12, Lower Sawley Wood
12, Lower Sawley Wood
Description & Estimates
12, Lower Sawley Wood, Banstead appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 1,099 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 12, Lower Sawley Wood, Banstead is £381,644 and its rental estimate is £1,812 per month, given the available information and assuming reasonable condition.
Lower Sawley Wood, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
Our Data Sources
12, Lower Sawley Wood, Banstead has 21 entries in the Land Registry , most recently in May 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 12, Lower Sawley Wood, Banstead, we estimate a market value of £400,726 and a rental value of £1,903 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £354,929 and £1,685 per month respectively.
Recent Market Change
Over the last year, 12, Lower Sawley Wood, Banstead has seen its estimated sale value fall by £2,305 (0.6%) and its estimated rental value move up by £76 per month (4.2%). This results in an estimated gross rental yield of 5.7%.
Sold Prices
The most recent sale of 12, Lower Sawley Wood, Banstead completed on 31st May 2007 at £336,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.0% over the period since May 2007.
- Sold May 2007£336,000
- Sold Jun 2001£185,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Lower Sawley Wood, Banstead have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 15 Briarwood, High Street, Banstead, SM7 2JA, a leasehold flat which sold for £280,000.
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 18 addresses on Lower Sawley Wood, Banstead, SM7, 12, Lower Sawley Wood, Banstead comes out as the 4th largest and the 10th most expensive in our analysis of the public data.
It is also £277k less expensive than the average property across the SM7 district.
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Schools Nearby
- 600mBanstead Community Junior School
- 600mBanstead Infant School and Nursery
- 900mSt Anne's Catholic Primary School
- 1.3kmThe Beacon School
- 2.5kmHarris Academy Sutton
- 3.0kmOverton Grange School
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Public Transport Nearby
From 12, Lower Sawley Wood, Banstead, the nearest station is Banstead, 400 metres away.
- 400mBanstead
- 2.0kmBelmont
- 2.1kmEpsom Downs
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
