According to the public record, 14, The Gables, Banstead is a mid-century freehold house with 785 ft2 of internal area and sits on a 203 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
The Gables, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
14, The Gables, Banstead has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated March 2016.
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 14 The Gables Banstead as £434,128 and the rental value as £2,216 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 14 The Gables Banstead has increased by £13,855 (3.2%) and its rental value has increased by £157 per month (7.1%).
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 14, The Gables, Banstead is in very good condition we estimate a sale value of £455,834 and rental value of £2,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,739 and a rental value of £2,061 per month.
If you were able to purchase this property for the estimated value of £434,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,134 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, 14, The Gables, Banstead sits on a plot of 203m2.
We have plot size data on 7 out of 12 other houses in the postcode and 14, The Gables, Banstead sits on the 6th largest plot.
According to HM Land Registry, 14, The Gables, Banstead was last sold on 02 Jun 2017 for £385,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, The Gables, Banstead within a radius of 780 metres over the last 2 years.
The most recent example is 7, Horsecroft, Banstead, SM7 2HB, a Freehold house which sold for £515,000 in Jul 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Gables, Banstead, SM7 has a total of 12 addresses. According to our analysis of all the public data, 14, The Gables, Banstead is the 11th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £234k less expensive than the average property in SM7.
14, The Gables, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Mar 2016.
The property is connected to mains gas and has fully triple glazed windows. It is heated using a boiler and radiators.
The closest station to 14, The Gables, Banstead is Banstead station which is 1.5 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 14, The Gables, Banstead, 31.1% of property is privately owned outright and 26.9% 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 14, The Gables, Banstead, 16.8% of residents are recorded as possessing school level qualifications and 33.9% 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 14, The Gables, 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 14, The Gables, Banstead, 0.4% 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 14, The Gables, Banstead, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.