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According to the public record, 7, Croydon Lane, Banstead is a early-century freehold house with 818 ft2 of internal area and sits on a 1,146 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Croydon Lane, Banstead is £911,987 and the estimated rental value is £2,961 per month.
Croydon Lane, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
7, Croydon Lane, Banstead has 2 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated August 2017.
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 7, Croydon Lane, Banstead is in very good condition we estimate a sale value of £957,587 and a rental value of £3,109 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £848,148 and a rental value of £2,754 per month.
Over the last 12 months the sale value of 7 Croydon Lane Banstead has decreased by an estimated £22,410 (2.5%) and its rental value has increased by an estimated £112 per month (3.8%), giving an expected gross yield of 3.9%.
According to data from HM Land Registry, 7, Croydon Lane, Banstead sits on a plot of 1146m2.
We have plot size data on 10 out of 12 other houses in the postcode and 7, Croydon Lane, Banstead sits on the 7th largest plot.
7, Croydon Lane, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Aug 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Croydon Lane, Banstead was last sold on 28th February 2020 for £960,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since February 2020, the market for similar properties has risen 47.5%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Croydon Lane, Banstead within a radius of 1.3 kilometres over the last 2 years.
The most recent example is 17, Croydon Lane, Banstead, SM7 3BW, a freehold house which sold for £740,000 on the 30th September 2020.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Croydon Lane, Banstead, SM7 has a total of 44 addresses. According to our analysis of all the public data, 7, Croydon Lane, Banstead is the 43rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £258k more expensive than the average property in SM7.
The closest station to 7, Croydon Lane, Banstead is Belmont station which is 1.8 kilometres 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Croydon Lane, Banstead, 58.7% of property is privately owned outright and 34.1% 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 7, Croydon Lane, Banstead, 16.0% of residents are recorded as possessing school level qualifications and 28.2% 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 7, Croydon 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 7, Croydon Lane, Banstead, 1.5% 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 7, Croydon Lane, Banstead, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.