71, Park Lane East
71, Park Lane East
Description & Estimates
71, Park Lane East, Reigate is described in the public record as a mid-century house with 484 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 71, Park Lane East, Reigate is £310,952 and its rental estimate is £1,627 per month, given the available information and assuming reasonable condition.
Park Lane East, Reigate, RH2 falls within the RH2 postal district, in the borough of Reigate and Banstead.
Our Data Sources
71, Park Lane East, Reigate has no records in the the Land Registry and a single entry in the EPC database dated November 2018.
We combine this information with public data 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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 71, Park Lane East, Reigate, we estimate a market value of £326,499 and a rental value of £1,708 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,185 and £1,513 per month respectively.
Recent Market Change
Over the last year, 71, Park Lane East, Reigate has seen its estimated sale value decrease by £1,585 (0.5%) and its estimated rental value grow by £68 per month (4.2%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
71, Park Lane East, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 71, Park Lane East, Reigate have sold within a radius of 940 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th January 2023, was 41, Allingham Road, Reigate, RH2 8HU, a freehold house which sold for £360,000.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 147 addresses on Park Lane East, Reigate, RH2, 71, Park Lane East, Reigate comes out as the 131st largest and the 109th most expensive in our analysis of the public data.
It is also £368k less expensive than the average property across the RH2 district.
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Schools Nearby
- 200mSandcross Primary School
- 1.1kmReigate Priory Community Junior School
- 1.4kmDovers Green School
- 1.4kmReigate School
- 3.7kmSt Bede's School
- 4.0kmCarrington School
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Public Transport Nearby
From 71, Park Lane East, Reigate, the nearest station is Reigate, 1.8 kilometres away.
- 1.8kmReigate
- 2.9kmEarlswood (Surrey)
- 3.6kmRedhill
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
