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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Heights Close, Banstead is £832,082 and the estimated rental value is £3,046 per month.
Heights Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
2, Heights Close, Banstead has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated July 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Heights Close, Banstead is in very good condition we estimate a sale value of £873,686 and a rental value of £3,198 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £773,836 and a rental value of £2,833 per month.
Over the last 12 months the sale value of 2 Heights Close Banstead has decreased by an estimated £26,771 (3.2%) and its rental value has increased by an estimated £83 per month (2.7%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 2, Heights Close, Banstead sits on a plot of 785m2.
We have plot size data on 15 out of 15 other houses in the postcode and 2, Heights Close, Banstead sits on the 9th largest plot.
2, Heights Close, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jul 2012.
The property is not connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Heights Close, Banstead was last sold on 5th September 2014 for £630,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Heights Close, Banstead within a radius of 790 metres over the last 2 years.
The most recent example is 3, Heights Close, Banstead, SM7 1DR, a freehold house which sold for £1,055,000 on the 28th March 2023.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heights Close, Banstead, SM7 has a total of 16 addresses. According to our analysis of all the public data, 2, Heights Close, Banstead is the 8th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in SM7.
The closest station to 2, Heights Close, Banstead is Banstead station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Heights Close, Banstead, 47.0% of property is privately owned with a mortgage and 43.2% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Heights Close, Banstead, 22.6% of residents are recorded as possessing school level qualifications and 41.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Heights Close, Banstead, the average age was 42.7 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Heights Close, Banstead, 0.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Heights Close, Banstead, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.