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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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Public records show 21A, Nork Way, Banstead to be an early-century leasehold apartment with 656 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
21A, Nork Way, Banstead has an estimated sale value of £240,861 and an estimated rental value of £1,255 per month, assuming reasonable condition and based on the information available.
Nork Way, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
21A, Nork Way, Banstead has 51 entries in the Land Registry , most recently in August 2012 and a single entry in the EPC database dated July 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 21A, Nork Way, Banstead would be worth £252,904, with a potential rental value of £1,318 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £224,000, with a rental value of £1,167 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 21A, Nork Way, Banstead has risen by £976 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £65 (5.2%). The property's estimated gross yield is currently 6.3%.
21A, Nork Way, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Jul 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
21A, Nork Way, Banstead last changed hands on 3rd August 2012, selling for £145,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 5 times since 1995.
The market for similar properties has risen by 61.9% since August 2012.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 840 metres of 21A, Nork Way, Banstead across the last 2 years.
Most recently, 23, Lancaster Court, Banstead, SM7 1RR, a leasehold flat, sold at £305,000 on the 2nd December 2022.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 21A, Nork Way, Banstead as the 178th largest and the 179th most expensive of the 192 addresses on Nork Way, Banstead, SM7.
Against the SM7 postcode district average, it is £418k less expensive than the typical property.
Banstead station is the nearest stop to 21A, Nork Way, Banstead at 300 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 21A, Nork Way, Banstead, 34.6% of property is privately owned outright and 28.7% 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 21A, Nork Way, Banstead, 21.0% of residents are recorded as possessing school level qualifications and 35.6% 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 21A, Nork Way, Banstead, the average age was 42.7 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 21A, Nork Way, Banstead, 0.6% 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 21A, Nork Way, Banstead, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.
