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According to the public record, Flat 7, Charlotte House, Reigate is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 413 ft2 of internal area and a balcony.
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 7, Charlotte House, Reigate is £133,352 and the estimated rental value is £725 per month.
The apartment is within Charlotte House, The Cedars, Reigate, RH2.
The Cedars, Reigate, RH2 is located in the borough of Reigate and Banstead within the RH2 postal district.
Flat 7, Charlotte House, Reigate has a single entry in the Land Registry from June 2015 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 7, Charlotte House, Reigate is in very good condition we estimate a sale value of £140,019 and a rental value of £761 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,017 and a rental value of £674 per month.
Over the last 12 months the sale value of Flat 7 Charlotte House Reigate has decreased by an estimated £1,098 (0.8%) and its rental value has increased by an estimated £34 per month (4.7%), giving an expected gross yield of 6.5%.
According to HM Land Registry, Flat 7, Charlotte House, Reigate was last sold on 24th June 2015 for £104,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2015, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Charlotte House, Reigate within a radius of 630 metres over the last 2 years.
The most recent example is Flat 5, Charlotte House, The Cedars, Reigate, RH2 0JS, a leasehold flat which sold for £92,000 on the 20th June 2019.
Read more about house prices in RH2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Cedars, Reigate, RH2 has a total of 48 addresses. According to our analysis of all the public data, Flat 7, Charlotte House, Reigate is the 42nd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £535k less expensive than the average property in RH2.
The closest station to Flat 7, Charlotte House, Reigate is Reigate station which is 1.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Charlotte House, Reigate, 84.1% of property is socially rented and 8.7% is shared ownership.
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 7, Charlotte House, Reigate, 21.1% of residents are recorded as possessing school level qualifications and 26.4% 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 7, Charlotte House, Reigate, the average age was 39.5 and the most common age was 47.
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 7, Charlotte House, Reigate, 0.0% 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 7, Charlotte House, Reigate, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
