According to the public record, 1, Acer Close, Banstead is a modern freehold house with 968 ft2 of internal area and sits on a 274 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Acer Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
1, Acer Close, Banstead has a single entry in the Land Registry database from August 2014 and a single entry in the EPC database dated July 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Acer Close Banstead as £586,247 and the rental value as £2,632 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 1 Acer Close Banstead has increased by £14,930 (2.5%) and its rental value has increased by £167 per month (6.4%).
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 1, Acer Close, Banstead is in very good condition we estimate a sale value of £615,559 and rental value of £2,764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £545,210 and a rental value of £2,448 per month.
If you were able to purchase this property for the estimated value of £586,247, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,881 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 1, Acer Close, Banstead sits on a plot of 274m2.
We have plot size data on 10 out of 10 other houses in the postcode and 1, Acer Close, Banstead sits on the 4th largest plot.
According to HM Land Registry, 1, Acer Close, Banstead was last sold on 08 Aug 2014 for £465,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2014, the market for similar properties has risen 36.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Acer Close, Banstead within a radius of 770 metres over the last 2 years.
The most recent example is 6, Acer Close, Banstead, SM7 1DD, a Freehold house which sold for £555,000 in Nov 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acer Close, Banstead, SM7 has a total of 10 addresses. According to our analysis of all the public data, 1, Acer Close, Banstead is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in SM7.
1, Acer Close, Banstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Jul 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Acer Close, Banstead is Epsom Downs station which is 1.1 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 1, Acer Close, Banstead, 52.1% of property is privately owned with a mortgage and 36.1% is privately owned outright.
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 1, Acer Close, Banstead, 20.0% of residents are recorded as possessing school level qualifications and 39.7% 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 1, Acer Close, 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 1, Acer Close, Banstead, 0.2% 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 1, Acer Close, Banstead, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.