2 Park Lane East

    2, PARK LANE EAST, REIGATE, RH2 8HN

    This detached freehold property on Park Lane East last sold in January 2024 for £1,062,000. Based on price growth in the RH2 district since then, its estimated current value is £1,083,827 — placing it in the 96th percentile nationally and the 81st percentile within RH2. The property covers 180 m² (1,938 sq ft), giving an estimated value of £6,021 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,938 sq ft

    180 m²

    Last Sale Price

    £1,062,000

    Jan 2024

    Estimated Valuation

    £1,083,827

    Est. £/sq ft

    £559/sq ft

    £6,021/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area1,938 sq ft (180 m²)
    EPC dateApr 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Jan 2024

    £1,062,000

    17 May 2013

    £490,000

    5 Jun 2009

    £422,000

    5 Dec 1997

    £165,000

    Key Metrics

    Estimated valuation£1,083,827
    Value per sq ft / m²£559/sq ft (£6,021/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH2 district percentile81st percentile
    National percentile96th percentile

    District Context — RH2

    RH2 covers Redhill, Reigate, and surrounding areas in south Surrey, positioned between London and the Sussex coast. It is an affluent suburban and semi-rural district with strong commuter appeal and well-established residential communities.

    Average Property Price - RH2

    £673,713

    92

    National percentile

    Average Net Household Income - RH2

    £53,952

    94

    National percentile

    10-Year Annualised Price Growth - RH2

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - RH

    3.6%

    34

    National percentile

    View full analysis for RH2

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