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According to the public record, 3, Albion Road, Reigate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 936 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Albion Road, Reigate is £448,848 and the estimated rental value is £1,736 per month.
The apartment is within 3, Albion Road, Reigate, RH2.
Albion Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
3, Albion Road, Reigate has 2 entries in the Land Registry , most recently in March 2020 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 3, Albion Road, Reigate is in very good condition we estimate a sale value of £471,291 and a rental value of £1,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £417,429 and a rental value of £1,615 per month.
Over the last 12 months the sale value of 3 Albion Road Reigate has decreased by an estimated £2,137 (0.5%) and its rental value has increased by an estimated £89 per month (5.1%), giving an expected gross yield of 4.6%.
According to HM Land Registry, 3, Albion Road, Reigate was last sold on 5th March 2020 for £375,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2020, the market for similar properties has risen 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Albion Road, Reigate within a radius of 600 metres over the last 2 years.
The most recent example is Flat 7, Peatswood 2, Blanford Road, Reigate, RH2 7DR, a leasehold flat which sold for £445,000 on the 10th January 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albion Road, Reigate, RH2 has a total of 53 addresses. According to our analysis of all the public data, 3, Albion Road, Reigate is the 39th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in RH2.
The closest station to 3, Albion Road, Reigate is Reigate station which is 1.1 kilometres away.
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.
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 3, Albion Road, Reigate, 50.8% of property is privately owned with a mortgage and 31.1% 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 3, Albion Road, Reigate, 26.7% of residents are recorded as possessing school level qualifications and 67.5% 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 3, Albion Road, Reigate, the average age was 39.5 and the most common age was 47.
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 3, Albion Road, Reigate, 0.3% 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 3, Albion Road, Reigate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.