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36, Lyme Regis Road, Banstead is recorded publicly as a period freehold house across 1,205 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 36, Lyme Regis Road, Banstead is £580,098 and its rental estimate is £2,686 per month, given the available information and assuming reasonable condition.
Lyme Regis Road, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
36, Lyme Regis Road, Banstead has a single entry in the Land Registry from September 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 36, Lyme Regis Road, Banstead, we estimate a market value of £609,103 and a rental value of £2,821 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £539,491 and £2,498 per month respectively.
Over the last year, 36, Lyme Regis Road, Banstead has seen its estimated sale value decline by £9,480 (1.6%) and its estimated rental value climb by £79 per month (2.9%). This results in an estimated gross rental yield of 5.6%.
36, Lyme Regis Road, Banstead has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 May 2018.
The property is connected to mains gas and has partial double glazing. It is heated using Room heaters, wood logs, Boiler and radiators, mains gas.
The most recent sale of 36, Lyme Regis Road, Banstead completed on 10th September 2018 at £400,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 34.2% over the period since September 2018.
Over the past 2 years 3 properties similar to 36, Lyme Regis Road, Banstead have sold within a radius of 790 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th August 2024, was 23, Shrubland Road, Banstead, SM7 2ES, a freehold house which sold for £505,000.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 68 addresses on Lyme Regis Road, Banstead, SM7, 36, Lyme Regis Road, Banstead comes out as the 20th largest and the 21st most expensive in our analysis of the public data.
It is also £79k less expensive than the average property across the SM7 district.
From 36, Lyme Regis Road, Banstead, the nearest station is Banstead, 1.5 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 36, Lyme Regis Road, Banstead, 31.1% of property is privately owned outright and 26.9% is privately owned with a mortgage.
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 36, Lyme Regis Road, Banstead, 16.8% of residents are recorded as possessing school level qualifications and 33.9% 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 36, Lyme Regis Road, Banstead, the average age was 44.8 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 36, Lyme Regis Road, Banstead, 0.4% 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 36, Lyme Regis Road, Banstead, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.