LOWER FLAT, 68, CHART LANE, REIGATE, RH2 7EA - £425,000

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.

LOWER FLAT is a very large flat of 95m², built sometime before 1900, which could now be worth an estimated £485,838. It was last sold for £425,000 in December 2015, which was around 76% above the average December 2015 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2010, where the current energy rating was E, and the potential energy rating was E.

LOWER FLAT Sold Prices

Land registry data shows one sale for LOWER FLAT 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
2015 11 DEC	£425,000	£241,162	76% above HPI

What might LOWER FLAT be worth now?

LOWER FLAT might now be worth an estimated £485,838.

This is based on house price inflation of 14.3%, between December 2015 and April 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 14.3% inflationary increase is applied to the most recent sale price for LOWER FLAT of £425,000 on 11th December 2015. For the value to have increased from £425,000 to £485,838 over the eleven years and eight months to April 2026, the following assumptions must hold true:

• The value of LOWER FLAT has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The December 2015 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of LOWER FLAT has not materially changed since December 2015.

How Large is LOWER FLAT?

LOWER FLAT is 95m² according to the EPC inspection conducted in September 2010. This puts it in the largest 20% of flats in Reigate, based on EPC data. 90% of flats are smaller than LOWER FLAT, and 10% of flats are larger. Note that EPC data is not available for all properties in Reigate.

LOWER FLAT: Plot

LOWER FLAT sits on a plot of roughly 0.082 of an acre, or 330m².