39, WRAY COMMON ROAD, REIGATE, RH2 0ND - £176,000

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.

39 WRAY COMMON ROAD is a very small flat of 25m², built sometime before 1900, which could now be worth an estimated £170,801. It was last sold for £176,000 in November 2024, which was around 37% below the average November 2024 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2020, where the current energy rating was E, and the potential energy rating was C.

39 WRAY COMMON ROAD Sold Prices

Land registry data shows seven sales for 39 WRAY COMMON ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. All of the seven 39 WRAY COMMON ROAD 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
2024 29 NOV	£176,000	£277,883	37% below HPI
2022 25 MAR	£210,000	£272,168	23% below HPI
2021 24 MAR	£162,500	£264,431	39% below HPI
2007 18 MAY	£105,000	£191,286	45% below HPI
2002 12 DEC	£81,000	£146,238	45% below HPI
2001 9 MAR	£57,000	£104,633	46% below HPI
1995 13 FEB	£34,000	£55,366	39% below HPI

What might 39 WRAY COMMON ROAD be worth now?

39 WRAY COMMON ROAD might now be worth an estimated £170,801.

This is based on house price deflation of 3%, between November 2024 and May 2026, for flats, 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 3% deflationary decrease is applied to the most recent sale price for 39 WRAY COMMON ROAD of £176,000 on 29th November 2024. For the value to have decreased from £176,000 to £170,801 over the two years and six months to May 2026, the following assumptions must hold true:

• The value of 39 WRAY COMMON ROAD has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The November 2024 sale price of £176,000 represented a fair market value for the property.
• The size, condition, and specification of 39 WRAY COMMON ROAD has not materially changed since November 2024.

How Large is 39 WRAY COMMON ROAD?

39 WRAY COMMON ROAD is 25m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 10% of flats in Reigate, based on EPC data. Less than 1% of flats are smaller than 39 WRAY COMMON ROAD, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Reigate.

39 WRAY COMMON ROAD: Plot

39 WRAY COMMON ROAD sits on a plot of roughly 1.0 acres, or 4,248m².

Where is 39 WRAY COMMON ROAD?

39 WRAY COMMON ROAD is located in REIGATE, in the RH2 postcode district.