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, Valley Court 26, Reigate is in very good condition we estimate a sale value of £488,498 and rental value of £2,045 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £432,670 and a rental value of £1,812 per month.
If you were able to purchase this property for the estimated value of £465,237, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,286 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, Valley Court 26, Reigate was last sold on 18 Sep 2023 for £650,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Valley Court 26, Reigate within a radius of 660 metres over the last 2 years.
The most recent example is Flat 14, Valley Court 26, Wray Common Road, Reigate, RH2 0ER, a Leasehold flat which sold for £455,000 in Nov 2022.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wray Common Road, Reigate, RH2 has a total of 168 addresses. According to our analysis of all the public data, Flat 1, Valley Court 26, Reigate is the 62nd largest and the 71st most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in RH2.
Flat 1, Valley Court 26, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, Valley Court 26, Reigate is Reigate station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, Valley Court 26, Reigate, 41.7% of property is privately owned with a mortgage and 41.1% 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 Flat 1, Valley Court 26, Reigate, 21.1% of residents are recorded as possessing school level qualifications and 55.9% 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 Flat 1, Valley Court 26, 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, Valley Court 26, 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 Flat 1, Valley Court 26, Reigate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.