According to the public record, Flat 4, The Lodge, Reigate is a modern leasehold apartment with 1,550 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Lodge, Batts Hill, Reigate, RH2.
Batts Hill, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 4, The Lodge, Reigate has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated August 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 4 The Lodge Reigate as £757,184 and the rental value as £3,005 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 4 The Lodge Reigate has increased by £18,246 (2.4%) and its rental value has increased by £202 per month (6.7%).
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 4, The Lodge, Reigate is in very good condition we estimate a sale value of £795,043 and rental value of £3,155 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £704,181 and a rental value of £2,795 per month.
If you were able to purchase this property for the estimated value of £757,184, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,721 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, The Lodge, Reigate was last sold on 25 Jan 2022 for £775,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, The Lodge, Reigate within a radius of 680 metres over the last 2 years.
The most recent example is Flat 19, Wray Mill House, Batts Hill, Reigate, RH2 0LJ, a Leasehold flat which sold for £737,500 in Jan 2024.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Batts Hill, Reigate, RH2 has a total of 54 addresses. According to our analysis of all the public data, Flat 4, The Lodge, Reigate is the 28th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £105k more expensive than the average property in RH2.
Flat 4, The Lodge, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 4, The Lodge, Reigate is Redhill station which is 1.2 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, The Lodge, Reigate, 60.1% of property is privately owned outright and 28.3% 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, The Lodge, Reigate, 21.5% of residents are recorded as possessing school level qualifications and 57.3% 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, The Lodge, Reigate, the average age was 38.6 and the most common age was 37.
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, The Lodge, Reigate, 5.5% 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, The Lodge, 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.