Flat 8, Elvington Lodge 40
Flat 8, Elvington Lodge 40
Description & Estimates
Public records show Flat 8, Elvington Lodge 40, Reigate to be a mid-century leasehold apartment with 947 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 8, Elvington Lodge 40, Reigate has an estimated sale value of £369,091 and an estimated rental value of £1,681 per month, assuming reasonable condition and based on the information available.
The apartment sits within Elvington Lodge, Reigate Hill, Reigate, RH2.
Reigate Hill, Reigate, RH2 lies in the borough of Reigate and Banstead, within the RH2 postal district.
Our Data Sources
Flat 8, Elvington Lodge 40, Reigate has 21 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated November 2022.
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
In very good condition, we estimate Flat 8, Elvington Lodge 40, Reigate would be worth £387,546, with a potential rental value of £1,765 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £343,255, with a rental value of £1,563 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 8, Elvington Lodge 40, Reigate has grown by £758 (0.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £81 (4.8%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 8, Elvington Lodge 40, Reigate has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 8, Elvington Lodge 40, Reigate last changed hands on 5th December 2023, selling for £300,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 8.3% since December 2023.
- Sold Dec 2023£300,000
- Sold Jun 2006£145,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 600 metres of Flat 8, Elvington Lodge 40, Reigate across the last 2 years.
Most recently, Flat 1, Waverley Court 2, Wray Park Road, Reigate, RH2 0DD, a leasehold flat, sold at £305,000 on the 15th November 2024.
Read more about house prices in RH2.
- Sold Nov 2024£305,000 | 2 Bed FlatWaverley Court 2, Wray Park RoadFlat 1, Waverley Court 2, Wray Park Road, Reigate, RH2 0DD
- Sold Jun 2024£388,000 | 2 Bed FlatLangley Court, Alma RoadFlat 2, Langley Court, Alma Road, Reigate, RH2 0EN
- Sold Jul 2022£380,000 | 2 Bed FlatWellingtonia Place 42, Reigate HillFlat 1, Wellingtonia Place 42, 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 8, Elvington Lodge 40, Reigate as the 67th largest and the 94th most expensive of the 221 addresses on Reigate Hill, Reigate, RH2.
Against the RH2 postcode district average, it is £310k less expensive than the typical property.
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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
Reigate station is the nearest stop to Flat 8, Elvington Lodge 40, Reigate at 100 metres away.
- 100mReigate
- 2.7kmRedhill
- 2.9kmEarlswood (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.
