According to the public record, Flat 4, Cedar House, Reigate is a mid-century leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Cedar House, Oakfield Drive, Reigate, RH2.
Oakfield Drive, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 4, Cedar House, Reigate has 41 entries in the Land Registry database, most recently in March 2010 and a single entry in the EPC database dated October 2021.
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.
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 4 Cedar House Reigate as £282,002 and the rental value as £1,448 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 4 Cedar House Reigate has increased by £607 (0.2%) and its rental value has increased by £72 per month (4.9%).
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 4, Cedar House, Reigate is in very good condition we estimate a sale value of £296,102 and rental value of £1,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £262,262 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £282,002, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,386 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 4, Cedar House, Reigate was last sold on 31 Mar 2010 for £145,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2010, the market for similar properties has risen 48.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Cedar House, Reigate within a radius of 750 metres over the last 2 years.
The most recent example is Flat 1, Rowan House, Oakfield Drive, Reigate, RH2 9NZ, a Leasehold flat which sold for £300,000 in Apr 2022.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakfield Drive, Reigate, RH2 has a total of 40 addresses. According to our analysis of all the public data, Flat 4, Cedar House, Reigate is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £371k less expensive than the average property in RH2.
Flat 4, Cedar House, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 4, Cedar House, Reigate is Reigate station which is 500 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Cedar House, Reigate, 36.6% of property is privately owned outright and 31.7% 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 4, Cedar House, Reigate, 19.0% of residents are recorded as possessing school level qualifications and 54.9% 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 4, Cedar House, 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 4, Cedar House, Reigate, 0.4% 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 4, Cedar House, Reigate, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.