According to the public record, Flat 10, Merryweather Court 39, Reigate is a modern leasehold apartment with 1,179 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Merryweather Court, Croydon Road, Reigate, RH2.
Croydon Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 10, Merryweather Court 39, Reigate has 2 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated March 2011.
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 10 Merryweather Court 39 Reigate as £387,120 and the rental value as £1,850 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 10 Merryweather Court 39 Reigate has increased by £5,778 (1.5%) and its rental value has increased by £118 per month (6.4%).
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 10, Merryweather Court 39, Reigate is in very good condition we estimate a sale value of £406,476 and rental value of £1,943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,022 and a rental value of £1,721 per month.
If you were able to purchase this property for the estimated value of £387,120, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,903 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 10, Merryweather Court 39, Reigate was last sold on 28 Apr 2017 for £399,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has dropped 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, Merryweather Court 39, Reigate within a radius of 620 metres over the last 2 years.
The most recent example is Flat 4, Fosse Lodge 138, Croydon Road, Reigate, RH2 0NG, a Leasehold flat which sold for £305,000 in Oct 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croydon Road, Reigate, RH2 has a total of 170 addresses. According to our analysis of all the public data, Flat 10, Merryweather Court 39, Reigate is the 55th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £265k less expensive than the average property in RH2.
Flat 10, Merryweather Court 39, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Mar 2011.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 10, Merryweather Court 39, Reigate is Reigate station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 10, Merryweather Court 39, Reigate, 41.2% of property is privately rented and 39.9% 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 10, Merryweather Court 39, Reigate, 13.7% of residents are recorded as possessing school level qualifications and 57.0% 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 10, Merryweather Court 39, 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 10, Merryweather Court 39, Reigate, 0.3% 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 10, Merryweather Court 39, 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.