4, Magnolia Drive
4, Magnolia Drive
Description & Estimates
According to the public record, 4, Magnolia Drive, Banstead is a modern freehold house with 1,537 ft2 of internal area and sits on a 304 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 4, Magnolia Drive, Banstead is £775,977 and the estimated rental value is £2,995 per month.
Magnolia Drive, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Our Data Sources
4, Magnolia Drive, Banstead has a single entry in the Land Registry from 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
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 4, Magnolia Drive, Banstead is in very good condition we estimate a sale value of £814,776 and a rental value of £3,144 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £721,659 and a rental value of £2,785 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 4, Magnolia Drive, Banstead has decreased by £12,682 (1.6%), while its estimated rental value has grown by £88 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Plot Size
According to data from HM Land Registry, 4, Magnolia Drive, Banstead sits on a plot of 304 m2.
We have plot size data on 12 out of 12 other houses in the postcode and 4, Magnolia Drive, Banstead sits on the 5th largest plot.
Energy Efficiency
4, 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 underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, 4, Magnolia Drive, Banstead was last sold on 15th July 2009 for £461,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2009, the market for similar properties has risen by 59.4%.
- Sold Jul 2009£461,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Magnolia Drive, Banstead within a radius of 690 metres over the last 2 years.
The most recent example is 34, Brighton Road, Banstead, SM7 1BS, a freehold house which sold for £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
Magnolia Drive, Banstead, SM7 has a total of 36 addresses. According to our analysis of all the public data, 4, Magnolia Drive, Banstead is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £117k more expensive than the average property in SM7.
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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
The closest station to 4, Magnolia Drive, Banstead is Banstead station, which is 1.1 kilometres away.
- 1.1kmBanstead
- 1.9kmEpsom Downs
- 2.4kmTattenham Corner
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
