Hitchings Way, Reigate, RH2

Street Guide For Hitchings Way, Reigate, RH2

 

Hitchings Way, Reigate, RH2 Map

Estimated Price: £392,219
Average Asking Price: £663,120
Price change in last one year: £26,666
Average Price Paid: £314,988
Average Rent Rates: £1,531

 

Property Prices Breakdown in Hitchings Way, Reigate, RH2

Average Price for property in Hitchings Way, Reigate, RH2 is around £392,219 which varies based on type of property you are interested in and ranges from £451,806 for detached house to around £382,872 for semi-detached. Values have been changing and have risen £2,768 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,123 in last 6 months, £26,666 in last 1 year, £48,639 in last 2 years, £62,635 in last 3 years, £56,838 in last 4 years and £59,612 in last 5 years.

Currently average asking price of a property in Hitchings Way, Reigate, RH2 is around £663,120 based on approximately 3 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £1,531 per month.

Estimated property value in Hitchings Way, Reigate, RH2 is £392,219. Average asking price is £663,120 while average price paid is £376,666 which is up by £26,666 and Avg. asking rent £1,531.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Hitchings Way, Reigate, RH2 area. In last 1 year alone average price buyer paid is around £376,666 based on approximately 3 sales in Hitchings Way, Reigate, RH2 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £313,917. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £314,988 for 17 and average amount paid for purchase of approx. 20 properties sold in last 7 years comes to about £314,640 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £129,950, £398,750 for a 2 bedroom house, £519,148 for a 3 bedroom house, £832,306 for a 4 bedroom house and £1,063,328 for a 5 bedroom house. For a flat similarly the prices varies from £219,375 for a single bedroom to £333,275 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £630,000. To sum up the asking prices for properties in Hitchings Way, Reigate, RH2 it comes to around average £201,490 for 1 bedroom property, £349,644 for 2 bedroom, £522,508 for 3 bedroom, £832,306 for 4 bedroom and £1,063,328 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £1,051 for 1 bedroom to £1,364 for 2 bedrooms, £1,564 for 3 bedrooms, £2,663 for 4 bedrooms and £3,394 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £923. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £1,261 and £1,224 for 3 bedroom. You should be generally be expecting around average £987 rent per month for single bedroom property, £1,300 for 2 bedroom, £1,428 for 3 bedroom, £2,663 for 4 bedroom and approximately £3,394 for a 5 bedroom property in Hitchings Way, Reigate, RH2 area.

Popular Houses in Hitchings Way, Reigate, RH2

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Hitchings Way, Reigate, RH2