241, Nork Way
241, Nork Way
Description & Estimates
Public records show 241, Nork Way, Banstead to be an early-century freehold house with 1,130 ft2 of internal area, sitting on a 526 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
241, Nork Way, Banstead has an estimated sale value of £598,313 and an estimated rental value of £2,489 per month, assuming reasonable condition and based on the information available.
Nork Way, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
Our Data Sources
241, Nork Way, Banstead has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated March 2020.
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.
Price Range & Condition
In very good condition, we estimate 241, Nork Way, Banstead would be worth £628,228, with a potential rental value of £2,613 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £556,431, with a rental value of £2,315 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 241, Nork Way, Banstead has moved down by £8,463 (1.4%) over the last year. During the same period, its estimated monthly rental value has increased by £84 (3.4%). The property's estimated gross yield is currently 5.0%.
Plot Size
241, Nork Way, Banstead occupies a 526 m2 plot as recorded by HM Land Registry.
Of the 22 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
241, Nork Way, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
241, Nork Way, Banstead last changed hands on 22nd November 2021, selling for £572,500. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 0.3% since November 2021.
- Sold Nov 2021£572,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 800 metres of 241, Nork Way, Banstead across the last 2 years.
Most recently, 355, Reigate Road, Epsom, KT17 3LT, a freehold house, sold at £650,000 on the 14th June 2024.
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
Our analysis of the public data ranks 241, Nork Way, Banstead as the 103rd largest and the 122nd most expensive of the 192 addresses on Nork Way, Banstead, SM7.
Against the SM7 postcode district average, it is £61k less expensive than the typical property.
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Schools Nearby
- 400mWarren Mead Infant School
- 500mWarren Mead Junior School
- 1.0kmShawley Community Primary Academy & Nursery
- 1.0kmThe Beacon School
- 3.3kmGlyn School
- 3.6kmRosebery School
More reading links
Public Transport Nearby
Epsom Downs station is the nearest stop to 241, Nork Way, Banstead at 900 metres away.
- 900mEpsom Downs
- 1.5kmBanstead
- 1.6kmTattenham Corner
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
