39, Park Lane East
39, Park Lane East
Description & Estimates
39, Park Lane East, Reigate is recorded publicly as a period freehold house across 4,119 ft2 of internal area, sitting on a 903 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 39, Park Lane East, Reigate is £1,745,208 and its rental estimate is £3,756 per month, given the available information and assuming reasonable condition.
Park Lane East, Reigate, RH2 falls within the RH2 postal district, in the borough of Reigate and Banstead.
Our Data Sources
39, Park Lane East, Reigate has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated May 2010.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 39, Park Lane East, Reigate, we estimate a market value of £1,832,469 and a rental value of £3,943 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,623,044 and £3,493 per month respectively.
Recent Market Change
Over the last year, 39, Park Lane East, Reigate has seen its estimated sale value drop by £51,597 (3.0%) and its estimated rental value rise by £98 per month (2.6%). This results in an estimated gross rental yield of 2.6%.
Plot Size
HM Land Registry records the plot of land for 39, Park Lane East, Reigate as measuring 903 m2.
That makes it the 3rd largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
39, Park Lane East, Reigate has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 19 May 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 39, Park Lane East, Reigate completed on 11th September 2013 at £1,213,200 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 20.7% over the period since September 2013.
- Sold Sep 2013£1,213,200
- Sold Mar 2001£499,500
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 710 metres of 39, Park Lane East, Reigate, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2016, was 15, Knightwood Close, Reigate, RH2 8BE, a freehold house which sold for £715,000.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 147 addresses on Park Lane East, Reigate, RH2, 39, Park Lane East, Reigate comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £1.066m more expensive than the average property across the RH2 district.
More reading links
Schools Nearby
- 600mSandcross Primary School
- 800mReigate Priory Community Junior School
- 1.3kmReigate Parish Church Primary School
- 1.0kmReigate School
- 3.3kmSt Bede's School
- 3.5kmCarrington School
More reading links
Public Transport Nearby
From 39, Park Lane East, Reigate, the nearest station is Reigate, 1.5 kilometres away.
- 1.5kmReigate
- 2.5kmEarlswood (Surrey)
- 3.1kmRedhill
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
