Flat 5, Flanchford House
Flat 5, Flanchford House
Description & Estimates
According to the public record, Flat 5, Flanchford House, Reigate is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Flanchford House, Reigate is £298,496 and the estimated rental value is £1,406 per month.
The apartment is within Flanchford House, Somers Close, Reigate, RH2.
Somers Close, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Our Data Sources
Flat 5, Flanchford House, Reigate has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated March 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
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, Flanchford House, Reigate is in very good condition we estimate a sale value of £313,421 and a rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,601 and a rental value of £1,307 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Flanchford House, Reigate has dropped by £1,662 (0.6%), while its estimated rental value has risen by £56 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 5.7%.
Energy Efficiency
Flat 5, Flanchford House, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Mar 2020.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 5, Flanchford House, Reigate was last sold on 6th December 2013 for £225,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2013, the market for similar properties has risen by 46.7%.
- Sold Dec 2013£225,000
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, Flanchford House, Reigate within a radius of 620 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 Jun 2024£245,000 | 2 Bed FlatLittleton House, Somers CloseFlat 20, Littleton House, Somers Close, Reigate, RH2 9DS
- Sold Feb 2024£282,500 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 5, 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
Somers Close, Reigate, RH2 has a total of 60 addresses. According to our analysis of all the public data, Flat 5, Flanchford House, Reigate is the 25th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £380k less expensive than the average property in RH2.
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
The closest station to Flat 5, Flanchford House, Reigate is Reigate station, which is 200 metres away.
- 200mReigate
- 2.8kmRedhill
- 3.0kmEarlswood (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.
