116, Holly Lane East
116, Holly Lane East
Description & Estimates
116, Holly Lane East, Banstead is recorded publicly as an early-century freehold house across 1,453 ft2 of internal area, sitting on a 692 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 116, Holly Lane East, Banstead is £882,160 and its rental estimate is £2,768 per month, given the available information and assuming reasonable condition.
Holly Lane East, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
Our Data Sources
116, Holly Lane East, Banstead has 2 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated October 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 116, Holly Lane East, Banstead, we estimate a market value of £926,268 and a rental value of £2,906 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £820,409 and £2,574 per month respectively.
Recent Market Change
Over the last year, 116, Holly Lane East, Banstead has seen its estimated sale value drop by £14,417 (1.6%) and its estimated rental value rise by £81 per month (2.9%). This results in an estimated gross rental yield of 3.8%.
Plot Size
HM Land Registry records the plot of land for 116, Holly Lane East, Banstead as measuring 692 m2.
That makes it the 7th largest plot in the postcode, where 20 of the 24 other houses have recorded plot data.
Energy Efficiency
116, Holly Lane East, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 116, Holly Lane East, Banstead completed on 31st January 2019 at £862,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 6.3% over the period since January 2019.
- Sold Jan 2019£862,500
- Sold Jul 2007£549,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 116, Holly Lane East, Banstead have sold within a radius of 800 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th May 2024, was 18, Monks Road, Banstead, SM7 2EP, a freehold house which sold for £920,000.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Holly Lane East, Banstead, SM7, 116, Holly Lane East, Banstead comes out as the 20th largest and the 19th most expensive in our analysis of the public data.
It is also £223k more expensive than the average property across the SM7 district.
More reading links
Schools Nearby
- 400mSt Anne's Catholic Primary School
- 800mBanstead Community Junior School
- 900mBanstead Infant School and Nursery
- 1.1kmThe Beacon School
- 3.4kmHarris Academy Sutton
- 4.0kmOverton Grange School
More reading links
Public Transport Nearby
From 116, Holly Lane East, Banstead, the nearest station is Banstead, 1.7 kilometres away.
- 1.7kmBanstead
- 2.3kmChipstead
- 2.5kmKingswood
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
