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Public records show Flat 22, Wray Mill House, Reigate to be a modern leasehold apartment with 3,024 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 22, Wray Mill House, Reigate has an estimated sale value of £976,421 and an estimated rental value of £3,747 per month, assuming reasonable condition and based on the information available.
The apartment sits within Wray Mill House, Batts Hill, Reigate, RH2.
Batts Hill, Reigate, RH2 lies in the borough of Reigate and Banstead, within the RH2 postal district.
Flat 22, Wray Mill House, Reigate has 2 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated April 2018.
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.
In very good condition, we estimate Flat 22, Wray Mill House, Reigate would be worth £1,025,242, with a potential rental value of £3,934 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £908,072, with a rental value of £3,484 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 22, Wray Mill House, Reigate has climbed by £1,940 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £194 (5.2%). The property's estimated gross yield is currently 4.6%.
Flat 22, Wray Mill House, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 22, Wray Mill House, Reigate last changed hands on 20th August 2018, selling for £1,395,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 19.7% since August 2018.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 660 metres of Flat 22, Wray Mill House, Reigate across the last 2 years.
Most recently, Flat 14, Wray Mill House, Batts Hill, Reigate, RH2 0LJ, a leasehold flat, sold at £1,165,000 on the 6th August 2019.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 22, Wray Mill House, Reigate as the 2nd largest and the 5th most expensive of the 54 addresses on Batts Hill, Reigate, RH2.
Against the RH2 postcode district average, it is £298k more expensive than the typical property.
Redhill station is the nearest stop to Flat 22, Wray Mill House, Reigate at 1.2 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 22, Wray Mill House, 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 22, Wray Mill House, 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 22, Wray Mill House, 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 22, Wray Mill House, 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 22, Wray Mill House, 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.