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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 53, Nork Way, Banstead is a early-century freehold house with 1,506 ft2 of internal area and sits on a 548 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 53, Nork Way, Banstead is £753,140 and the estimated rental value is £2,904 per month.
Nork Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
53, Nork Way, Banstead has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated November 2022.
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.
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 53, Nork Way, Banstead is in very good condition we estimate a sale value of £790,797 and a rental value of £3,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £700,420 and a rental value of £2,701 per month.
Over the last 12 months the sale value of 53 Nork Way Banstead has decreased by an estimated £12,308 (1.6%) and its rental value has increased by an estimated £85 per month (2.9%), giving an expected gross yield of 4.6%.
According to data from HM Land Registry, 53, Nork Way, Banstead sits on a plot of 548m2.
We have plot size data on 6 out of 8 other houses in the postcode and 53, Nork Way, Banstead sits on the 5th largest plot.
53, Nork Way, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Nov 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 53, Nork Way, Banstead was last sold on 11th January 2023 for £800,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has dropped 8.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Nork Way, Banstead within a radius of 800 metres over the last 2 years.
The most recent example is 24, Hillside, Banstead, SM7 1HF, a freehold house which sold for £780,000 on the 22nd November 2024.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nork Way, Banstead, SM7 has a total of 192 addresses. According to our analysis of all the public data, 53, Nork Way, Banstead is the 77th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in SM7.
The closest station to 53, Nork Way, Banstead is Banstead station which is 400 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 53, Nork Way, Banstead, 34.6% of property is privately owned outright and 28.7% 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 53, Nork Way, Banstead, 21.0% of residents are recorded as possessing school level qualifications and 35.6% 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 53, Nork Way, Banstead, the average age was 42.7 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 53, Nork Way, Banstead, 0.6% 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 53, Nork Way, Banstead, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
