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Registered Address: 2 Leman St, London E1 8FA
According to the public record, 3 New Cottages, Reigate is a period freehold house with 871 ft2 of internal area and sits on a 122 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 3 New Cottages, Reigate is £551,232 and the estimated rental value is £2,326 per month.
Reigate Hill, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
3 New Cottages, Reigate has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 New Cottages, Reigate is in very good condition we estimate a sale value of £578,794 and a rental value of £2,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,646 and a rental value of £2,163 per month.
Over the last 12 months the sale value of 3 New Cottages Reigate has decreased by an estimated £2,458 (0.4%) and its rental value has increased by an estimated £94 per month (4.0%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 3 New Cottages, Reigate sits on a plot of 122m2.
We have plot size data on 13 out of 14 other houses in the postcode and 3 New Cottages, Reigate sits on the 8th largest plot.
3 New Cottages, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 3 New Cottages, Reigate was last sold on 30th August 2024 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3 New Cottages, Reigate within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 109, Reigate Hill, Reigate, RH2 9PJ, a freehold house which sold for £485,000 on the 17th November 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Reigate Hill, Reigate, RH2 has a total of 221 addresses. According to our analysis of all the public data, 3 New Cottages, Reigate is the 79th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in RH2.
The closest station to 3 New Cottages, Reigate is Reigate station which is 1.0 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 3 New Cottages, Reigate, % of property is and % is .
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 New Cottages, Reigate, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 New Cottages, Reigate, 0.0% 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 New Cottages, Reigate, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
