According to the public record, Flat 2, Wray Coppice, Reigate is a modern leasehold apartment with 893 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Wray Coppice, Oaks Road, Reigate, RH2.
Oaks Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 2, Wray Coppice, Reigate has 2 entries in the Land Registry database, most recently in June 2022 and a single entry in the EPC database dated July 2013.
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 Wray Coppice Reigate as £450,162 and the rental value as £1,823 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 2 Wray Coppice Reigate has increased by £1,419 (0.3%) and its rental value has increased by £92 per month (5.1%).
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, Wray Coppice, Reigate is in very good condition we estimate a sale value of £472,670 and rental value of £1,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,650 and a rental value of £1,695 per month.
If you were able to purchase this property for the estimated value of £450,162, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,212 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, Wray Coppice, Reigate was last sold on 17 Jun 2022 for £499,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2022, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Wray Coppice, Reigate within a radius of 710 metres over the last 2 years.
The most recent example is Flat 1, Wray Coppice, Oaks Road, Reigate, RH2 0LE, a Leasehold flat which sold for £467,500 in Jul 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oaks Road, Reigate, RH2 has a total of 25 addresses. According to our analysis of all the public data, Flat 2, Wray Coppice, Reigate is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in RH2.
Flat 2, Wray Coppice, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Air source heat pump, electric.
The closest station to Flat 2, Wray Coppice, Reigate is Reigate station which is 1.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Wray Coppice, Reigate, 41.7% of property is privately owned with a mortgage and 41.1% 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, Wray Coppice, Reigate, 21.1% of residents are recorded as possessing school level qualifications and 55.9% 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, Wray Coppice, 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 2, Wray Coppice, Reigate, 2.6% 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, Wray Coppice, Reigate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.