5, RIDGEGATE CLOSE, REIGATE, RH2 0HT - £725,000

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.

5 RIDGEGATE CLOSE is a detached house, which could now be worth an estimated £1,286,593. It was last sold for £725,000 in December 2007, which was around 36% above the average December 2007 detached price in the Reigate and Banstead local authority area.

5 RIDGEGATE CLOSE Sold Prices

Land registry data shows three sales for 5 RIDGEGATE CLOSE 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 5 RIDGEGATE CLOSE sales were for above 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
2007 14 DEC	£725,000	£534,675	36% above HPI
2007 9 MAR	£539,950	£485,140	11% above HPI
1999 13 MAY	£239,950	£220,934	9% above HPI

What might 5 RIDGEGATE CLOSE be worth now?

5 RIDGEGATE CLOSE might now be worth an estimated £1,286,593.

This is based on house price inflation of 77.5%, between December 2007 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 77.5% inflationary increase is applied to the most recent sale price for 5 RIDGEGATE CLOSE of £725,000 on 14th December 2007. For the value to have increased from £725,000 to £1,286,593 over the nineteen years and eight months to April 2026, the following assumptions must hold true:

• The value of 5 RIDGEGATE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The December 2007 sale price of £725,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RIDGEGATE CLOSE has not materially changed since December 2007.

Where is 5 RIDGEGATE CLOSE?

5 RIDGEGATE CLOSE is located in REIGATE, in the RH2 postcode district.