According to the public record, 105, Nork Way, Banstead is a early-century freehold house with 2,669 ft2 of internal area and sits on a 824 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Nork Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
105, Nork Way, Banstead has a single entry in the Land Registry database from December 2020 and a single entry in the EPC database dated October 2017.
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 105 Nork Way Banstead as £1,179,115 and the rental value as £4,052 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 105 Nork Way Banstead has decreased by £4,035 (0.3%) and its rental value has increased by £136 per month (3.4%).
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 105, Nork Way, Banstead is in very good condition we estimate a sale value of £1,238,071 and rental value of £4,254 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,096,577 and a rental value of £3,768 per month.
If you were able to purchase this property for the estimated value of £1,179,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,795 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, 105, Nork Way, Banstead sits on a plot of 824m2.
We have plot size data on 13 out of 21 other houses in the postcode and 105, Nork Way, Banstead sits on the 8th largest plot.
According to HM Land Registry, 105, Nork Way, Banstead was last sold on 17 Dec 2020 for £995,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2020, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 105, Nork Way, Banstead within a radius of 710 metres over the last 2 years.
The most recent example is 9, Tudor Close, Banstead, SM7 1HQ, a Freehold house which sold for £1,130,000 in Nov 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nork Way, Banstead, SM7 has a total of 192 addresses. According to our analysis of all the public data, 105, Nork Way, Banstead is the 6th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £511k more expensive than the average property in SM7.
105, Nork Way, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Oct 2017.
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 105, Nork Way, Banstead is Banstead station which is 600 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 105, Nork Way, Banstead, 50.7% of property is privately owned with a mortgage and 43.3% 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 105, Nork Way, Banstead, 21.2% of residents are recorded as possessing school level qualifications and 45.9% 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 105, Nork Way, 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 105, Nork Way, Banstead, 1.7% 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 105, Nork Way, 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.