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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
According to the public record, 2A, Rectory Lane, Banstead is a early-century apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Rectory Lane, Banstead is £185,257 and the estimated rental value is £974 per month.
Rectory Lane, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
2A, Rectory Lane, Banstead has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2023.
We combine this information with public data 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 2A, Rectory Lane, Banstead is in very good condition we estimate a sale value of £194,520 and a rental value of £1,023 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £172,289 and a rental value of £906 per month.
Over the last 12 months the sale value of 2A Rectory Lane Banstead has decreased by an estimated £1,900 (1.0%) and its rental value has increased by an estimated £53 per month (5.5%), giving an expected gross yield of 6.3%.
2A, Rectory Lane, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Apr 2023.
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, 2A, Rectory Lane, Banstead was last sold on 15th March 1999 for £82,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 880 metres radius of 2A, Rectory Lane, Banstead over the last 2 years.
The most recent example is 8, Rectory Lane, Banstead, SM7 3PP, a leasehold flat which sold for £10,000 on the 20th January 2025.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rectory Lane, Banstead, SM7 has a total of 64 addresses. According to our analysis of all the public data, 2A, Rectory Lane, Banstead is the 50th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £469k less expensive than the average property in SM7.
The closest station to 2A, Rectory Lane, Banstead is Chipstead station which is 800 metres 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Rectory Lane, Banstead, 55.2% of property is privately owned with a mortgage and 31.6% 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 2A, Rectory Lane, Banstead, 24.8% of residents are recorded as possessing school level qualifications and 39.0% 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 2A, Rectory 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 2A, Rectory Lane, 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 2A, Rectory Lane, 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.
