Flat 3, Flanchford House
Flat 3, Flanchford House
Description & Estimates
Flat 3, Flanchford House, Reigate is recorded publicly as a mid-century leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Flanchford House, Reigate is £304,142 and its rental estimate is £1,427 per month, given the available information and assuming reasonable condition.
Flanchford House, Somers Close is a residential building on Somers Close, Reigate, RH2 and falls within the RH2 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 3, Flanchford House, Reigate has 3 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated August 2020.
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 3, Flanchford House, Reigate, we estimate a market value of £319,349 and a rental value of £1,499 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £282,852 and £1,327 per month respectively.
Recent Market Change
Over the last year, Flat 3, Flanchford House, Reigate has seen its estimated sale value drop by £1,693 (0.6%) and its estimated rental value rise by £57 per month (4.0%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 3, Flanchford House, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 3, Flanchford House, Reigate completed on 1st March 2021 at £313,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 14.8% over the period since March 2021.
- Sold Mar 2021£313,000
- Sold Dec 2014£265,000
- Sold May 2008£199,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Flanchford House, Reigate have sold within a radius of 620 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was Flat 5, Clayhall House, Somers Close, Reigate, RH2 9EB, a leasehold flat which sold for £290,000.
Read more about house prices in RH2.
- Sold Dec 2024£290,000 | 2 Bed FlatClayhall House, Somers CloseFlat 5, Clayhall House, Somers Close, Reigate, RH2 9EB
- Sold Feb 2024£282,500 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 5, Elvington Lodge 40, Reigate Hill, Reigate, RH2 9NG
- Sold Nov 2022£370,000 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 7, Elvington Lodge 40, Reigate Hill, Reigate, RH2 9NG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 60 addresses on Somers Close, Reigate, RH2, Flat 3, Flanchford House, Reigate comes out as the 15th largest and the 6th most expensive in our analysis of the public data.
It is also £375k less expensive than the average property across the RH2 district.
More reading links
Schools Nearby
- 300mHolmesdale Community Infant School
- 900mReigate Priory Community Junior School
- 1.3kmReigate Parish Church Primary School
- 2.3kmSt Bede's School
- 2.3kmReigate School
- 3.1kmCarrington School
More reading links
Public Transport Nearby
From Flat 3, Flanchford House, Reigate, the nearest station is Reigate, 200 metres away.
- 200mReigate
- 2.8kmRedhill
- 3.0kmEarlswood (Surrey)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
