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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 56, Ferndale Road, Banstead is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,089 ft2 of internal area and sits on a 298 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Ferndale Road, Banstead is £557,435 and the estimated rental value is £2,571 per month.
Ferndale Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
56, Ferndale Road, Banstead has a single entry in the Land Registry from September 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 56, Ferndale Road, Banstead is in very good condition we estimate a sale value of £585,307 and a rental value of £2,699 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £518,414 and a rental value of £2,391 per month.
Over the last 12 months the sale value of 56 Ferndale Road Banstead has decreased by an estimated £13,698 (2.5%) and its rental value has increased by an estimated £97 per month (3.8%), giving an expected gross yield of 5.5%.
According to data from HM Land Registry, 56, Ferndale Road, Banstead sits on a plot of 298m2.
We have plot size data on 62 out of 70 other houses in the postcode and 56, Ferndale Road, Banstead sits on the 13th largest plot.
According to HM Land Registry, 56, Ferndale Road, Banstead was last sold on 30th September 2013 for £330,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2013, the market for similar properties has risen 95.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Ferndale Road, Banstead within a radius of 770 metres over the last 2 years.
The most recent example is 71, Ferndale Road, Banstead, SM7 2EX, a freehold house which sold for £507,500 on the 16th February 2024.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Road, Banstead, SM7 has a total of 72 addresses. According to our analysis of all the public data, 56, Ferndale Road, Banstead is the 23rd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in SM7.
The closest station to 56, Ferndale Road, Banstead is Banstead station which is 1.4 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 56, Ferndale Road, Banstead, 46.7% of property is privately owned with a mortgage and 29.0% is privately owned outright.
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 56, Ferndale Road, Banstead, 23.7% of residents are recorded as possessing school level qualifications and 35.4% 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 56, Ferndale 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 56, Ferndale Road, 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 56, Ferndale Road, 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.
