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According to the public record, 38B, Lesbourne Road, Reigate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 701 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 38B, Lesbourne Road, Reigate is £407,677 and the estimated rental value is £1,640 per month.
The apartment is within 38, Lesbourne Road, Reigate, RH2.
Lesbourne Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
38B, Lesbourne Road, Reigate has 31 entries in the Land Registry , most recently in January 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 38B, Lesbourne Road, Reigate is in very good condition we estimate a sale value of £428,061 and a rental value of £1,722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,140 and a rental value of £1,525 per month.
Over the last 12 months the sale value of 38B Lesbourne Road Reigate has decreased by an estimated £1,479 (0.4%) and its rental value has increased by an estimated £86 per month (5.2%), giving an expected gross yield of 4.8%.
According to HM Land Registry, 38B, Lesbourne Road, Reigate was last sold on 6th January 2012 for £227,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since January 2012, the market for similar properties has risen 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38B, Lesbourne Road, Reigate within a radius of 610 metres over the last 2 years.
The most recent example is Flat 1, Liberty Court 101-103, Bell Street, Reigate, RH2 7JB, a leasehold flat which sold for £325,000 on the 18th December 2024.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lesbourne Road, Reigate, RH2 has a total of 178 addresses. According to our analysis of all the public data, 38B, Lesbourne Road, Reigate is the 109th largest and the 89th most expensive property on the street.
When compared to the postcode district it is £260k less expensive than the average property in RH2.
The closest station to 38B, Lesbourne Road, Reigate is Reigate station which is 900 metres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 38B, Lesbourne Road, Reigate, 35.5% of property is privately owned with a mortgage and 29.0% 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 38B, Lesbourne Road, Reigate, 23.2% of residents are recorded as possessing school level qualifications and 56.4% 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 38B, Lesbourne 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 38B, Lesbourne 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 38B, Lesbourne Road, Reigate, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
