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According to the public record, Flat 2, The Lodge, Reigate is a modern leasehold apartment with 1,636 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 Flat 2, The Lodge, Reigate is £822,619 and the estimated rental value is £3,156 per month.
The apartment is within The Lodge, Batts Hill, Reigate, RH2.
Batts Hill, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 2, The Lodge, Reigate has 21 entries in the Land Registry , most recently in June 2014 and a single entry in the EPC database dated December 2013.
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 Flat 2, The Lodge, Reigate is in very good condition we estimate a sale value of £863,750 and a rental value of £3,314 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £765,035 and a rental value of £2,935 per month.
Over the last 12 months the sale value of Flat 2 The Lodge Reigate has increased by an estimated £1,635 (0.2%) and its rental value has increased by an estimated £164 per month (5.2%), giving an expected gross yield of 4.6%.
Flat 2, The Lodge, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, The Lodge, Reigate was last sold on 11th June 2014 for £626,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2014, the market for similar properties has dropped 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, The Lodge, Reigate within a radius of 680 metres over the last 2 years.
The most recent example is Flat 4, The Lodge, Batts Hill, Reigate, RH2 0LJ, a leasehold flat which sold for £775,000 on the 25th January 2022.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Batts Hill, Reigate, RH2 has a total of 54 addresses. According to our analysis of all the public data, Flat 2, The Lodge, Reigate is the 21st largest and the 16th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in RH2.
The closest station to Flat 2, The Lodge, Reigate is Redhill station which is 1.2 kilometres 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 Flat 2, The Lodge, Reigate, 60.1% of property is privately owned outright and 28.3% 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 Flat 2, The Lodge, Reigate, 21.5% of residents are recorded as possessing school level qualifications and 57.3% 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 Flat 2, The Lodge, Reigate, the average age was 38.6 and the most common age was 37.
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 Flat 2, The Lodge, Reigate, 5.5% 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 Flat 2, The Lodge, Reigate, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
