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According to the public record, 58, Nork Way, Banstead is a early-century freehold house with 1,797 ft2 of internal area and sits on a 1,444 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 58, Nork Way, Banstead is £1,075,005 and the estimated rental value is £3,118 per month.
Nork Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
58, Nork Way, Banstead has 21 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 58, Nork Way, Banstead is in very good condition we estimate a sale value of £1,128,755 and a rental value of £3,274 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £999,755 and a rental value of £2,900 per month.
Over the last 12 months the sale value of 58 Nork Way Banstead has decreased by an estimated £17,569 (1.6%) and its rental value has increased by an estimated £92 per month (2.9%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 58, Nork Way, Banstead sits on a plot of 1444m2.
We have plot size data on 31 out of 31 other houses in the postcode and 58, Nork Way, Banstead sits on the 7th largest plot.
58, Nork Way, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2023.
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, 58, Nork Way, Banstead was last sold on 23rd September 2015 for £713,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2015, the market for similar properties has risen 22.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Nork Way, Banstead within a radius of 740 metres over the last 2 years.
The most recent example is 97, Nork Way, Banstead, SM7 1HN, a freehold house which sold for £1,090,000 on the 22nd September 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, 58, Nork Way, Banstead is the 50th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £416k more expensive than the average property in SM7.
The closest station to 58, Nork Way, Banstead is Banstead station which is 600 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 58, 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 58, 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 58, 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 58, 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 58, 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.
