3, Magnolia Drive
3, Magnolia Drive
Description & Estimates
Public records show 3, Magnolia Drive, Banstead to be a modern freehold house with 1,550 ft2 of internal area, sitting on a 300 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Magnolia Drive, Banstead has an estimated sale value of £779,811 and an estimated rental value of £3,004 per month, assuming reasonable condition and based on the information available.
Magnolia Drive, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
Our Data Sources
3, Magnolia Drive, Banstead has 31 entries in the Land Registry , most recently in July 2009 and a single entry in the EPC database dated May 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 3, Magnolia Drive, Banstead would be worth £818,801, with a potential rental value of £3,155 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £725,224, with a rental value of £2,794 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 3, Magnolia Drive, Banstead has dropped by £12,744 (1.6%) over the last year. During the same period, its estimated monthly rental value has risen by £88 (2.9%). The property's estimated gross yield is currently 4.6%.
Plot Size
3, Magnolia Drive, Banstead occupies a 300 m2 plot as recorded by HM Land Registry.
All 12 other houses in this postcode have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
3, Magnolia Drive, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 May 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Magnolia Drive, Banstead last changed hands on 10th July 2009, selling for £460,500. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 59.4% since July 2009.
- Sold Jul 2009£460,500
- Sold Dec 2006£1,100,000
- Sold Nov 2001£370,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 690 metres of 3, Magnolia Drive, Banstead across the last 2 years.
Most recently, 34, Brighton Road, Banstead, SM7 1BS, a freehold house, sold at £780,000 on the 17th November 2023.
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 3, Magnolia Drive, Banstead as the 11th largest and the 11th most expensive of the 36 addresses on Magnolia Drive, Banstead, SM7.
Against the SM7 postcode district average, it is £121k more expensive than the typical property.
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Schools Nearby
- 300mBanstead Infant School and Nursery
- 500mBanstead Community Junior School
- 700mSt Anne's Catholic Primary School
- 500mThe Beacon School
- 3.4kmHarris Academy Sutton
- 3.8kmOverton Grange School
More reading links
Public Transport Nearby
Banstead station is the nearest stop to 3, Magnolia Drive, Banstead at 1.1 kilometres away.
- 1.1kmBanstead
- 1.9kmEpsom Downs
- 2.4kmTattenham Corner
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
