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According to the public record, Flat 3, Rowan House, Reigate is a mid-century leasehold apartment with 656 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 3, Rowan House, Reigate is £314,955 and the estimated rental value is £1,446 per month.
The apartment is within Rowan House, Oakfield Drive, Reigate, RH2.
Oakfield Drive, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 3, Rowan House, Reigate has 51 entries in the Land Registry , most recently in February 2010 and a single entry in the EPC database dated January 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.
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 3, Rowan House, Reigate is in very good condition we estimate a sale value of £330,703 and a rental value of £1,519 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,909 and a rental value of £1,345 per month.
Over the past 12 months, the estimated sale value of Flat 3, Rowan House, Reigate has moved up by £647 (0.2%), while its estimated rental value has increased by £70 per month (4.8%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Flat 3, Rowan House, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 3, Rowan House, Reigate was last sold on 4th February 2010 for £202,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since February 2010, the market for similar properties has risen by 51.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Rowan House, Reigate within a radius of 740 metres over the last 2 years.
The most recent example is Flat 2, Oak House, Oakfield Drive, Reigate, RH2 9NY, a leasehold flat which sold for £288,000 on the 19th July 2024.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakfield Drive, Reigate, RH2 has a total of 40 addresses. According to our analysis of all the public data, Flat 3, Rowan House, Reigate is the 27th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £364k less expensive than the average property in RH2.
The closest station to Flat 3, Rowan House, Reigate is Reigate station, which is 500 metres away.
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 3, Rowan House, Reigate, 36.6% of property is privately owned outright and 31.7% 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 3, Rowan House, Reigate, 19.0% of residents are recorded as possessing school level qualifications and 54.9% 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 3, Rowan House, Reigate, the average age was 41.7 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 3, Rowan House, Reigate, 0.4% 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 3, Rowan House, Reigate, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
