According to the public record, Flat 9, Ridings Court 22, Reigate is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ridings Court, Prices Lane, Reigate, RH2.
Prices Lane, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 9, Ridings Court 22, Reigate has 3 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated September 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 9 Ridings Court 22 Reigate as £217,095 and the rental value as £1,165 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 9 Ridings Court 22 Reigate has increased by £49 (0.0%) and its rental value has increased by £55 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 9, Ridings Court 22, Reigate is in very good condition we estimate a sale value of £227,950 and rental value of £1,223 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,898 and a rental value of £1,084 per month.
If you were able to purchase this property for the estimated value of £217,095, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,067 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 9, Ridings Court 22, Reigate was last sold on 28 Apr 2023 for £215,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has dropped 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Ridings Court 22, Reigate within a radius of 570 metres over the last 2 years.
The most recent example is Flat 31, Ridings Court 22, Prices Lane, Reigate, RH2 8BP, a Leasehold flat which sold for £189,500 in May 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prices Lane, Reigate, RH2 has a total of 181 addresses. According to our analysis of all the public data, Flat 9, Ridings Court 22, Reigate is the 90th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £436k less expensive than the average property in RH2.
Flat 9, Ridings Court 22, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 9, Ridings Court 22, Reigate is Reigate station which is 2.1 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Ridings Court 22, Reigate, 35.4% of property is privately owned outright and 28.6% is socially 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 9, Ridings Court 22, Reigate, 18.9% of residents are recorded as possessing school level qualifications and 25.3% 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 9, Ridings Court 22, 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 9, Ridings Court 22, Reigate, 0.0% 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 9, Ridings Court 22, Reigate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.