According to the public record, Flat 5, 52, Park Lane East, Reigate is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 52, Park Lane East, Reigate, RH2.
Park Lane East, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 5, 52, Park Lane East, Reigate has 3 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated May 2019.
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 5 52 Park Lane East Reigate as £343,515 and the rental value as £1,557 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 5 52 Park Lane East Reigate has increased by £77 (0.0%) and its rental value has increased by £74 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 5, 52, Park Lane East, Reigate is in very good condition we estimate a sale value of £360,690 and rental value of £1,635 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,469 and a rental value of £1,448 per month.
If you were able to purchase this property for the estimated value of £343,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,688 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 5, 52, Park Lane East, Reigate was last sold on 12 Jul 2019 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2019, 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 5, 52, Park Lane East, Reigate within a radius of 840 metres over the last 2 years.
The most recent example is Flat 4, Priory Oaks 54, Park Lane East, Reigate, RH2 8HR, a Leasehold flat which sold for £385,000 in Jun 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane East, Reigate, RH2 has a total of 147 addresses. According to our analysis of all the public data, Flat 5, 52, Park Lane East, Reigate is the 106th largest and the 105th most expensive property on the street.
When compared to the postcode district it is £309k less expensive than the average property in RH2.
Flat 5, 52, Park Lane East, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2019.
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 5, 52, Park Lane East, Reigate is Reigate station which is 1.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, 52, Park Lane East, Reigate, 56.8% of property is privately owned outright and 32.0% 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 5, 52, Park Lane East, Reigate, 20.5% of residents are recorded as possessing school level qualifications and 57.8% 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 5, 52, Park Lane East, 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 5, 52, Park Lane East, Reigate, 2.8% 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 5, 52, Park Lane East, Reigate, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.