48 Park Lane

    48, PARK LANE, REIGATE, RH2 8JX

    This detached freehold property on Park Lane last sold in August 2018 for £1,250,000. Based on price growth in the RH2 district since then, its estimated current value is £1,540,667 — placing it in the 98th percentile nationally and the 93rd percentile within RH2. The property covers 155 m² (1,668 sq ft), giving an estimated value of £9,940 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,668 sq ft

    155 m²

    Last Sale Price

    £1,250,000

    Aug 2018

    Estimated Valuation

    £1,540,667

    Est. £/sq ft

    £923/sq ft

    £9,940/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,668 sq ft (155 m²)
    EPC dateOct 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2018

    £1,250,000

    24 Apr 1995

    £230,000

    Key Metrics

    Estimated valuation£1,540,667
    Value per sq ft / m²£923/sq ft (£9,940/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH2 district percentile93rd percentile
    National percentile98th 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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