According to the public record, Flat 5, Alders House 20, Reigate is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Alders House, Alders Road, Reigate, RH2.
Alders Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 5, Alders House 20, Reigate has 31 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated October 2014.
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 5 Alders House 20 Reigate as £264,698 and the rental value as £1,326 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 5 Alders House 20 Reigate has increased by £3 (0.0%) and its rental value has increased by £64 per month (4.8%).
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, Alders House 20, Reigate is in very good condition we estimate a sale value of £277,933 and rental value of £1,392 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £246,169 and a rental value of £1,233 per month.
If you were able to purchase this property for the estimated value of £264,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,301 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, Alders House 20, Reigate was last sold on 18 Jul 2023 for £265,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2023, the market for similar properties has dropped 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Alders House 20, Reigate within a radius of 690 metres over the last 2 years.
The most recent example is Flat 2, 27, Croydon Road, Reigate, RH2 0LY, a Leasehold flat which sold for £185,000 in Aug 2020.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alders Road, Reigate, RH2 has a total of 43 addresses. According to our analysis of all the public data, Flat 5, Alders House 20, Reigate is the 38th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £388k less expensive than the average property in RH2.
Flat 5, Alders House 20, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Oct 2014.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Flat 5, Alders House 20, Reigate is Reigate station which is 700 metres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 5, Alders House 20, Reigate, 54.6% of property is privately owned outright and 22.1% is privately rented.
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, Alders House 20, Reigate, 14.4% of residents are recorded as possessing school level qualifications and 48.7% 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, Alders House 20, 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 5, Alders House 20, Reigate, 1.1% 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, Alders House 20, Reigate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.