Average Price for property in Park Lane East, Reigate, RH2 is around £486,476 which varies based on type of property you are interested in and ranges from £728,165 for detached house to around £493,857 for semi-detached. Similarly terraced house is around £333,642 and a flat is worth £308,541. Values have been changing and have risen £3,371 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,456 in last 6 months, £32,473 in last 1 year, £59,229 in last 2 years, £76,271 in last 3 years, £69,213 in last 4 years and £72,590 in last 5 years.
Currently average asking price of a property in Park Lane East, Reigate, RH2 is around £663,120 based on approximately 2 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 Park Lane East, Reigate, RH2 is £486,476. Average asking price is £663,120 while average price paid is £565,000 which is up by £32,473 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 Park Lane East, Reigate, RH2 area. In last 1 year alone average price buyer paid is around £565,000 based on approximately 2 sales in Park Lane East, Reigate, RH2 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £425,130. 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 £410,773 for 28 and average amount paid for purchase of approx. 33 properties sold in last 7 years comes to about £394,640 per sale.