According to the public record, 116, Hillside, Banstead is a early-century freehold house with 2,271 ft2 of internal area and sits on a 759 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Hillside, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
116, Hillside, Banstead has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated August 2022.
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 116 Hillside Banstead as £997,840 and the rental value as £3,687 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 116 Hillside Banstead has decreased by £4,691 (0.5%) and its rental value has increased by £121 per month (3.3%).
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 116, Hillside, Banstead is in very good condition we estimate a sale value of £1,047,732 and rental value of £3,871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £927,991 and a rental value of £3,429 per month.
If you were able to purchase this property for the estimated value of £997,840, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,904 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, 116, Hillside, Banstead sits on a plot of 759m2.
We have plot size data on 13 out of 28 other houses in the postcode and 116, Hillside, Banstead sits on the 7th largest plot.
According to HM Land Registry, 116, Hillside, Banstead was last sold on 08 Nov 2013 for £645,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 39.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Hillside, Banstead within a radius of 770 metres over the last 2 years.
The most recent example is 3, Burgh Wood, Banstead, SM7 1EW, a Freehold house which sold for £960,000 in Apr 2024.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hillside, Banstead, SM7 has a total of 125 addresses. According to our analysis of all the public data, 116, Hillside, Banstead is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £329k more expensive than the average property in SM7.
116, Hillside, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Aug 2022.
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 116, Hillside, Banstead is Banstead 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 116, Hillside, Banstead, 45.0% of property is privately owned with a mortgage and 44.2% 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 116, Hillside, Banstead, 18.3% of residents are recorded as possessing school level qualifications and 34.0% 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 116, Hillside, 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 116, Hillside, Banstead, 2.2% 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 116, Hillside, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.