Flat 7, Elvington Lodge 40
Flat 7, Elvington Lodge 40
Description & Estimates
Flat 7, Elvington Lodge 40, Reigate is recorded publicly as a mid-century leasehold apartment across 645 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 7, Elvington Lodge 40, Reigate is £299,914 and its rental estimate is £1,437 per month, given the available information and assuming reasonable condition.
Elvington Lodge, Reigate Hill is a residential building on Reigate Hill, Reigate, RH2 and falls within the RH2 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 7, Elvington Lodge 40, Reigate has 2 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated November 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 7, Elvington Lodge 40, Reigate, we estimate a market value of £314,910 and a rental value of £1,509 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £278,920 and £1,337 per month respectively.
Recent Market Change
Over the last year, Flat 7, Elvington Lodge 40, Reigate has seen its estimated sale value increase by £616 (0.2%) and its estimated rental value grow by £69 per month (4.8%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 7, Elvington Lodge 40, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 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
The most recent sale of Flat 7, Elvington Lodge 40, Reigate completed on 21st November 2022 at £370,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 6.2% over the period since November 2022.
- Sold Nov 2022£370,000
- Sold Aug 2016£314,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 7, Elvington Lodge 40, Reigate have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2024, was Flat 5, Clayhall House, Somers Close, Reigate, RH2 9EB, a leasehold flat which sold for £290,000.
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 Feb 2024£282,500 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 5, 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
Of the 221 addresses on Reigate Hill, Reigate, RH2, Flat 7, Elvington Lodge 40, Reigate comes out as the 158th largest and the 141st most expensive in our analysis of the public data.
It is also £379k less expensive than the average property across the RH2 district.
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
From Flat 7, Elvington Lodge 40, Reigate, the nearest station is Reigate, 100 metres away.
- 100mReigate
- 2.7kmRedhill
- 2.9kmEarlswood (Surrey)
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
