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Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Weald Way, Reigate is £495,909 and the estimated rental value is £2,230 per month.
Weald Way, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
7, Weald Way, Reigate has 21 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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, Weald Way, Reigate is in very good condition we estimate a sale value of £520,705 and a rental value of £2,342 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,195 and a rental value of £2,074 per month.
Over the last 12 months the sale value of 7 Weald Way Reigate has decreased by an estimated £3,552 (0.7%) and its rental value has increased by an estimated £96 per month (4.3%), giving an expected gross yield of 5.4%.
7, Weald Way, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2012.
The property is not 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, Weald Way, Reigate was last sold on 15th November 2012 for £281,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2012, the market for similar properties has risen 119.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Weald Way, Reigate within a radius of 670 metres over the last 2 years.
The most recent example is 42, Reeve Road, Reigate, RH2 7PH, a freehold house which sold for £450,000 on the 11th December 2024.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weald Way, Reigate, RH2 has a total of 32 addresses. According to our analysis of all the public data, 7, Weald Way, Reigate is the 32nd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in RH2.
The closest station to 7, Weald Way, Reigate is Earlswood (Surrey) station which is 1.9 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, Weald Way, Reigate, 39.6% of property is privately owned outright and 36.8% 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 7, Weald Way, Reigate, 21.2% of residents are recorded as possessing school level qualifications and 31.4% 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, Weald 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, Weald Way, Reigate, 1.9% 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, Weald 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.