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Company No. 11113204
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According to the public record, 85, Lakers Rise, Banstead is a mid-century house with 904 ft2 of internal area and sits on a 417 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 85, Lakers Rise, Banstead is £423,915 and the estimated rental value is £2,045 per month.
Lakers Rise, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
85, Lakers Rise, Banstead has no recent1 records in the the Land Registry and a single entry in the EPC database dated November 2019.
We combine this information with public data 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 85, Lakers Rise, Banstead is in very good condition we estimate a sale value of £445,111 and a rental value of £2,148 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,241 and a rental value of £1,902 per month.
Over the last 12 months the sale value of 85 Lakers Rise Banstead has decreased by an estimated £5,996 (1.4%) and its rental value has increased by an estimated £69 per month (3.4%), giving an expected gross yield of 5.8%.
According to data from HM Land Registry, 85, Lakers Rise, Banstead sits on a plot of 417m2.
We have plot size data on 6 out of 17 other houses in the postcode and 85, Lakers Rise, Banstead sits on the largest plot.
85, Lakers Rise, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Nov 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 85, Lakers Rise, Banstead was last sold on 24th June 2003 for £208,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Lakers Rise, Banstead within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 118, Lakers Rise, Banstead, SM7 3JY, a freehold house which sold for £382,500 on the 28th September 2023.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakers Rise, Banstead, SM7 has a total of 113 addresses. According to our analysis of all the public data, 85, Lakers Rise, Banstead is the 63rd largest and the 38th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in SM7.
The closest station to 85, Lakers Rise, Banstead is Chipstead station which is 1.2 kilometres 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 85, Lakers Rise, Banstead, 39.3% of property is privately owned with a mortgage and 29.1% 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 85, Lakers Rise, Banstead, 24.0% of residents are recorded as possessing school level qualifications and 37.3% 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 85, Lakers Rise, 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 85, Lakers Rise, Banstead, 2.8% 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 85, Lakers Rise, 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.
