116, Park Lane East
116, Park Lane East
Description & Estimates
According to the public record, 116, Park Lane East, Reigate is a mid-century freehold house with 988 ft2 of internal area and sits on a 262 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Park Lane East, Reigate is £455,160 and the estimated rental value is £2,294 per month.
Park Lane East, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Our Data Sources
116, Park Lane East, Reigate has 31 entries in the Land Registry , most recently in March 2012 and a single entry in the EPC database dated October 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
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 116, Park Lane East, Reigate is in very good condition we estimate a sale value of £477,917 and a rental value of £2,409 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,298 and a rental value of £2,134 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 116, Park Lane East, Reigate has declined by £2,029 (0.4%), while its estimated rental value has climbed by £93 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Plot Size
According to data from HM Land Registry, 116, Park Lane East, Reigate sits on a plot of 262 m2.
We have plot size data on 13 out of 32 other houses in the postcode and 116, Park Lane East, Reigate sits on the 2nd largest plot.
Energy Efficiency
116, Park Lane East, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 116, Park Lane East, Reigate was last sold on 16th March 2012 for £230,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2012, the market for similar properties has risen by 107.9%.
- Sold Mar 2012£230,000
- Sold Mar 2002£128,000
- Sold Dec 1995£65,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Park Lane East, Reigate within a radius of 980 metres over the last 2 years.
The most recent example is 6, Priory Road, Reigate, RH2 8JB, a freehold house which sold for £475,000 on the 27th November 2024.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Park Lane East, Reigate, RH2 has a total of 147 addresses. According to our analysis of all the public data, 116, Park Lane East, Reigate is the 56th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in RH2.
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Schools Nearby
- 300mSandcross Primary School
- 1.0kmReigate Priory Community Junior School
- 1.4kmDovers Green School
- 1.3kmReigate School
- 3.6kmSt Bede's School
- 3.9kmCarrington School
More reading links
Public Transport Nearby
The closest station to 116, Park Lane East, Reigate is Reigate station, which is 1.7 kilometres away.
- 1.7kmReigate
- 2.9kmEarlswood (Surrey)
- 3.5kmRedhill
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
