Martin & Co says ..
An investment opportunity with a tenant insitu - a 2 bedroom, 1 bathroom apartment with a good size lounge leading onto an outside balcony and a kitchen. There are communal gardens, a garage en bloc, residents parking, storage and entry phone system. This popular development is set behind a se...
Property Oracle says ..
Reigate is a popular commuter town located in Surrey, within easy reach of London. The property is conveniently situated near Reigate railway station, providing good transport links. The proximity to several well-regarded schools, such as Reigate College (rated Outstanding by Ofsted), adds to its appeal for families. Based on the images provided, the property appears to be in reasonable condition. The kitchen and bathroom show some signs of age, but are functional. The living areas are clean and well-maintained, though the decor is somewhat dated. There is no significant evidence of damage or disrepair. The property does not have a private garden, which is a common feature of apartments. However, there is access to communal green space, as seen in the exterior images. Considering the property’s location in Reigate, its reasonable condition, and the lack of a private garden, the list price of £299,950 seems relatively reasonable compared to the average price of similar properties in the area. While the average price per square foot in the area is £506, this property is smaller than average, and the lack of a garden may account for the lower price. The nearby comparable listings support this assessment, with prices ranging from £154,000 to £300,000 for various property types. However, a direct comparison is difficult due to the lack of consistent square footage data in the nearby listings.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 7
- Location
- 8
- Land
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 639.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 815,909.00 £Increased by 12.95 %
- Est sale value
- 364,869.00 £Increased by 26.61 %
- Average area rental value
- 1,831.00 £/moIncreased by 12.12 %
- Est letting value
- 639.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.69 %Decreased by 0.74 %
- Crime Rate
- 44.00 %Unchanged by 0.00 %
Agent Activity
Martin & Co created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Micklefield School | Other Independent School | 0.12 KM | |
| Holmesdale Community Infant School | Academy Converter | 0.42 KM | |
| Reigate College | Academy 16-19 Converter | Outstanding | 0.51 KM |
| Reigate Steppingstones Sure Start Children'S Centre | Children's Centre Linked Site | 0.71 KM | |
| Reigate Priory Community Junior School | Community School | Outstanding | 0.82 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Tunnel Road | £ 0 | 0 | 0.00 KM |
| Brewery Yard | £ 0 | 0 | 0.00 KM |
| Pilgrims Way | £ 1,450,000 | 0 | 0.00 KM |
| Washington Close | £ 1,500,000 | 0 | 0.00 KM |
| Church Walk | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Reigate | 5480 | REI | 0.23 KM |
| Earlswood (Surrey) | 5414 | ELD | 4.22 KM |
| Redhill | 5478 | RDH | 4.40 KM |
| Kingswood | 5366 | KND | 5.79 KM |
| Tadworth | 5386 | TAD | 6.37 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Somers Close, Reigate | £ 299,950 | BUY | 6 / 10 | 0.00 KM |
| Somers Close, Reigate, Surrey | £ 182,000 | BUY | 5 / 10 | 0.01 KM |
| Somers Close, Reigate, Surrey | £ 275,000 | BUY | Unknown | 0.01 KM |
| Flat 16 Littleton House, Somers Close, Reigate, Surrey, RH2 | £ 210,000 | BUY | 5 / 10 | 0.02 KM |
| Somers Close, Reigate | £ 290,000 | BUY | 6 / 10 | 0.03 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 36b Reigate Hill | £ 155,000 | 0.10 KM |
| 36a Reigate Hill | £ 154,000 | 0.10 KM |
| 32a Reigate Hill | £ 230,000 | 0.10 KM |
| 32b Reigate Hill | £ 215,000 | 0.10 KM |
| 30 Reigate Hill | £ 550,000 | 0.10 KM |