Flat 1, Rowan House
Flat 1, Rowan House
Description & Estimates
Flat 1, Rowan House, Reigate is recorded publicly as a mid-century leasehold apartment across 592 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Rowan House, Reigate is £297,589 and its rental estimate is £1,381 per month, given the available information and assuming reasonable condition.
Rowan House, Oakfield Drive is a residential building on Oakfield Drive, Reigate, RH2 and falls within the RH2 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 1, Rowan House, Reigate has 61 entries in the Land Registry , most recently in April 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 1, Rowan House, Reigate, we estimate a market value of £312,468 and a rental value of £1,450 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £276,758 and £1,285 per month respectively.
Recent Market Change
Over the last year, Flat 1, Rowan House, Reigate has seen its estimated sale value rise by £611 (0.2%) and its estimated rental value move up by £67 per month (4.8%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 1, Rowan House, Reigate has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 1, Rowan House, Reigate completed on 14th April 2022 at £300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 6 times.
Values of comparable properties have risen by 0.2% over the period since April 2022.
- Sold Apr 2022£300,000
- Sold Nov 2016£280,000
- Sold Dec 2011£170,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Rowan House, Reigate have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th July 2024, was Flat 2, Oak House, Oakfield Drive, Reigate, RH2 9NY, a leasehold flat which sold for £288,000.
Read more about house prices in RH2.
- Sold Jul 2024£288,000 | 2 Bed FlatOak House, Oakfield DriveFlat 2, Oak House, Oakfield Drive, Reigate, RH2 9NY
- Sold Jun 2021£262,000 | 2 Bed FlatOak House, Oakfield DriveFlat 3, Oak House, Oakfield Drive, Reigate, RH2 9NY
- Sold Sep 2018£275,000 | 2 Bed FlatOak House, Oakfield DriveFlat 4, Oak House, Oakfield Drive, Reigate, RH2 9NY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 40 addresses on Oakfield Drive, Reigate, RH2, Flat 1, Rowan House, Reigate comes out as the 39th largest and the 25th most expensive in our analysis of the public data.
It is also £381k less expensive than the average property across the RH2 district.
More reading links
Schools Nearby
- 100mHolmesdale Community Infant School
- 1.2kmReigate Priory Community Junior School
- 1.4kmWray Common Primary School
- 2.0kmSt Bede's School
- 2.5kmReigate School
- 2.9kmCarrington School
More reading links
Public Transport Nearby
From Flat 1, Rowan House, Reigate, the nearest station is Reigate, 500 metres away.
- 500mReigate
- 2.6kmRedhill
- 3.1kmEarlswood (Surrey)
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
