According to the public record, Flat 7, Wray Mill House, Reigate is a modern leasehold apartment with 1,537 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Wray Mill House, Batts Hill, Reigate, RH2.
Batts Hill, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 7, Wray Mill House, Reigate has a single entry in the Land Registry database from December 2012 and a single entry in the EPC database dated September 2011.
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 7 Wray Mill House Reigate as £669,807 and the rental value as £2,658 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 7 Wray Mill House Reigate has increased by £16,141 (2.4%) and its rental value has increased by £179 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 7, Wray Mill House, Reigate is in very good condition we estimate a sale value of £703,298 and rental value of £2,791 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £622,921 and a rental value of £2,472 per month.
If you were able to purchase this property for the estimated value of £669,807, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,292 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 7, Wray Mill House, Reigate was last sold on 19 Dec 2012 for £655,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2012, the market for similar properties has risen 35.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Wray Mill House, Reigate within a radius of 660 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 7, Wray Mill House, Reigate is the 29th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in RH2.
Flat 7, Wray Mill House, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2011.
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 7, Wray Mill House, 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 7, Wray Mill House, 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 7, Wray Mill House, 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 7, Wray Mill House, 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 7, Wray Mill House, 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 7, Wray Mill House, 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.