According to the public record, 12, The Oval, Banstead is a mid-century freehold house with 931 ft2 of internal area and sits on a 324 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Oval, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
12, The Oval, Banstead has 21 entries in the Land Registry database, most recently in November 2010 and a single entry in the EPC database dated October 2009.
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 The Oval Banstead as £604,764 and the rental value as £2,576 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 12 The Oval Banstead has increased by £16,172 (2.7%) and its rental value has increased by £169 per month (6.5%).
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, The Oval, Banstead is in very good condition we estimate a sale value of £635,002 and rental value of £2,705 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,430 and a rental value of £2,395 per month.
If you were able to purchase this property for the estimated value of £604,764, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,972 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, 12, The Oval, Banstead sits on a plot of 324m2.
We have plot size data on 6 out of 10 other houses in the postcode and 12, The Oval, Banstead sits on the 7th largest plot.
According to HM Land Registry, 12, The Oval, Banstead was last sold on 19 Nov 2010 for £378,450 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2010, the market for similar properties has risen 73.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, The Oval, Banstead within a radius of 650 metres over the last 2 years.
The most recent example is 38, Winkworth Road, Banstead, SM7 2QL, a Freehold house which sold for £550,000 in Mar 2024.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Oval, Banstead, SM7 has a total of 46 addresses. According to our analysis of all the public data, 12, The Oval, Banstead is the 19th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in SM7.
12, The Oval, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 12, The Oval, Banstead is Banstead station which is 800 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 12, The Oval, Banstead, 44.3% of property is privately owned outright and 44.3% 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, The Oval, Banstead, 20.5% of residents are recorded as possessing school level qualifications and 34.3% 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, The Oval, 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, The Oval, Banstead, 0.0% 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, The Oval, Banstead, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.