6, MARK STREET, REIGATE, RH2 0BL - £605,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

6 MARK STREET is a very small extended detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £734,752. It was last sold for £605,000 in June 2019, which was around 23% below the average June 2019 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was B.

6 MARK STREET Sold Prices

Land registry data shows three sales for 6 MARK STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 6 MARK STREET sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 7 JUN	£605,000	£781,282	23% below HPI
2010 13 SEP	£327,000	£527,104	38% below HPI
2007 14 SEP	£325,000	£533,127	39% below HPI

6 MARK STREET Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The three 6 MARK STREET sales between September 2007 and June 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2010 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the June 2019 sale, where it rises to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 6 MARK STREET be worth now?

6 MARK STREET might now be worth an estimated £734,752.

This is based on house price inflation of 21.4%, between June 2019 and April 2026, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 21.4% inflationary increase is applied to the most recent sale price for 6 MARK STREET of £605,000 on 7th June 2019. For the value to have increased from £605,000 to £734,752 over the seven years and two months to April 2026, the following assumptions must hold true:

• The value of 6 MARK STREET has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The June 2019 sale price of £605,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MARK STREET has not materially changed since June 2019.

How Large is 6 MARK STREET?

6 MARK STREET is 89m², which includes one extension, according to the EPC inspection conducted in August 2017. This puts it in the smallest 10% of detached houses houses in Reigate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Reigate, and where 6 MARK STREET lies on this distribution: 5% of detached houses houses are smaller than 6 MARK STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Reigate.

6 MARK STREET: Plot and Title Map

6 MARK STREET sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 6 MARK STREET, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 6 MARK STREET). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 6 MARK STREET?

6 MARK STREET is located in REIGATE, in the RH2 postcode district. The below map shows the position of No. 6 on MARK STREET.