Flat 7, Flanchford House
Flat 7, Flanchford House
Description & Estimates
Public records show Flat 7, Flanchford House, Reigate to be a mid-century leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 7, Flanchford House, Reigate has an estimated sale value of £304,142 and an estimated rental value of £1,427 per month, assuming reasonable condition and based on the information available.
The apartment sits within Flanchford House, Somers Close, Reigate, RH2.
Somers Close, Reigate, RH2 lies in the borough of Reigate and Banstead, within the RH2 postal district.
Our Data Sources
Flat 7, Flanchford House, Reigate has 3 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated May 2016.
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
In very good condition, we estimate Flat 7, Flanchford House, Reigate would be worth £319,349, with a potential rental value of £1,499 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £282,852, with a rental value of £1,327 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 7, Flanchford House, Reigate has dropped by £1,693 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £57 (4.0%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 7, Flanchford House, Reigate has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2016.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Room heaters, electric.
Sold Prices
Flat 7, Flanchford House, Reigate last changed hands on 5th September 2022, selling for £325,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 10.3% since September 2022.
- Sold Sep 2022£325,000
- Sold Nov 2019£290,000
- Sold Oct 2016£299,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 620 metres of Flat 7, Flanchford House, Reigate across the last 2 years.
Most recently, Flat 5, Clayhall House, Somers Close, Reigate, RH2 9EB, a leasehold flat, sold at £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 Feb 2024£282,500 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 5, Elvington Lodge 40, Reigate Hill, Reigate, RH2 9NG
- Sold Nov 2022£370,000 | 2 Bed FlatElvington Lodge 40, Reigate HillFlat 7, 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
Our analysis of the public data ranks Flat 7, Flanchford House, Reigate as the 14th largest and the 5th most expensive of the 60 addresses on Somers Close, Reigate, RH2.
Against the RH2 postcode district average, it is £375k less expensive than the typical property.
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
Reigate station is the nearest stop to Flat 7, Flanchford House, Reigate at 200 metres away.
- 200mReigate
- 2.8kmRedhill
- 3.0kmEarlswood (Surrey)
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
