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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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7, Wilmot Way, Banstead appears in the public record as a freehold house sitting on a 702 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,166 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 7, Wilmot Way, Banstead is £697,763 and its rental estimate is £2,613 per month, given the available information and assuming reasonable condition.
Wilmot Way, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
7, Wilmot Way, Banstead has a single entry in the Land Registry from March 2007 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 2 out of 5 and is considered of medium 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 7, Wilmot Way, Banstead, we estimate a market value of £732,652 and a rental value of £2,744 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £648,920 and £2,430 per month respectively.
Over the last year, 7, Wilmot Way, Banstead has seen its estimated sale value decline by £11,403 (1.6%) and its estimated rental value climb by £77 per month (2.9%). This results in an estimated gross rental yield of 4.5%.
HM Land Registry records the plot of land for 7, Wilmot Way, Banstead as measuring 702 m2.
That makes it the 7th largest plot in the postcode, where 31 of the 32 other houses have recorded plot data.
The most recent sale of 7, Wilmot Way, Banstead completed on 14th March 2007 at £350,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 82.7% over the period since March 2007.
Over the past 2 years 3 properties similar to 7, Wilmot Way, Banstead have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 22, Greenhayes Avenue, Banstead, SM7 2JE, a freehold house which sold for £750,000.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 121 addresses on Wilmot Way, Banstead, SM7, 7, Wilmot Way, Banstead comes out as the 101st largest and the 74th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the SM7 district.
From 7, Wilmot Way, Banstead, the nearest station is Banstead, 900 metres 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 7, Wilmot Way, Banstead, 49.3% of property is privately owned outright and 40.3% 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, Wilmot Way, Banstead, 21.2% of residents are recorded as possessing school level qualifications and 38.8% 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, Wilmot Way, Banstead, the average age was 44.8 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, Wilmot Way, Banstead, 1.7% 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, Wilmot Way, 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.
