8, BURNHAM DRIVE, REIGATE, RH2 9HD - £495,000

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.

8 BURNHAM DRIVE is a small terraced house of 80m², built sometime between 1967 and 1975, which could now be worth an estimated £514,800. It was last sold for £495,000 in May 2024, which was around 20% above the average May 2024 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2023, where the current energy rating was E, and the potential energy rating was C.

8 BURNHAM DRIVE Sold Prices

Land registry data shows one sale for 8 BURNHAM DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 8 MAY	£495,000	£413,455	20% above HPI

What might 8 BURNHAM DRIVE be worth now?

8 BURNHAM DRIVE might now be worth an estimated £514,800.

This is based on house price inflation of 4%, between May 2024 and May 2026, for terraced 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 4% inflationary increase is applied to the most recent sale price for 8 BURNHAM DRIVE of £495,000 on 8th May 2024. For the value to have increased from £495,000 to £514,800 over the two years to May 2026, the following assumptions must hold true:

• The value of 8 BURNHAM DRIVE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The May 2024 sale price of £495,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BURNHAM DRIVE has not materially changed since May 2024.

How Large is 8 BURNHAM DRIVE?

8 BURNHAM DRIVE is 80m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of terraced houses in Reigate, based on EPC data. The below chart shows the distribution of terraced houses by size in Reigate, and where 8 BURNHAM DRIVE lies on this distribution: 26% of terraced houses are smaller than 8 BURNHAM DRIVE, and 73% of terraced houses are larger. Note that EPC data is not available for all properties in Reigate.

8 BURNHAM DRIVE: Plot

8 BURNHAM DRIVE sits on a plot of roughly 0.041 of an acre, or 164m².

Where is 8 BURNHAM DRIVE?

8 BURNHAM DRIVE is located in REIGATE, in the RH2 postcode district.