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According to the public record, 5, Pilgrims Way, Reigate is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,960 ft2 of internal area and sits on a 3,231 m2 plot and a garden.
Houses of this size in this area normally have 6 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Pilgrims Way, Reigate is £2,126,861 and the estimated rental value is £4,425 per month.
Pilgrims Way, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
5, Pilgrims Way, Reigate has 2 entries in the Land Registry , most recently in April 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Pilgrims Way, Reigate is in very good condition we estimate a sale value of £2,233,204 and a rental value of £4,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,977,980 and a rental value of £4,115 per month.
Over the last 12 months the sale value of 5 Pilgrims Way Reigate has decreased by an estimated £76,338 (3.6%) and its rental value has increased by an estimated £81 per month (1.8%), giving an expected gross yield of 2.5%.
According to data from HM Land Registry, 5, Pilgrims Way, Reigate sits on a plot of 3231m2.
We have plot size data on 9 out of 10 other houses in the postcode and 5, Pilgrims Way, Reigate sits on the 3rd largest plot.
According to HM Land Registry, 5, Pilgrims Way, Reigate was last sold on 30th April 2020 for £2,350,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2020, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Pilgrims Way, Reigate within a radius of 770 metres over the last 2 years.
The most recent example is 5, Manor Road, Reigate, RH2 9LA, a freehold house which sold for £1,820,000 on the 11th January 2017.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pilgrims Way, Reigate, RH2 has a total of 32 addresses. According to our analysis of all the public data, 5, Pilgrims Way, Reigate is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £1.459m more expensive than the average property in RH2.
The closest station to 5, Pilgrims Way, Reigate is Reigate station which is 700 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 5, Pilgrims Way, Reigate, 40.9% of property is privately owned outright and 37.8% is privately owned with a mortgage.
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, Pilgrims Way, Reigate, 19.3% of residents are recorded as possessing school level qualifications and 61.5% 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, Pilgrims Way, Reigate, the average age was 41.7 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 5, Pilgrims Way, Reigate, 3.3% 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, Pilgrims Way, Reigate, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
