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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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According to the public record, Fairacre, Banstead is a modern house with 4,101 ft2 of internal area and sits on a 2,014 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Fairacre, Banstead is £1,853,521 and the estimated rental value is £4,681 per month.
Highfield, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Fairacre, Banstead has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data 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.
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 Fairacre, Banstead is in very good condition we estimate a sale value of £1,946,197 and a rental value of £4,915 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,723,774 and a rental value of £4,354 per month.
Over the last 12 months the sale value of Fairacre Banstead has decreased by an estimated £69,444 (3.7%) and its rental value has increased by an estimated £111 per month (2.4%), giving an expected gross yield of 3%.
According to data from HM Land Registry, Fairacre, Banstead sits on a plot of 2014m2.
We have plot size data on 15 out of 17 other houses in the postcode and Fairacre, Banstead sits on the 5th largest plot.
Fairacre, Banstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Fairacre, Banstead within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 22, Court Hill, Coulsdon, CR5 3NQ, a freehold house which sold for £2,390,000 on the 19th May 2022.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Highfield, Banstead, SM7 has a total of 17 addresses. According to our analysis of all the public data, Fairacre, Banstead is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £1.199m more expensive than the average property in SM7.
The closest station to Fairacre, Banstead is Chipstead station which is 500 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Fairacre, 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 Fairacre, 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 Fairacre, 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 Fairacre, 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 Fairacre, 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.
