According to the public record, 16, Cunningham Road, Banstead is a mid-century freehold house with 1,869 ft2 of internal area and sits on a 1,983 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Cunningham Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
16, Cunningham Road, Banstead has a single entry in the Land Registry database from April 2010 and a single entry in the EPC database dated December 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 16 Cunningham Road Banstead as £1,079,610 and the rental value as £3,188 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 16 Cunningham Road Banstead has increased by £6,584 (0.6%) and its rental value has increased by £124 per month (3.9%).
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 16, Cunningham Road, Banstead is in very good condition we estimate a sale value of £1,133,590 and rental value of £3,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,004,037 and a rental value of £2,965 per month.
If you were able to purchase this property for the estimated value of £1,079,610, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,306 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, 16, Cunningham Road, Banstead sits on a plot of 1983m2.
We have plot size data on 17 out of 26 other houses in the postcode and 16, Cunningham Road, Banstead sits on the largest plot.
According to HM Land Registry, 16, Cunningham Road, Banstead was last sold on 06 Apr 2010 for £800,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2010, the market for similar properties has risen 66.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Cunningham Road, Banstead within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 9, Chalmers Road, Banstead, SM7 3HF, a Freehold house which sold for £990,000 in Mar 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cunningham Road, Banstead, SM7 has a total of 28 addresses. According to our analysis of all the public data, 16, Cunningham Road, Banstead is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £411k more expensive than the average property in SM7.
16, Cunningham Road, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Dec 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 16, Cunningham Road, Banstead is Chipstead station which is 1.8 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 16, Cunningham Road, Banstead, 52.1% of property is privately owned outright and 29.5% 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 16, Cunningham Road, Banstead, 13.4% of residents are recorded as possessing school level qualifications and 37.1% 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 16, Cunningham Road, Banstead, the average age was 41.6 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 16, Cunningham Road, Banstead, 1.5% 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 16, Cunningham Road, 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.