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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 14, Millway, Reigate is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 2,743 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Millway, Reigate is £1,247,612 and the estimated rental value is £3,144 per month.
Millway, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
14, Millway, Reigate has a single entry in the Land Registry from July 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 14, Millway, Reigate is in very good condition we estimate a sale value of £1,309,993 and a rental value of £3,301 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,160,279 and a rental value of £2,924 per month.
Over the last 12 months the sale value of 14 Millway Reigate has decreased by an estimated £44,780 (3.6%) and its rental value has increased by an estimated £57 per month (1.8%), giving an expected gross yield of 3%.
According to HM Land Registry, 14, Millway, Reigate was last sold on 8th July 2010 for £1,020,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2010, the market for similar properties has risen 80.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Millway, Reigate within a radius of 680 metres over the last 2 years.
The most recent example is 2, Greenhayes Close, Reigate, RH2 0RB, a freehold house which sold for £1,422,887 on the 28th March 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millway, Reigate, RH2 has a total of 16 addresses. According to our analysis of all the public data, 14, Millway, Reigate is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £579k more expensive than the average property in RH2.
The closest station to 14, Millway, Reigate is Redhill station which is 1.3 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 14, Millway, Reigate, 35.0% of property is privately owned with a mortgage and 28.9% is privately owned outright.
The graph below shows how this compares to South East 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 14, Millway, Reigate, 23.9% of residents are recorded as possessing school level qualifications and 62.5% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 14, Millway, 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 14, Millway, Reigate, 2.4% 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 14, Millway, Reigate, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
