According to the public record, 1, Walnut Grove, Banstead is a modern freehold house with 1,862 ft2 of internal area and sits on a 668 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Walnut Grove, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
1, Walnut Grove, Banstead has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated June 2013.
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 Walnut Grove Banstead as £973,089 and the rental value as £3,289 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 1 Walnut Grove Banstead has increased by £11,205 (1.2%) and its rental value has increased by £160 per month (4.9%).
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, Walnut Grove, Banstead is in very good condition we estimate a sale value of £1,021,744 and rental value of £3,453 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £904,973 and a rental value of £3,059 per month.
If you were able to purchase this property for the estimated value of £973,089, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,782 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, Walnut Grove, Banstead sits on a plot of 668m2.
We have plot size data on 9 out of 20 other houses in the postcode and 1, Walnut Grove, Banstead sits on the 2nd largest plot.
According to HM Land Registry, 1, Walnut Grove, Banstead was last sold on 28 Oct 2022 for £1,120,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Walnut Grove, Banstead within a radius of 790 metres over the last 2 years.
The most recent example is 12, Burns Drive, Banstead, SM7 1PN, a Freehold house which sold for £940,000 in Jun 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walnut Grove, Banstead, SM7 has a total of 22 addresses. According to our analysis of all the public data, 1, Walnut Grove, Banstead is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £305k more expensive than the average property in SM7.
1, Walnut Grove, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Walnut Grove, Banstead is Banstead station which is 900 metres 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, Walnut Grove, Banstead, 52.1% of property is privately owned outright and 44.2% is privately owned with a mortgage.
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, Walnut Grove, Banstead, 14.4% of residents are recorded as possessing school level qualifications and 40.7% 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, Walnut Grove, 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, Walnut Grove, Banstead, 1.5% 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, Walnut Grove, Banstead, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.