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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, 1B, Cornfield Road, Reigate is a period leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Cornfield Road, Reigate is £428,130 and the estimated rental value is £1,815 per month.
The apartment is within 1, Cornfield Road, Reigate, RH2.
Cornfield Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
1B, Cornfield Road, Reigate has a single entry in the Land Registry from December 2012 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 1B, Cornfield Road, Reigate is in very good condition we estimate a sale value of £449,536 and a rental value of £1,906 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,161 and a rental value of £1,688 per month.
Over the last 12 months the sale value of 1B Cornfield Road Reigate has decreased by an estimated £1,294 (0.3%) and its rental value has increased by an estimated £95 per month (5.2%), giving an expected gross yield of 5.1%.
1B, Cornfield Road, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 1B, Cornfield Road, Reigate was last sold on 20th December 2012 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2012, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Cornfield Road, Reigate within a radius of 620 metres over the last 2 years.
The most recent example is Flat 11, Victory Court 23, Copse Road, Redhill, RH1 6NW, a leasehold flat which sold for £312,500 on the 1st December 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornfield Road, Reigate, RH2 has a total of 60 addresses. According to our analysis of all the public data, 1B, Cornfield Road, Reigate is the 43rd largest and the 54th most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in RH2.
The closest station to 1B, Cornfield Road, Reigate is Reigate station which is 1.4 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 1B, Cornfield Road, Reigate, 55.3% of property is privately owned with a mortgage and 24.6% is privately owned outright.
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 1B, Cornfield Road, Reigate, 29.3% of residents are recorded as possessing school level qualifications and 63.0% 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 1B, Cornfield Road, Reigate, the average age was 39.5 and the most common age was 47.
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 1B, Cornfield Road, Reigate, 1.8% 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 1B, Cornfield Road, 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.
