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Company No. 11113204
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According to the public record, 2, Lakers Rise, Banstead is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 122 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Lakers Rise, Banstead is £463,302 and the estimated rental value is £2,178 per month.
Lakers Rise, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
2, Lakers Rise, Banstead has 21 entries in the Land Registry , most recently in December 2011 and a single entry in the EPC database dated March 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Lakers Rise, Banstead is in very good condition we estimate a sale value of £486,467 and a rental value of £2,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,871 and a rental value of £2,026 per month.
Over the last 12 months the sale value of 2 Lakers Rise Banstead has decreased by an estimated £6,554 (1.4%) and its rental value has increased by an estimated £74 per month (3.4%), giving an expected gross yield of 5.6%.
According to data from HM Land Registry, 2, Lakers Rise, Banstead sits on a plot of 122m2.
We have plot size data on 43 out of 66 other houses in the postcode and 2, Lakers Rise, Banstead sits on the 30th largest plot.
2, Lakers Rise, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Mar 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Lakers Rise, Banstead was last sold on 19th December 2011 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2011, the market for similar properties has risen 130.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lakers Rise, Banstead within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 51, Lakers Rise, Banstead, SM7 3JX, a freehold house which sold for £470,000 on the 30th January 2024.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakers Rise, Banstead, SM7 has a total of 113 addresses. According to our analysis of all the public data, 2, Lakers Rise, Banstead is the 12th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in SM7.
The closest station to 2, Lakers Rise, Banstead is Chipstead station which is 1.1 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Lakers Rise, Banstead, 39.3% of property is privately owned with a mortgage and 29.1% 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, Lakers Rise, Banstead, 24.0% of residents are recorded as possessing school level qualifications and 37.3% 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, Lakers Rise, Banstead, the average age was 41.6 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, Lakers Rise, Banstead, 2.8% 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, Lakers Rise, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
