Penshurst, Banstead
Penshurst, Banstead
Description & Estimates
Public records show Penshurst, Banstead to be a mid-century freehold house with 1,716 ft2 of internal area, sitting on a 977 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Penshurst, Banstead has an estimated sale value of £1,007,895 and an estimated rental value of £2,955 per month, assuming reasonable condition and based on the information available.
Holly Lane, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
Our Data Sources
Penshurst, Banstead has 21 entries in the Land Registry , most recently in July 2010 and a single entry in the EPC database dated February 2010.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate Penshurst, Banstead would be worth £1,058,290, with a potential rental value of £3,103 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £937,342, with a rental value of £2,748 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Penshurst, Banstead has moved down by £16,472 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £87 (2.9%). The property's estimated gross yield is currently 3.5%.
Plot Size
Penshurst, Banstead occupies a 977 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
Penshurst, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Feb 2010.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Penshurst, Banstead last changed hands on 26th July 2010, selling for £650,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 24.7% since July 2010.
- Sold Jul 2010£650,000
- Sold Dec 2006£560,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 680 metres of Penshurst, Banstead across the last 2 years.
Most recently, 19A, Garratts Lane, Banstead, SM7 2EA, a freehold house, sold at £975,000 on the 18th December 2024.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Penshurst, Banstead as the 10th largest and the 8th most expensive of the 15 addresses on Holly Lane, Banstead, SM7.
Against the SM7 postcode district average, it is £349k more expensive than the typical property.
More reading links
Schools Nearby
- 100mSt Anne's Catholic Primary School
- 500mBanstead Community Junior School
- 500mBanstead Infant School and Nursery
- 900mThe Beacon School
- 3.2kmHarris Academy Sutton
- 3.7kmOverton Grange School
More reading links
Public Transport Nearby
Banstead station is the nearest stop to Penshurst, Banstead at 1.3 kilometres away.
- 1.3kmBanstead
- 2.5kmEpsom Downs
- 2.6kmChipstead
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
