According to the public record, Flat 15, Canella Place 15, Reigate is a modern apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Canella Place, Wray Park Road, Reigate, RH2.
Wray Park Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 15, Canella Place 15, 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 15 Canella Place 15 Reigate as £456,197 and the rental value as £1,852 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 15 Canella Place 15 Reigate has increased by £6 (0.0%) and its rental value has increased by £89 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 15, Canella Place 15, Reigate is in very good condition we estimate a sale value of £479,006 and rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,263 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £456,197, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,242 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 15, Canella Place 15, Reigate within a radius of 620 metres over the last 2 years.
The most recent example is Flat 2, The Beeches 13, Wray Park Road, Reigate, RH2 0US, a Leasehold flat which sold for £580,000 in Feb 2020.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wray Park Road, Reigate, RH2 has a total of 147 addresses. According to our analysis of all the public data, Flat 15, Canella Place 15, Reigate is the 98th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in RH2.
Flat 15, Canella Place 15, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 15, Canella Place 15, Reigate is Reigate station which is 400 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 15, Canella Place 15, Reigate, 54.6% of property is privately owned outright and 22.1% is privately 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 15, Canella Place 15, Reigate, 14.4% of residents are recorded as possessing school level qualifications and 48.7% 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 15, Canella Place 15, 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 15, Canella Place 15, Reigate, 1.1% 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 15, Canella Place 15, Reigate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.