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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 8A, Western Parade, Reigate is a early-century apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8A, Western Parade, Reigate is £196,478 and the estimated rental value is £1,058 per month.
The apartment is within 8, Western Parade, Reigate, RH2.
Western Parade, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
8A, Western Parade, Reigate has no recent1 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 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 8A, Western Parade, Reigate is in very good condition we estimate a sale value of £206,302 and a rental value of £1,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,724 and a rental value of £984 per month.
Over the last 12 months the sale value of 8A Western Parade Reigate has decreased by an estimated £936 (0.5%) and its rental value has increased by an estimated £54 per month (5.1%), giving an expected gross yield of 6.5%.
8A, Western Parade, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2018.
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, 8A, Western Parade, Reigate was last sold on 28th September 1999 for £59,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8A, Western Parade, Reigate within a radius of 590 metres over the last 2 years.
The most recent example is 10B, Western Parade, Reigate, RH2 8AU, a leasehold flat which sold for £120,135 on the 22nd May 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Parade, Reigate, RH2 has a total of 26 addresses. According to our analysis of all the public data, 8A, Western Parade, Reigate is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £472k less expensive than the average property in RH2.
The closest station to 8A, Western Parade, Reigate is Reigate station which is 2.0 kilometres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8A, Western Parade, Reigate, 32.1% of property is privately rented and 29.3% 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 8A, Western Parade, Reigate, 25.6% of residents are recorded as possessing school level qualifications and 31.9% 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 8A, Western Parade, 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 8A, Western Parade, Reigate, 0.3% 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 8A, Western Parade, Reigate, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
