Flat 9 Derwent House Park Lane East

    FLAT 9 DERWENT HOUSE, PARK LANE EAST, REIGATE, RH2 8LR

    This flat/maisonette leasehold property on Park Lane East last sold in September 2015 for £179,000. Based on price growth in the RH2 district since then, its estimated current value is £203,736 — placing it in the 25th percentile nationally and the 4th percentile within RH2. The property covers 41 m² (441 sq ft), giving an estimated value of £4,969 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    441 sq ft

    41 m²

    Last Sale Price

    £179,000

    Sept 2015

    Estimated Valuation

    £203,736

    Est. £/sq ft

    £462/sq ft

    £4,969/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area441 sq ft (41 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2015

    £179,000

    13 Feb 2007

    £132,500

    Key Metrics

    Estimated valuation£203,736
    Value per sq ft / m²£462/sq ft (£4,969/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    RH2 district percentile4th percentile
    National percentile25th 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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