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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 240, Chipstead Way, Banstead is a mid-century freehold house with 1,528 ft2 of internal area and sits on a 899 m2 plot.
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 240, Chipstead Way, Banstead is £682,465 and the estimated rental value is £2,988 per month.
Chipstead Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
240, Chipstead Way, Banstead has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 240, Chipstead Way, Banstead is in very good condition we estimate a sale value of £716,588 and a rental value of £3,137 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £634,693 and a rental value of £2,779 per month.
Over the last 12 months the sale value of 240 Chipstead Way Banstead has decreased by an estimated £21,957 (3.2%) and its rental value has increased by an estimated £82 per month (2.7%), giving an expected gross yield of 5.3%.
According to data from HM Land Registry, 240, Chipstead Way, Banstead sits on a plot of 899m2.
We have plot size data on 21 out of 21 other houses in the postcode and 240, Chipstead Way, Banstead sits on the 7th largest plot.
240, Chipstead Way, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Warm air, mains gas.
According to HM Land Registry, 240, Chipstead Way, Banstead was last sold on 1st December 2023 for £845,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2023, the market for similar properties has dropped 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 240, Chipstead Way, Banstead within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 229, Chipstead Way, Banstead, SM7 3JN, a freehold house which sold for £685,500 on the 16th January 2026.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chipstead Way, Banstead, SM7 has a total of 261 addresses. According to our analysis of all the public data, 240, Chipstead Way, Banstead is the 33rd largest and the 47th most expensive property on the street.
When compared to the postcode district it is £28k more expensive than the average property in SM7.
The closest station to 240, Chipstead Way, Banstead is Chipstead station which is 700 metres 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 240, Chipstead Way, 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 240, Chipstead Way, 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 240, Chipstead Way, 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 240, Chipstead Way, 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 240, Chipstead Way, 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.
