According to the public record, Flat 12, Pevensey House, Reigate is a mid-century apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pevensey House, Castle Close, Reigate, RH2.
Castle Close, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 12, Pevensey House, Reigate has no records in the Land Registry database and a single entry in the EPC database dated March 2019.
We combine this information with public data 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 12 Pevensey House Reigate as £244,047 and the rental value as £1,289 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 12 Pevensey House Reigate has increased by £483 (0.2%) and its rental value has increased by £62 per month (4.8%).
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, Pevensey House, Reigate is in very good condition we estimate a sale value of £256,249 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £226,963 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £244,047, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,199 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Pevensey House, Reigate within a radius of 790 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 Close, Reigate, RH2 has a total of 24 addresses. According to our analysis of all the public data, Flat 12, Pevensey House, Reigate is the 20th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £409k less expensive than the average property in RH2.
Flat 12, Pevensey House, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 12, Pevensey House, Reigate is Earlswood (Surrey) station which is 2.5 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 12, Pevensey 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, Pevensey 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, Pevensey 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, Pevensey 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, Pevensey 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.