Flat 3, 52
Flat 3, 52
Description & Estimates
The public record lists Flat 3, 52, Park Lane East, Reigate as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 778 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, 52, Park Lane East, Reigate has an estimated sale value of £375,384 and an estimated rental value of £1,550 per month, assuming reasonable condition and based on the information available.
The apartment sits within 52, Park Lane East, Reigate, RH2.
Park Lane East, Reigate, RH2 lies in the borough of Reigate and Banstead, within the RH2 postal district.
Our Data Sources
Flat 3, 52, Park Lane East, Reigate has 2 entries in the Land Registry , most recently in August 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 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 3, 52, Park Lane East, Reigate would be worth £394,153, with a potential rental value of £1,627 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £349,107, with a rental value of £1,441 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, 52, Park Lane East, Reigate has risen by £771 (0.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £75 (4.8%). The property's estimated gross yield is currently 5.0%.
Sold Prices
Flat 3, 52, Park Lane East, Reigate last changed hands on 3rd August 2012, selling for £250,000. 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 risen by 74.6% since August 2012.
- Sold Aug 2012£250,000
- Sold Mar 2010£233,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 840 metres of Flat 3, 52, Park Lane East, Reigate across the last 2 years.
Most recently, Flat 4, Priory Oaks 54, Park Lane East, Reigate, RH2 8HR, a leasehold flat, sold at £385,000 on the 27th June 2023.
Read more about house prices in RH2.
- Sold Jun 2023£385,000 | 2 Bed FlatPriory Oaks 54, Park Lane EastFlat 4, Priory Oaks 54, Park Lane East, Reigate, RH2 8HR
- Sold May 2022£375,000 | 2 Bed FlatPriory Oaks 54, Park Lane EastFlat 3, Priory Oaks 54, Park Lane East, Reigate, RH2 8HR
- Sold Jun 2017£325,000 | 2 Bed FlatPriory Oaks 54, Park Lane EastFlat 1, Priory Oaks 54, Park Lane East, Reigate, RH2 8HR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 3, 52, Park Lane East, Reigate as the 96th largest and the 100th most expensive of the 147 addresses on Park Lane East, Reigate, RH2.
Against the RH2 postcode district average, it is £304k less expensive than the typical property.
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Schools Nearby
- 500mSandcross Primary School
- 900mReigate Priory Community Junior School
- 1.4kmDovers Green School
- 1.2kmReigate School
- 3.5kmSt Bede's School
- 3.7kmCarrington School
More reading links
Public Transport Nearby
Reigate station is the nearest stop to Flat 3, 52, Park Lane East, Reigate at 1.6 kilometres away.
- 1.6kmReigate
- 2.7kmEarlswood (Surrey)
- 3.3kmRedhill
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
