According to the public record, Lower Flat, 6, Nutley Lane, Reigate is a period apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 6, Nutley Lane, Reigate, RH2.
Nutley Lane, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Lower Flat, 6, Nutley Lane, Reigate has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 Lower Flat 6 Nutley Lane Reigate as £247,457 and the rental value as £1,387 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Lower Flat 6 Nutley Lane Reigate has increased by £4,503 (1.8%) and its rental value has increased by £92 per month (6.6%).
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 Lower Flat, 6, Nutley Lane, Reigate is in very good condition we estimate a sale value of £259,830 and rental value of £1,457 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £230,135 and a rental value of £1,290 per month.
If you were able to purchase this property for the estimated value of £247,457, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,216 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, Lower Flat, 6, Nutley Lane, Reigate was last sold on 25 Mar 1998 for £40,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lower Flat, 6, Nutley Lane, Reigate within a radius of 710 metres over the last 2 years.
The most recent example is Flat 4, 28, Somers Road, Reigate, RH2 9DZ, a Leasehold flat which sold for £275,000 in Jul 2023.
Read more about house prices in RH2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nutley Lane, Reigate, RH2 has a total of 133 addresses. According to our analysis of all the public data, Lower Flat, 6, Nutley Lane, Reigate is the 128th largest and the 132nd most expensive property on the street.
When compared to the postcode district it is £405k less expensive than the average property in RH2.
Lower Flat, 6, Nutley Lane, Reigate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 21 Sep 2018.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Lower Flat, 6, Nutley Lane, Reigate is Reigate station which is 600 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 Lower Flat, 6, Nutley Lane, Reigate, 54.5% of property is privately owned with a mortgage and 29.9% 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 Lower Flat, 6, Nutley Lane, Reigate, 22.2% of residents are recorded as possessing school level qualifications and 60.6% 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 Lower Flat, 6, Nutley Lane, 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 Lower Flat, 6, Nutley Lane, Reigate, 0.6% 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 Lower Flat, 6, Nutley Lane, 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.