According to the public record, Flat 4, Codes House, Reigate is a modern leasehold apartment with 861 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Codes House, Yorke Road, Reigate, RH2.
Yorke Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 4, Codes House, Reigate has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated August 2022.
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 good condition, we estimate the current sale value for Flat 4 Codes House Reigate as £459,680 and the rental value as £1,877 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 4 Codes House Reigate has increased by £456 (0.1%) and its rental value has increased by £92 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, Codes House, Reigate is in very good condition we estimate a sale value of £482,664 and rental value of £1,971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,503 and a rental value of £1,745 per month.
If you were able to purchase this property for the estimated value of £459,680, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,259 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, Codes House, Reigate was last sold on 04 Nov 2022 for £465,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Codes House, Reigate within a radius of 580 metres over the last 2 years.
The most recent example is Flat 2, Codes House, Yorke Road, Reigate, RH2 9HG, a Leasehold flat which sold for £450,000 in May 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yorke Road, Reigate, RH2 has a total of 71 addresses. According to our analysis of all the public data, Flat 4, Codes House, Reigate is the 48th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £193k less expensive than the average property in RH2.
Flat 4, Codes House, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 4, Codes House, Reigate is Reigate station which is 300 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, Codes House, Reigate, 45.4% of property is privately rented and 31.9% 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 4, Codes House, Reigate, 19.6% of residents are recorded as possessing school level qualifications and 49.0% 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, Codes House, Reigate, the average age was 39.5 and the most common age was 47.
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, Codes House, Reigate, 0.7% 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, Codes 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.