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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Flat 4, Rowan House, Reigate to be a mid-century leasehold apartment with 602 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 4, Rowan House, Reigate has an estimated sale value of £300,538 and an estimated rental value of £1,392 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rowan House, Oakfield Drive, Reigate, RH2.
Oakfield Drive, Reigate, RH2 lies in the borough of Reigate and Banstead, within the RH2 postal district.
Flat 4, Rowan House, Reigate has 51 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated February 2014.
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 4, Rowan House, Reigate would be worth £315,564, with a potential rental value of £1,462 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,500, with a rental value of £1,295 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 4, Rowan House, Reigate has moved up by £617 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £67 (4.8%). The property's estimated gross yield is currently 5.6%.
Flat 4, Rowan House, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Flat 4, Rowan House, Reigate last changed hands on 24th August 2019, selling for £275,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 6.9% since August 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of Flat 4, Rowan House, Reigate across the last 2 years.
Most recently, Flat 2, Oak House, Oakfield Drive, Reigate, RH2 9NY, a leasehold flat, sold at £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.
Our analysis of the public data ranks Flat 4, Rowan House, Reigate as the 35th largest and the 23rd most expensive of the 40 addresses on Oakfield Drive, Reigate, RH2.
Against the RH2 postcode district average, it is £378k less expensive than the typical property.
Reigate station is the nearest stop to Flat 4, Rowan House, Reigate at 500 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 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 4, 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 4, 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 4, 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 4, 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.
