FLAT 2, 8, REIGATE ROAD, REIGATE, RH2 0QL - £217,000

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 2 8 REIGATE ROAD is a small flat of 58m², built sometime between 1900 and 1929, which could now be worth an estimated £290,668. It was last sold for £217,000 in March 2014, which was around 8% above the average March 2014 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

FLAT 2 8 REIGATE ROAD Sold Prices

Land registry data shows four sales for FLAT 2 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. All of the four FLAT 2 8 REIGATE ROAD 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
2014 28 MAR	£217,000	£201,327	8% above HPI
2014 28 MAR	£217,000	£201,327	8% above HPI
2010 1 OCT	£192,000	£177,551	8% above HPI
2006 24 NOV	£178,500	£176,933	1% above HPI

What might FLAT 2 8 REIGATE ROAD be worth now?

FLAT 2 8 REIGATE ROAD might now be worth an estimated £290,668.

This is based on house price inflation of 33.9%, between March 2014 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 33.9% inflationary increase is applied to the most recent sale price for FLAT 2 8 REIGATE ROAD of £217,000 on 28th March 2014. For the value to have increased from £217,000 to £290,668 over the eleven years and ten months to May 2026, the following assumptions must hold true:

• The value of FLAT 2 8 REIGATE ROAD has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The March 2014 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 2 8 REIGATE ROAD has not materially changed since March 2014.

How Large is FLAT 2 8 REIGATE ROAD?

FLAT 2 8 REIGATE ROAD is 58m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 40% of flats in Reigate, based on EPC data. 33% of flats are smaller than FLAT 2 8 REIGATE ROAD, and 66% of flats are larger. Note that EPC data is not available for all properties in Reigate.

FLAT 2 8 REIGATE ROAD: Plot

FLAT 2 8 REIGATE ROAD sits on a plot of roughly 0.088 of an acre, or 357m².

Where is FLAT 2 8 REIGATE ROAD?

FLAT 2, 8 REIGATE ROAD is located in REIGATE, in the RH2 postcode district.