According to the public record, Flat 12, Lewes House, Reigate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 867 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Lewes House, Castle Drive, Reigate, RH2.
Castle Drive, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 12, Lewes House, Reigate has 21 entries in the Land Registry database, most recently in April 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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.
1Sales dated prior to 2007 are shown, but are not used in our calculations.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 12 Lewes House Reigate as £261,088 and the rental value as £1,341 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 12 Lewes House Reigate has decreased by £4,348 (1.7%) and its rental value has increased by £39 per month (2.9%).
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, Lewes House, Reigate is in very good condition we estimate a sale value of £274,142 and rental value of £1,408 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,812 and a rental value of £1,247 per month.
If you were able to purchase this property for the estimated value of £261,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,283 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, Lewes House, Reigate was last sold on 30 Apr 2007 for £159,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2007, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Lewes House, Reigate within a radius of 870 metres over the last 2 years.
The most recent example is Flat 8, Arundel House, Castle Close, Reigate, RH2 8DH, a Leasehold flat which sold for £250,000 in Dec 2021.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Drive, Reigate, RH2 has a total of 61 addresses. According to our analysis of all the public data, Flat 12, Lewes House, Reigate is the 21st largest and the 26th most expensive property on the street.
When compared to the postcode district it is £392k less expensive than the average property in RH2.
The closest station to Flat 12, Lewes House, Reigate is Earlswood (Surrey) station which is 2.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, Lewes House, Reigate, 52.5% of property is socially rented and 23.8% 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 12, Lewes House, Reigate, 29.3% of residents are recorded as possessing school level qualifications and 24.3% 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, Lewes House, Reigate, the average age was 40.8 and the most common age was 57.
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, Lewes House, 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, Lewes House, 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.