Homewise says ..
Guide price for a Home for Life Lifetime Lease for OVER 60s tailored to your personal circumstances and requirements. Your price may vary. OVER 60s could benefit from SAVINGS of up to 59% from the market value with a one-off payment for a Lifetime Lease on this property. £215,000 GUIDE PRIC...
Property Oracle says ..
This property is a 2 bedroom, 1 bathroom apartment located on Somers Road in Reigate, Surrey. The listing price is significantly below the average price for the area, and the property is described as a “Home for Life Lifetime Lease” which is targeted towards those over 60. The property appears to be in good condition based on the photos provided, with a modern kitchen and bathroom. The apartment benefits from a private garden. However, the lack of square footage information makes a complete price comparison difficult. The proximity to Reigate town centre, train station, and schools is a positive aspect of the location. Given the target demographic and the leasehold nature of the property, the price may seem reasonable, although a direct comparison to similar properties is challenging due to the limited data.
Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 8
- Location
- 9
- Land
- 7
- Bedrooms
- 2
- Bathrooms
- 1
- Sqft (est)
- 650.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 815,909.00 £Increased by 12.95 %
- Est sale value
- 371,150.00 £Increased by 26.61 %
- Average area rental value
- 1,831.00 £/moIncreased by 12.12 %
- Est letting value
- 650.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.69 %Decreased by 0.74 %
- Crime Rate
- 3.00 %Unchanged by 0.00 %
Agent Activity
Homewise created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Micklefield School | Other Independent School | 0.26 KM | |
| Holmesdale Community Infant School | Academy Converter | 0.72 KM | |
| Reigate College | Academy 16-19 Converter | Outstanding | 0.86 KM |
| Reigate Steppingstones Sure Start Children'S Centre | Children's Centre Linked Site | 0.94 KM | |
| Reigate Priory Community Junior School | Community School | Outstanding | 0.95 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pilgrims Way | £ 1,450,000 | 0 | 0.00 KM |
| Washington Close | £ 1,500,000 | 0 | 0.00 KM |
| Manor Road | £ 0 | 0 | 0.00 KM |
| Evesham Road | £ 0 | 0 | 0.00 KM |
| Tunnel Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Reigate | 5480 | REI | 0.61 KM |
| Earlswood (Surrey) | 5414 | ELD | 4.60 KM |
| Redhill | 5478 | RDH | 4.78 KM |
| Kingswood | 5366 | KND | 5.68 KM |
| Tadworth | 5386 | TAD | 6.11 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Somers Road, Reigate, Surrey | £ 325,000 | BUY | 7 / 10 | 0.00 KM |
| Somers Road, Reigate | £ 285,000 | BUY | 8 / 10 | 0.01 KM |
| TOP FLOOR FLAT ,24 SOMERS ROAD, REIGATE, SURREY | £ 195,000 | BUY | 5 / 10 | 0.01 KM |
| Somers Road, Reigate, Surrey, RH2 | £ 295,000 | BUY | 6 / 10 | 0.04 KM |
| Somers Road, Reigate, RH2 9DZ | £ 325,000 | BUY | Unknown | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 24 Somers Road | £ 306,000 | 0.05 KM |
| 32 Somers Road | £ 94,950 | 0.05 KM |
| 22 Somers Road | £ 1,000,000 | 0.05 KM |
| 37a Somers Road | £ 105,000 | 0.08 KM |
| 23 Somers Road | £ 1,750,000 | 0.08 KM |