According to the public record, Flat 8, Friary Court 48, Reigate is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Friary Court, Croydon Road, Reigate, RH2.
Croydon Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 8, Friary Court 48, Reigate has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated July 2015.
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 8 Friary Court 48 Reigate as £305,533 and the rental value as £1,495 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 8 Friary Court 48 Reigate has increased by £963 (0.3%) and its rental value has increased by £76 per month (5.1%).
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 8, Friary Court 48, Reigate is in very good condition we estimate a sale value of £320,809 and rental value of £1,569 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,145 and a rental value of £1,390 per month.
If you were able to purchase this property for the estimated value of £305,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,502 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 8, Friary Court 48, Reigate was last sold on 04 Sep 2015 for £290,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 4.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Friary Court 48, Reigate within a radius of 620 metres over the last 2 years.
The most recent example is Flat 8, Merryweather Court 39, Croydon Road, Reigate, RH2 0LZ, a Leasehold flat which sold for £340,000 in May 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croydon Road, Reigate, RH2 has a total of 170 addresses. According to our analysis of all the public data, Flat 8, Friary Court 48, Reigate is the 119th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £347k less expensive than the average property in RH2.
Flat 8, Friary Court 48, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jul 2015.
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 8, Friary Court 48, Reigate is Reigate station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Friary Court 48, Reigate, 44.9% of property is privately owned with a mortgage and 22.1% 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 8, Friary Court 48, Reigate, 19.5% of residents are recorded as possessing school level qualifications and 54.1% 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 8, Friary Court 48, 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 8, Friary Court 48, Reigate, 1.7% 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 8, Friary Court 48, Reigate, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.