FLAT 5, 8, REIGATE ROAD, REIGATE, RH2 0QL - £106,500

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 5 8 REIGATE ROAD is a very small flat of 20m², built sometime between 1900 and 1929, which could now be worth an estimated £112,443. It was last sold for £106,500 in August 2019, which was around 58% below the average August 2019 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was C.

FLAT 5 8 REIGATE ROAD Sold Prices

Land registry data shows one sale for FLAT 5 8 REIGATE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2019 2 AUG	£106,500	£255,421	58% below HPI

What might FLAT 5 8 REIGATE ROAD be worth now?

FLAT 5 8 REIGATE ROAD might now be worth an estimated £112,443.

This is based on house price inflation of 5.6%, between August 2019 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 5.6% inflationary increase is applied to the most recent sale price for FLAT 5 8 REIGATE ROAD of £106,500 on 2nd August 2019. For the value to have increased from £106,500 to £112,443 over the seven years and three months to May 2026, the following assumptions must hold true:

• The value of FLAT 5 8 REIGATE ROAD has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The August 2019 sale price of £106,500 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 8 REIGATE ROAD has not materially changed since August 2019.

How Large is FLAT 5 8 REIGATE ROAD?

FLAT 5 8 REIGATE ROAD is 20m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% of flats in Reigate, based on EPC data. Less than 1% of flats are smaller than FLAT 5 8 REIGATE ROAD, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Reigate.

FLAT 5 8 REIGATE ROAD: Plot

FLAT 5 8 REIGATE ROAD sits on a plot of roughly 0.088 of an acre, or 357m².

Where is FLAT 5 8 REIGATE ROAD?

FLAT 5, 8 REIGATE ROAD is located in REIGATE, in the RH2 postcode district.