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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, The Drive, Banstead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,718 ft2 of internal area and sits on a 300 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, The Drive, Banstead is £990,534 and the estimated rental value is £2,921 per month.
The Drive, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
2A, The Drive, Banstead has 2 entries in the Land Registry , most recently in September 2024 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 3 out of 5 and is considered of medium 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, The Drive, Banstead is in very good condition we estimate a sale value of £1,040,060 and a rental value of £3,067 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £921,196 and a rental value of £2,716 per month.
Over the last 12 months the sale value of 2A The Drive Banstead has decreased by an estimated £31,868 (3.2%) and its rental value has increased by an estimated £80 per month (2.7%), giving an expected gross yield of 3.5%.
According to data from HM Land Registry, 2A, The Drive, Banstead sits on a plot of 300m2.
We have plot size data on 10 out of 10 other houses in the postcode and 2A, The Drive, Banstead sits on the 7th largest plot.
According to HM Land Registry, 2A, The Drive, Banstead was last sold on 19th September 2024 for £800,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since September 2024, the market for similar properties has dropped 16.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, The Drive, Banstead within a radius of 720 metres over the last 2 years.
The most recent example is 4B, The Drive, Banstead, SM7 1DB, a freehold house which sold for £815,000 on the 24th August 2021.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, Banstead, SM7 has a total of 52 addresses. According to our analysis of all the public data, 2A, The Drive, Banstead is the 44th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £336k more expensive than the average property in SM7.
The closest station to 2A, The Drive, Banstead is Banstead station which is 1.3 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2A, The Drive, Banstead, 45.0% of property is privately owned with a mortgage and 44.2% 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, The Drive, Banstead, 18.3% of residents are recorded as possessing school level qualifications and 34.0% 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, The Drive, 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 2A, The Drive, Banstead, 2.2% 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, The Drive, 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.
