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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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61, Kingscroft Road, Banstead is recorded publicly as a mid-century leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 61, Kingscroft Road, Banstead is £221,279 and its rental estimate is £1,167 per month, given the available information and assuming reasonable condition.
Kingscroft Road, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
61, Kingscroft Road, Banstead has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated October 2018.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 61, Kingscroft Road, Banstead, we estimate a market value of £232,343 and a rental value of £1,226 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,789 and £1,086 per month respectively.
Over the last year, 61, Kingscroft Road, Banstead has seen its estimated sale value move down by £454 (0.2%) and its estimated rental value increase by £53 per month (4.6%). This results in an estimated gross rental yield of 6.3%.
61, Kingscroft Road, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 61, Kingscroft Road, Banstead completed on 5th December 2022 at £200,250 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 29.6% over the period since December 2022.
Over the past 2 years 2 properties similar to 61, Kingscroft Road, Banstead have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th February 2015, was 55, Kingscroft Road, Banstead, SM7 3NA, a leasehold flat which sold for £243,000.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 59 addresses on Kingscroft Road, Banstead, SM7, 61, Kingscroft Road, Banstead comes out as the 58th largest and the 58th most expensive in our analysis of the public data.
It is also £438k less expensive than the average property across the SM7 district.
From 61, Kingscroft Road, Banstead, the nearest station is Chipstead, 1.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 61, Kingscroft Road, Banstead, 43.1% of property is privately owned outright and 40.2% 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 61, Kingscroft Road, Banstead, 17.5% of residents are recorded as possessing school level qualifications and 27.4% 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 61, Kingscroft Road, 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 61, Kingscroft Road, 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 61, Kingscroft Road, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
