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According to the public record, 5, Pilgrim Mews, Reigate is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Pilgrim Mews, Reigate is £292,834 and the estimated rental value is £1,256 per month.
Pilgrim Mews, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
5, Pilgrim Mews, Reigate has a single entry in the Land Registry from July 2009 and a single entry in the EPC database dated January 2021.
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 5, Pilgrim Mews, Reigate is in very good condition we estimate a sale value of £307,476 and a rental value of £1,319 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,336 and a rental value of £1,168 per month.
Over the last 12 months the sale value of 5 Pilgrim Mews Reigate has decreased by an estimated £1,063 (0.4%) and its rental value has increased by an estimated £66 per month (5.2%), giving an expected gross yield of 5.1%.
5, Pilgrim Mews, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2021.
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, 5, Pilgrim Mews, Reigate was last sold on 6th July 2009 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2009, the market for similar properties has risen 53.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Pilgrim Mews, Reigate within a radius of 730 metres over the last 2 years.
The most recent example is Flat 11, Roebuck House 9, Bancroft Road, Reigate, RH2 7GF, a leasehold flat which sold for £222,951 on the 26th November 2024.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pilgrim Mews, Reigate, RH2 has a total of 10 addresses. According to our analysis of all the public data, 5, Pilgrim Mews, Reigate is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £375k less expensive than the average property in RH2.
The closest station to 5, Pilgrim Mews, Reigate is Reigate station which is 600 metres 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 5, Pilgrim Mews, Reigate, 60.4% of property is privately rented and 23.4% 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 5, Pilgrim Mews, Reigate, 12.0% of residents are recorded as possessing school level qualifications and 48.1% 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 5, Pilgrim Mews, 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 5, Pilgrim Mews, Reigate, 3.4% 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 5, Pilgrim Mews, Reigate, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
