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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
According to the public record, 57, Rectory Lane, Banstead is a freehold house.
By comparing it to neighbours, we estimate that it is a early-century house with 1,054 ft2 of internal area and sits on a 267 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 57, Rectory Lane, Banstead is £500,145 and the estimated rental value is £2,389 per month.
Rectory Lane, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
57, Rectory Lane, Banstead has 31 entries in the Land Registry , most recently in March 2012 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 57, Rectory Lane, Banstead is in very good condition we estimate a sale value of £525,152 and a rental value of £2,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,135 and a rental value of £2,221 per month.
Over the last 12 months the sale value of 57 Rectory Lane Banstead has decreased by an estimated £12,290 (2.5%) and its rental value has increased by an estimated £90 per month (3.8%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 57, Rectory Lane, Banstead sits on a plot of 267m2.
We have plot size data on 26 out of 26 other houses in the postcode and 57, Rectory Lane, Banstead sits on the 13th largest plot.
According to HM Land Registry, 57, Rectory Lane, Banstead was last sold on 23rd March 2012 for £289,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since March 2012, the market for similar properties has risen 96.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Rectory Lane, Banstead within a radius of 910 metres over the last 2 years.
The most recent example is 61, Rectory Lane, Banstead, SM7 3PE, a freehold house which sold for £440,000 on the 23rd September 2024.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Lane, Banstead, SM7 has a total of 64 addresses. According to our analysis of all the public data, 57, Rectory Lane, Banstead is the 23rd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in SM7.
The closest station to 57, Rectory Lane, Banstead is Woodmansterne station which is 900 metres 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 57, Rectory Lane, Banstead, 55.2% of property is privately owned with a mortgage and 31.6% 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 57, Rectory Lane, Banstead, 24.8% of residents are recorded as possessing school level qualifications and 39.0% 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, Rectory Lane, Banstead, the average age was 41.6 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, Rectory Lane, Banstead, 0.0% 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, Rectory Lane, Banstead, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
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