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123A, High Street, Banstead is recorded publicly as an early-century leasehold apartment across 996 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 123A, High Street, Banstead is £311,181 and its rental estimate is £1,562 per month, given the available information and assuming reasonable condition.
High Street, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
123A, High Street, Banstead has 31 entries in the Land Registry , most recently in March 2008 and a single entry in the EPC database dated May 2009.
We combine this information with that of neighbouring properties to estimate the property 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 123A, High Street, Banstead, we estimate a market value of £326,740 and a rental value of £1,640 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,399 and £1,452 per month respectively.
Over the last year, 123A, High Street, Banstead has seen its estimated sale value move up by £1,242 (0.4%) and its estimated rental value increase by £81 per month (5.2%). This results in an estimated gross rental yield of 6.0%.
123A, High Street, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2009.
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 123A, High Street, Banstead completed on 14th March 2008 at £211,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 32.8% over the period since March 2008.
Over the past 2 years 3 properties similar to 123A, High Street, Banstead have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2024, was 171A, High Street, Banstead, SM7 2NT, a leasehold flat which sold for £350,000.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 183 addresses on High Street, Banstead, SM7, 123A, High Street, Banstead comes out as the 30th largest and the 57th most expensive in our analysis of the public data.
It is also £348k less expensive than the average property across the SM7 district.
From 123A, High Street, Banstead, the nearest station is Banstead, 1.2 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast 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 123A, High Street, Banstead, 55.7% of property is privately rented and 20.2% 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 123A, High Street, Banstead, 19.7% of residents are recorded as possessing school level qualifications and 34.2% 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 123A, High Street, 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 123A, High Street, 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 123A, High Street, Banstead, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.