FLAT 1, 8, REIGATE ROAD, REIGATE, RH2 0QL - £310,000

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.

FLAT 1 8 REIGATE ROAD is a large flat of 73m², built sometime before 1900, which could now be worth an estimated £302,206. It was last sold for £310,000 in June 2023, which was around 12% above the average June 2023 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was C.

FLAT 1 8 REIGATE ROAD Sold Prices

Land registry data shows four sales for FLAT 1 8 REIGATE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. Most of the four FLAT 1 8 REIGATE 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
2023 5 JUN	£310,000	£276,629	12% above HPI
2002 7 AUG	£125,000	£133,230	6% below HPI
1999 30 NOV	£74,000	£87,085	15% below HPI
1995 17 AUG	£52,950	£55,954	5% below HPI

What might FLAT 1 8 REIGATE ROAD be worth now?

FLAT 1 8 REIGATE ROAD might now be worth an estimated £302,206.

This is based on house price deflation of 2.5%, between June 2023 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 2.5% deflationary decrease is applied to the most recent sale price for FLAT 1 8 REIGATE ROAD of £310,000 on 5th June 2023. For the value to have decreased from £310,000 to £302,206 over the three years and one month to May 2026, the following assumptions must hold true:

• The value of FLAT 1 8 REIGATE ROAD has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The June 2023 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 8 REIGATE ROAD has not materially changed since June 2023.

How Large is FLAT 1 8 REIGATE ROAD?

FLAT 1 8 REIGATE ROAD is 73m² according to the EPC inspection conducted in January 2022. This puts it in the largest 40% of flats in Reigate, based on EPC data. 64% of flats are smaller than FLAT 1 8 REIGATE ROAD, and 34% of flats are larger. Note that EPC data is not available for all properties in Reigate.

FLAT 1 8 REIGATE ROAD: Plot

FLAT 1 8 REIGATE ROAD sits on a plot of roughly 0.088 of an acre, or 357m².

Where is FLAT 1 8 REIGATE ROAD?

FLAT 1, 8 REIGATE ROAD is located in REIGATE, in the RH2 postcode district.