South Road, Reigate, RH2

Street Guide For South Road, Reigate, RH2

 

South Road, Reigate, RH2 Map

Estimated Price: £520,287
Average Asking Price: £663,120
Price change in last one year: £35,275
Average Price Paid: £383,164
Average Rent Rates: £1,531

 

Property Prices Breakdown in South Road, Reigate, RH2

Average Price for property in South Road, Reigate, RH2 is around £520,287 which varies based on type of property you are interested in and ranges from £609,775 for detached house to around £471,352 for semi-detached. Similarly terraced house is around £460,130. Values have been changing and have risen £3,662 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £8,100 in last 6 months, £35,275 in last 1 year, £64,340 in last 2 years, £82,852 in last 3 years, £75,184 in last 4 years and £78,853 in last 5 years.

Currently average asking price of a property in South Road, Reigate, RH2 is around £663,120 based on approximately 0 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 South Road, Reigate, RH2 is £520,287. Average asking price is £663,120 while average price paid is £487,500 which is up by £82,852 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 South Road, Reigate, RH2 area. In last 3 years alone average price buyer paid is around £487,500 based on approximately 2 sales in South Road, Reigate, RH2 area alone. If you compare it to last 5 years sales of 11 properties where buyers paid around £383,164. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £366,843 for 14 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 South Road, 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 South Road, Reigate, RH2 area.

Popular Houses in South Road, 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 South Road, Reigate, RH2