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According to the public record, 49, Park Lane East, Reigate is a period freehold house with 2,002 ft2 of internal area and sits on a 357 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 49, Park Lane East, Reigate is £858,303 and the estimated rental value is £3,332 per month.
Park Lane East, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
49, Park Lane East, Reigate has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated April 2023.
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 49, Park Lane East, Reigate is in very good condition we estimate a sale value of £901,218 and a rental value of £3,498 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £798,222 and a rental value of £3,099 per month.
Over the past 12 months, the estimated sale value of 49, Park Lane East, Reigate has fallen by £25,376 (3.0%), while its estimated rental value has moved up by £87 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.7%.
According to data from HM Land Registry, 49, Park Lane East, Reigate sits on a plot of 357 m2.
We have plot size data on 9 out of 9 other houses in the postcode and 49, Park Lane East, Reigate sits on the 4th largest plot.
49, Park Lane East, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 49, Park Lane East, Reigate was last sold on 16th May 2024 for £845,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped by 17.1%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Park Lane East, Reigate within a radius of 830 metres over the last 2 years.
The most recent example is 48, New North Road, Reigate, RH2 8NA, a freehold house which sold for £627,500 on the 24th November 2017.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane East, Reigate, RH2 has a total of 147 addresses. According to our analysis of all the public data, 49, Park Lane East, Reigate is the 8th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £179k more expensive than the average property in RH2.
The closest station to 49, Park Lane East, Reigate is Reigate station, which is 1.7 kilometres 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 49, Park Lane East, Reigate, 45.4% of property is privately owned with a mortgage and 37.1% 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 49, Park Lane East, Reigate, 21.6% of residents are recorded as possessing school level qualifications and 49.3% 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 49, Park Lane East, Reigate, the average age was 39.1 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 49, Park Lane East, 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 49, Park Lane East, 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.
