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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Tilers Way, Reigate is £234,834 and the estimated rental value is £1,255 per month.
Tilers Way, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
7, Tilers Way, Reigate has 3 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated June 2021.
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 7, Tilers Way, Reigate is in very good condition we estimate a sale value of £246,576 and a rental value of £1,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,396 and a rental value of £1,168 per month.
Over the last 12 months the sale value of 7 Tilers Way Reigate has decreased by an estimated £852 (0.4%) and its rental value has increased by an estimated £66 per month (5.2%), giving an expected gross yield of 6.4%.
7, Tilers Way, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Jun 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, 7, Tilers Way, Reigate was last sold on 15th March 2022 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2022, the market for similar properties has risen 26.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Tilers Way, Reigate within a radius of 770 metres over the last 2 years.
The most recent example is 9, Tilers Way, Reigate, RH2 7PN, a leasehold flat which sold for £237,500 on the 5th August 2024.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tilers Way, Reigate, RH2 has a total of 59 addresses. According to our analysis of all the public data, 7, Tilers Way, Reigate is the 49th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £433k less expensive than the average property in RH2.
The closest station to 7, Tilers Way, Reigate is Earlswood (Surrey) station which is 1.6 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 7, Tilers Way, Reigate, 45.6% of property is socially rented and 23.3% 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 7, Tilers Way, Reigate, 30.0% of residents are recorded as possessing school level qualifications and 29.6% 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 7, Tilers Way, Reigate, the average age was 40.8 and the most common age was 57.
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 7, Tilers Way, 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 7, Tilers Way, Reigate, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.