According to the public record, 12, Court Road, Banstead is a mid-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Court Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
12, Court Road, Banstead has 3 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated August 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 12 Court Road Banstead as £353,841 and the rental value as £1,686 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 12 Court Road Banstead has increased by £8,125 (2.3%) and its rental value has increased by £104 per month (6.2%).
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 12, Court Road, Banstead is in very good condition we estimate a sale value of £371,533 and rental value of £1,770 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,072 and a rental value of £1,568 per month.
If you were able to purchase this property for the estimated value of £353,841, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,739 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 HM Land Registry, 12, Court Road, Banstead was last sold on 23 Mar 2021 for £320,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Court Road, Banstead within a radius of 670 metres over the last 2 years.
The most recent example is 110, Courtlands Crescent, Banstead, SM7 2PJ, a Leasehold flat which sold for £315,000 in Mar 2024.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Court Road, Banstead, SM7 has a total of 34 addresses. According to our analysis of all the public data, 12, Court Road, Banstead is the 28th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £315k less expensive than the average property in SM7.
12, Court Road, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Aug 2014.
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 12, Court Road, 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 12, Court Road, Banstead, 62.9% of property is privately owned outright and 29.0% 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 12, Court Road, Banstead, 17.4% of residents are recorded as possessing school level qualifications and 48.4% 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 12, Court Road, Banstead, the average age was 44.8 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 12, Court Road, Banstead, 4.9% 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 12, Court Road, 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.