Merrymeet, Banstead, SM7 is a residential street which is the 151st longest street in the SM7 area.
It contains 43 residential addresses consisting of 16 houses, 21 flats and 6 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £269,293. Sales values have increased in the last 12 months by 2.6% and Rental values have increased by 5.9%.
Property sale values range from £206,359 for a leasehold flat, with 2 bedrooms split across 452 square feet of gross internal area and has no outside space to £478,764 for a leasehold house, with 3 bedrooms split across 904 square feet of gross internal area and has a garden.
Average £/ft2 for properties in Merrymeet, Banstead, SM7 is £363/ft2.
Properties achieve a rental yield of between 5.8% and 6.9%, and rental values range from £1,183 to £2,319 per month.
The last sale was 11 Nov 2022 for £440,000 and since then the market in the area has increased by 0.5%. The street has had a total of 4 sales since 1995.
Merrymeet, Banstead, SM7 has seen 4 sales in the last three years and no sales in the last twelve months.
Merrymeet, Banstead, SM7 is the 151st largest and the 6th most expensive street in the SM7 area.
There are 3 postcodes on Merrymeet, Banstead, SM7.
Merrymeet, Banstead, SM7 is a residential street located in SM7 containing 16 houses, 21 flats and 6 unknown.
The most common property type on Merrymeet, Banstead, SM7 is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to Merrymeet, Banstead, SM7 is Woodmansterne station which is 1.2 kilometres away.
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 Merrymeet, Banstead, SM7, 31.8% of property is privately owned with a mortgage and 27.1% is socially rented.
The graph below shows how this compares to Greater London 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 Merrymeet, Banstead, SM7, 18.8% of residents are recorded as possessing school level qualifications and 31.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Merrymeet, Banstead, SM7, 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 Merrymeet, Banstead, SM7, 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 Merrymeet, Banstead, SM7, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.