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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 57, Nork Way, Banstead is £855,178 and the estimated rental value is £3,398 per month.
Nork Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
57, Nork Way, Banstead has 21 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated September 2009.
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 57, Nork Way, Banstead is in very good condition we estimate a sale value of £897,937 and a rental value of £3,568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £795,315 and a rental value of £3,160 per month.
Over the last 12 months the sale value of 57 Nork Way Banstead has decreased by an estimated £19,374 (2.3%) and its rental value has increased by an estimated £94 per month (2.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 57, Nork Way, Banstead sits on a plot of 1389m2.
We have plot size data on 6 out of 8 other houses in the postcode and 57, Nork Way, Banstead sits on the largest plot.
57, Nork Way, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Sep 2009.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 57, Nork Way, Banstead was last sold on 21st April 2010 for £525,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2010, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Nork Way, Banstead within a radius of 790 metres over the last 2 years.
The most recent example is 7, Nork Gardens, Banstead, SM7 1NZ, a freehold house which sold for £356,825 on the 20th October 2022.
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, 57, Nork Way, Banstead is the 35th largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £196k more expensive than the average property in SM7.
The closest station to 57, 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 57, 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 57, 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 57, 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 57, 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 57, 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.