Sold STC Maisonette

34A

MEADOW WAY, REIGATE, SURREY RH2 8DR

2 beds 1 baths 484 sq ft Listed 6 Jan 2023 (-1291d)

£275,000

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Front

Front Rear Garden Kitchen Lounge Lounge (Modern Style) Bedroom 1 Bedroom 1 (Modern Style) Bathroom Bedroom 2 Bedroom 2 (Modern Style) Lounge Lounge (Modern Style)

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Property details

Tenure

LEASEHOLD (122 years remaining on lease)

Floor area

45 m²

Council tax band

C

EPC rating

E

Year built

England and Wales: 1930-1949

Last sold

£272,000 Sep 2025

Price per m²

£6,111/m²

Local average

£307,357 (-10.5%)

Deprivation

Decile 10 (31,335 of 33,755)

Street crime

57 incidents within 1 mile (May 2026)

Key features

  • Sold by Cubitt & West
  • The images marked "Virtual Stager" show styling potential only. All other images show the property as currently presented.
  • A fully refurbished maisonette
  • New kitchen with built-in appliances, new high quality bathroom
  • Double glazed, new electric heating
  • Short walk to shops, excellent schools, private garden
  • Ideal for first time buyers, downsizers, investors

Additional details

Garden
Back garden

Description

A fully refurbished first floor maisonette, new kitchen with built-in appliances, new high quality bathroom. Modern redecoration throughout, new floor coverings/carpets, double glazed, new electric heating, large private garden, short walk to shops, excellent schools, no chain. Ideal for first time buyers, down sizers, investors. 
Please refer to the footnote regarding the services and appliances.
Room sizes:Entrance HallKitchen: 7'1 x 6'0 (2.16m x 1.83m)Lounge: 12'0 x 10'4 (3.66m x 3.15m)Bedroom 1: 11'9 x 10'4 (3.58m x 3.15m)Bedroom 2: 9'6 x 8'6 (2.90m x 2.59m)Bathroom: 7'0 x 6'0 (2.14m x 1.83m)Private Rear Garden 
The information provided about this property does not constitute or form part of an offer or contract, nor may it be regarded as representations. All interested parties must verify accuracy and your solicitor must verify tenure/lease information, fixtures & fittings and, where the property has been extended/converted, planning/building regulation consents. All dimensions are approximate and quoted for guidance only as are floor plans which are not to scale and their accuracy cannot be confirmed. Reference to appliances and/or services does not imply that they are necessarily in working order or fit for the purpose.
 
We are pleased to offer our customers a range of additional services to help them with moving home. None of these services are obligatory and you are free to use service providers of your choice. Current regulations require all estate agents to inform their customers of the fees they earn for recommending third party services. If you choose to use a service provider recommended by Cubitt & West, details of all referral fees can be found at the link below. If you decide to use any of our services, please be assured that this will not increase the fees you pay to our service providers, which remain as quoted directly to you.

Listed by

Reigate

Arun Estates

Reference: 130446866

EPC Rating & Upgrade Cost

Current rating: E

Potential rating: C

Inspection date: 13/03/2019

Expiry date: 12/03/2029

Current heating cost: £697/year

Potential heating cost: £276/year

Est. upgrade cost to C: £11,240

Recommendations

  • Increase loft insulation to 270 mm (£100 - £350)
  • Cavity wall insulation (£500 - £1,500)
  • Draughtproof single-glazed windows (£80 - £120)
  • Low energy lighting for all fixed outlets (£15)
  • Change room heaters to condensing boiler (£3,000 - £7,000)
  • Replace single glazed windows with low-E double glazing (£3,300 - £6,500)

