Flat 4, Colebrooke Lodge 36
Flat 4, Colebrooke Lodge 36
Description & Estimates
Public records show Flat 4, Colebrooke Lodge 36, Reigate to be a modern leasehold apartment with 624 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, Colebrooke Lodge 36, Reigate has an estimated sale value of £398,838 and an estimated rental value of £1,625 per month, assuming reasonable condition and based on the information available.
The apartment sits within Colebrooke Lodge, Prices Lane, Reigate, RH2.
Prices Lane, Reigate, RH2 lies in the borough of Reigate and Banstead, within the RH2 postal district.
Our Data Sources
Flat 4, Colebrooke Lodge 36, Reigate has a single entry in the Land Registry from December 2020 and a single entry in the EPC database dated February 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 4, Colebrooke Lodge 36, Reigate would be worth £418,780, with a potential rental value of £1,706 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £370,919, with a rental value of £1,511 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 4, Colebrooke Lodge 36, Reigate has climbed by £819 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £79 (4.8%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
Flat 4, Colebrooke Lodge 36, Reigate has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Feb 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 4, Colebrooke Lodge 36, Reigate last changed hands on 18th December 2020, selling for £428,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 33.8% since December 2020.
- Sold Dec 2020£428,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 570 metres of Flat 4, Colebrooke Lodge 36, Reigate across the last 2 years.
Most recently, Flat 9, Colebrooke Lodge 36, Prices Lane, Reigate, RH2 8EE, a leasehold flat, sold at £420,950 on the 17th July 2023.
Read more about house prices in RH2.
- Sold Jul 2023£420,950 | 2 Bed FlatColebrooke Lodge 36, Prices LaneFlat 9, Colebrooke Lodge 36, Prices Lane, Reigate, RH2 8EE
- Sold Nov 2022£424,950 | 2 Bed FlatColebrooke Lodge 36, Prices LaneFlat 23, Colebrooke Lodge 36, Prices Lane, Reigate, RH2 8EE
- Sold Mar 2022£380,280 | 2 Bed FlatColebrooke Lodge 36, Prices LaneFlat 12A, Colebrooke Lodge 36, Prices Lane, Reigate, RH2 8EE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 4, Colebrooke Lodge 36, Reigate as the 102nd largest and the 87th most expensive of the 180 addresses on Prices Lane, Reigate, RH2.
Against the RH2 postcode district average, it is £280k less expensive than the typical property.
More reading links
Schools Nearby
- 700mDovers Green School
- 700mSandcross Primary School
- 1.4kmReigate Priory Community Junior School
- 700mReigate School
- 3.6kmSt Bede's School
- 3.6kmCarrington School
More reading links
Public Transport Nearby
Reigate station is the nearest stop to Flat 4, Colebrooke Lodge 36, Reigate at 2.1 kilometres away.
- 2.1kmReigate
- 2.3kmEarlswood (Surrey)
- 3.2kmRedhill
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
