According to the public record, 18, Heath Close, Banstead is a early-century freehold house with 1,711 ft2 of internal area and sits on a 593 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Heath Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
18, Heath Close, Banstead has 31 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated August 2012.
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 18 Heath Close Banstead as £945,280 and the rental value as £3,213 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 18 Heath Close Banstead has increased by £7,585 (0.8%) and its rental value has increased by £146 per month (4.5%).
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 18, Heath Close, Banstead is in very good condition we estimate a sale value of £992,544 and rental value of £3,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £879,111 and a rental value of £2,988 per month.
If you were able to purchase this property for the estimated value of £945,280, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,646 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, 18, Heath Close, Banstead sits on a plot of 593m2.
We have plot size data on 7 out of 21 other houses in the postcode and 18, Heath Close, Banstead sits on the 5th largest plot.
According to HM Land Registry, 18, Heath Close, Banstead was last sold on 14 Feb 2014 for £550,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Feb 2014, the market for similar properties has risen 38.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Heath Close, Banstead within a radius of 930 metres over the last 2 years.
The most recent example is 80, Commonfield Road, Banstead, SM7 2JZ, a Freehold house which sold for £670,000 in Feb 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heath Close, Banstead, SM7 has a total of 21 addresses. According to our analysis of all the public data, 18, Heath Close, Banstead is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £277k more expensive than the average property in SM7.
18, Heath Close, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Aug 2012.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 18, Heath Close, Banstead is Banstead station which is 1.3 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 18, Heath Close, Banstead, 53.2% of property is privately owned outright and 40.3% 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 18, Heath Close, Banstead, 20.3% of residents are recorded as possessing school level qualifications and 45.1% 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 18, Heath Close, 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 18, Heath Close, Banstead, 1.2% 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 18, Heath Close, Banstead, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.