Flat 5, Elvington Lodge 40
Flat 5, Elvington Lodge 40
Description & Estimates
According to the public record, Flat 5, Elvington Lodge 40, Reigate is a mid-century leasehold apartment with 645 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 5, Elvington Lodge 40, Reigate is £299,914 and the estimated rental value is £1,437 per month.
The apartment is within Elvington Lodge, Reigate Hill, Reigate, RH2.
Reigate Hill, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Our Data Sources
Flat 5, Elvington Lodge 40, Reigate has 51 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 5, Elvington Lodge 40, Reigate is in very good condition we estimate a sale value of £314,910 and a rental value of £1,509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,920 and a rental value of £1,337 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Elvington Lodge 40, Reigate has risen by £616 (0.2%), while its estimated rental value has moved up by £69 per month (4.8%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
Flat 5, Elvington Lodge 40, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 5, Elvington Lodge 40, Reigate was last sold on 16th February 2024 for £282,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since February 2024, the market for similar properties has risen by 7.4%.
- Sold Feb 2024£282,500
- Sold Oct 2014£260,000
- Sold Jan 2009£165,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Elvington Lodge 40, Reigate within a radius of 600 metres over the last 2 years.
The most recent example is Flat 5, Clayhall House, Somers Close, Reigate, RH2 9EB, a leasehold flat which sold for £290,000 on the 19th December 2024.
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 Nov 2022£370,000 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 7, Elvington Lodge 40, Reigate Hill, Reigate, RH2 9NG
- Sold Aug 2022£325,000 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 6, 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
Reigate Hill, Reigate, RH2 has a total of 221 addresses. According to our analysis of all the public data, Flat 5, Elvington Lodge 40, Reigate is the 159th largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £379k less expensive than the average property in RH2.
More reading links
Schools Nearby
- 300mHolmesdale Community Infant School
- 800mReigate Priory Community Junior School
- 1.2kmReigate Parish Church Primary School
- 2.2kmReigate School
- 2.2kmSt Bede's School
- 3.0kmCarrington School
More reading links
Public Transport Nearby
The closest station to Flat 5, Elvington Lodge 40, Reigate is Reigate station, which is 100 metres away.
- 100mReigate
- 2.7kmRedhill
- 2.9kmEarlswood (Surrey)
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
