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According to the public record, 2 Wallfield, Wallfield Park, Reigate is a period leasehold apartment with 2,572 ft2 of internal area.
Apartments 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 2 Wallfield, Wallfield Park, Reigate is £1,620,724 and the estimated rental value is £6,225 per month.
Wallfield Park, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
2 Wallfield, Wallfield Park, Reigate has 2 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property 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 2 Wallfield, Wallfield Park, Reigate is in very good condition we estimate a sale value of £1,701,761 and a rental value of £6,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,507,274 and a rental value of £5,789 per month.
Over the last 12 months the sale value of 2 Wallfield Wallfield Park Reigate has decreased by an estimated £8,129 (0.5%) and its rental value has increased by an estimated £317 per month (5.1%), giving an expected gross yield of 4.6%.
2 Wallfield, Wallfield Park, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2 Wallfield, Wallfield Park, Reigate was last sold on 23rd March 2021 for £1,502,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2021, the market for similar properties has dropped 34.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 950 metres radius of 2 Wallfield, Wallfield Park, Reigate over the last 2 years.
The most recent example is 7 Wallfield, Wallfield Park, Reigate, RH2 9AJ, a leasehold flat which sold for £222,500 on the 19th December 2014.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wallfield Park, Reigate, RH2 has a total of 12 addresses. According to our analysis of all the public data, 2 Wallfield, Wallfield Park, Reigate is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £953k more expensive than the average property in RH2.
The closest station to 2 Wallfield, Wallfield Park, Reigate is Reigate station which is 900 metres 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 2 Wallfield, Wallfield Park, Reigate, 50.0% of property is privately owned outright and 32.7% is privately owned with a mortgage.
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 2 Wallfield, Wallfield Park, Reigate, 20.5% of residents are recorded as possessing school level qualifications and 57.2% 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 2 Wallfield, Wallfield Park, 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 2 Wallfield, Wallfield Park, Reigate, 2.1% 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 2 Wallfield, Wallfield Park, 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.
