According to the public record, Flat 12, Colebrooke Lodge 36, Reigate is a modern leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Colebrooke Lodge, Prices Lane, Reigate, RH2.
Prices Lane, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 12, Colebrooke Lodge 36, Reigate has a single entry in the Land Registry database from July 2021 and a single entry in the EPC database dated March 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 good condition, we estimate the current sale value for Flat 12 Colebrooke Lodge 36 Reigate as £505,032 and the rental value as £2,034 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 12 Colebrooke Lodge 36 Reigate has increased by £114 (0.0%) and its rental value has increased by £96 per month (4.7%).
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 12, Colebrooke Lodge 36, Reigate is in very good condition we estimate a sale value of £530,284 and rental value of £2,135 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,680 and a rental value of £1,891 per month.
If you were able to purchase this property for the estimated value of £505,032, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,482 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 12, Colebrooke Lodge 36, Reigate was last sold on 09 Jul 2021 for £530,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2021, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Colebrooke Lodge 36, Reigate within a radius of 570 metres over the last 2 years.
The most recent example is Flat 30, Colebrooke Lodge 36, Prices Lane, Reigate, RH2 8EE, a Leasehold flat which sold for £560,950 in Oct 2022.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prices Lane, Reigate, RH2 has a total of 181 addresses. According to our analysis of all the public data, Flat 12, Colebrooke Lodge 36, Reigate is the 48th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £148k less expensive than the average property in RH2.
Flat 12, Colebrooke Lodge 36, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 12, Colebrooke Lodge 36, Reigate is Reigate station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, Colebrooke Lodge 36, Reigate, 35.4% of property is privately owned outright and 28.6% is socially rented.
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 12, Colebrooke Lodge 36, Reigate, 18.9% of residents are recorded as possessing school level qualifications and 25.3% 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 12, Colebrooke Lodge 36, 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 Flat 12, Colebrooke Lodge 36, Reigate, 0.0% 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 12, Colebrooke Lodge 36, Reigate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.