According to the public record, Flat 2, 14, Smoke Lane, Reigate is a period leasehold apartment with 396 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 14, Smoke Lane, Reigate, RH2.
Smoke Lane, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 2, 14, Smoke Lane, Reigate has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated September 2010.
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 2 14 Smoke Lane Reigate as £212,707 and the rental value as £1,107 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 2 14 Smoke Lane Reigate has increased by £113 (0.1%) and its rental value has increased by £53 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 2, 14, Smoke Lane, Reigate is in very good condition we estimate a sale value of £223,342 and rental value of £1,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,818 and a rental value of £1,030 per month.
If you were able to purchase this property for the estimated value of £212,707, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,045 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 2, 14, Smoke Lane, Reigate was last sold on 09 Oct 2018 for £176,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 14, Smoke Lane, Reigate within a radius of 610 metres over the last 2 years.
The most recent example is Flat 12, Park View 105, Bell Street, Reigate, RH2 7JB, a Leasehold flat which sold for £245,000 in Dec 2021.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smoke Lane, Reigate, RH2 has a total of 60 addresses. According to our analysis of all the public data, Flat 2, 14, Smoke Lane, Reigate is the 60th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £440k less expensive than the average property in RH2.
Flat 2, 14, Smoke Lane, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2010.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 2, 14, Smoke Lane, Reigate is Reigate station which is 1.3 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 14, Smoke Lane, Reigate, 47.4% of property is privately owned with a mortgage and 46.6% is privately owned outright.
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 2, 14, Smoke Lane, Reigate, 25.1% of residents are recorded as possessing school level qualifications and 52.9% 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 2, 14, Smoke Lane, 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 2, 14, Smoke Lane, 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 2, 14, Smoke Lane, Reigate, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.