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

First Floor

First Floor

EPC Graphs

EPC graph

EPC graph

Price history

24% since 2022

Event Date Price % change
Sold 05/09/2025 (10 months ago) £272,000 +23.6%
Sold 31/08/2022 (3 years ago) £220,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
33 KINGSLEY GROVE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DU £295,500 05/09/2023 Flat
Same street 32 MEADOW WAY, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DR £280,000 18/05/2023 Flat
RIDINGS COURT, 22 FLAT 31 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8BP £189,500 17/05/2023 Flat
COLEBROOKE LODGE, 36 FLAT 31 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £393,950 24/02/2023 Flat
COLEBROOKE LODGE, 36 FLAT 24 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £354,950 24/02/2023 Flat
RIDINGS COURT, 22 FLAT 1 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8BP £197,000 13/02/2023 Flat
COLEBROOKE LODGE, 36 FLAT 27 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £316,179 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 16 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 24 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 29 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 17 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £316,179 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 21 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 28 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £316,179 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 19 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 7 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 31 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 18 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £316,179 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 20 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £316,179 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 8 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £316,179 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 6 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
COLEBROOKE LODGE, 36 FLAT 26 PRICES LANE, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8EE £263,482 23/12/2022 Flat
Same street 50A MEADOW WAY, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DR £250,000 13/05/2022 Flat
Same street 44 MEADOW WAY, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DR £240,000 29/04/2022 Flat
Same street 16 MEADOW WAY, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DR £495,000 09/03/2022 Semi-detached
Same street 30A MEADOW WAY, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DR £254,750 04/02/2022 Flat
Same street 18 MEADOW WAY, REIGATE, REIGATE AND BANSTEAD, SURREY, RH2 8DR £475,000 26/11/2021 Semi-detached

Street average: £332,458 (6 sales)

Area average: £284,966 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth -0.6%
10y growth -15.9%

House Price Index (HM Land Registry — official index, not sold-price averages): Reigate and Banstead. Series: Flats and maisonettes. As of April 2026.

1y (index) 0.2%
5y (index) 4.6%
10y (index) 12.7%

Company ownership

Registered legal owner is a company.

Company-owned (UK company)

Company: BPT LIMITED (229269)

Rental Range

Estimated market rent for Reigate and Banstead. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,472/mo
Realistic £1,636/mo
Optimistic £1,800/mo

Based on Local Authority from postcode lookup → Reigate and Banstead.

LHA (30th percentile) floor for Crawley & Reigate: £1,097/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View RH2 8DR

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop The Beehive 0.1 miles
Shop Headspace 0.1 miles
Bus stop Alexander Road 0.1 miles
Shop Surrey Furniture 0.1 miles
Train station Earlswood 1.4 miles
Hospital Whitepost Health Care Group Head Office & Shrewsbury Court Independent Hospital 1.4 miles
Train station Reigate 1.4 miles
Hospital Leatherhead Clinic 7.2 miles
University St Piers College 9.7 miles
University Mullard Space Science Laboratory 10.1 miles

Street-level crime

Category Count
Violence and sexual offences 27
Anti-social behaviour 12
Other theft 6
Public order 5
Vehicle crime 3
Criminal damage and arson 2
Drugs 1
Shoplifting 1
Total incidents 57

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Dovers Green School Primary 0.3 miles Good — 20 Nov 2023
Reigate School Secondary 0.4 miles Good — 30 Jan 2024
Sandcross Primary School Primary 0.6 miles Good — 23 Oct 2012
Dunottar School Other 1.0 miles — (No rating)
Reigate Priory Community Junior School Primary 1.0 miles Outstanding — 1 Jul 2024

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Felcote House, RH2 £1,600/mo 2 0.6 miles OpenRent
2 Bed Flat, Lancaster House, RH1 £1,600/mo 2 0.99 miles OpenRent
2 Bed Flat, Knights Court, RH2 £1,595/mo 2 1.15 miles OpenRent

Average rent: £1,598/mo (3 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.58%
Max investor price (0.8%) £200,000
Target investor price (1%) £160,000
Gross yield 7%
Cost-to-rent ratio 14.3×
Monthly cashflow £332/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI 5%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).