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According to the public record, Flat 2, Trophy House 1, Reigate is a modern leasehold apartment with 785 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 Flat 2, Trophy House 1, Reigate is £393,671 and the estimated rental value is £1,586 per month.
The apartment is within Trophy House, North Road, Reigate, RH2.
North Road, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 2, Trophy House 1, Reigate has a single entry in the Land Registry from October 2022 and a single entry in the EPC database dated September 2022.
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, Trophy House 1, Reigate is in very good condition we estimate a sale value of £413,355 and a rental value of £1,665 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,114 and a rental value of £1,475 per month.
Over the last 12 months the sale value of Flat 2 Trophy House 1 Reigate has decreased by an estimated £1,429 (0.4%) and its rental value has increased by an estimated £83 per month (5.2%), giving an expected gross yield of 4.8%.
Flat 2, Trophy House 1, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Trophy House 1, Reigate was last sold on 19th October 2022 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2022, the market for similar properties has risen 24.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Trophy House 1, Reigate within a radius of 860 metres over the last 2 years.
The most recent example is Flat 4, Priory Oaks 54, Park Lane East, Reigate, RH2 8HR, a leasehold flat which sold for £385,000 on the 27th June 2023.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Road, Reigate, RH2 has a total of 48 addresses. According to our analysis of all the public data, Flat 2, Trophy House 1, Reigate is the 24th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £274k less expensive than the average property in RH2.
The closest station to Flat 2, Trophy House 1, Reigate is Reigate station which is 1.9 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, Trophy House 1, Reigate, 48.4% of property is privately owned with a mortgage and 38.7% 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 Flat 2, Trophy House 1, Reigate, 19.6% of residents are recorded as possessing school level qualifications and 45.4% 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 Flat 2, Trophy House 1, Reigate, the average age was 39.1 and the most common age was 12.
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, Trophy House 1, Reigate, 0.0% 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, Trophy House 1, 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.
