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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, 3, Penfold Close, Reigate is a modern freehold house with 1,227 ft2 of internal area and sits on a 129 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Penfold Close, Reigate is £653,293 and the estimated rental value is £2,767 per month.
Penfold Close, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
3, Penfold Close, Reigate has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated September 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Penfold Close, Reigate is in very good condition we estimate a sale value of £685,958 and a rental value of £2,906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £607,563 and a rental value of £2,574 per month.
Over the last 12 months the sale value of 3 Penfold Close Reigate has decreased by an estimated £10,437 (1.6%) and its rental value has increased by an estimated £106 per month (3.8%), giving an expected gross yield of 5.1%.
According to data from HM Land Registry, 3, Penfold Close, Reigate sits on a plot of 129m2.
We have plot size data on 4 out of 4 other houses in the postcode and 3, Penfold Close, Reigate sits on the largest plot.
3, Penfold Close, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler.
According to HM Land Registry, 3, Penfold Close, Reigate was last sold on 3rd December 2019 for £635,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2019, the market for similar properties has risen 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Penfold Close, Reigate within a radius of 560 metres over the last 2 years.
The most recent example is 99C, Lesbourne Road, Reigate, RH2 7JX, a freehold house which sold for £550,000 on the 31st January 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Penfold Close, Reigate, RH2 has a total of 6 addresses. According to our analysis of all the public data, 3, Penfold Close, Reigate is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £15k less expensive than the average property in RH2.
The closest station to 3, Penfold Close, Reigate is Reigate station which is 1.0 kilometres away.
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, Penfold Close, Reigate, 35.5% of property is privately owned with a mortgage and 29.0% 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, Penfold Close, Reigate, 23.2% of residents are recorded as possessing school level qualifications and 56.4% 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, Penfold Close, 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, Penfold Close, Reigate, 1.8% 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, Penfold Close, Reigate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
