According to the public record, 19, North Acre, Banstead is a mid-century leasehold apartment with 726 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
North Acre, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
19, North Acre, Banstead has 21 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated August 2011.
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 19 North Acre Banstead as £344,687 and the rental value as £1,749 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 19 North Acre Banstead has increased by £7,915 (2.3%) and its rental value has increased by £108 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 19, North Acre, Banstead is in very good condition we estimate a sale value of £361,921 and rental value of £1,836 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £320,559 and a rental value of £1,626 per month.
If you were able to purchase this property for the estimated value of £344,687, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,694 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, 19, North Acre, Banstead was last sold on 11 Jul 2014 for £247,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, North Acre, Banstead within a radius of 640 metres over the last 2 years.
The most recent example is 7, Highdown Close, Banstead, SM7 1AS, a Leasehold flat which sold for £370,000 in Jun 2024.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Acre, Banstead, SM7 has a total of 64 addresses. According to our analysis of all the public data, 19, North Acre, Banstead is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £324k less expensive than the average property in SM7.
19, North Acre, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Aug 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using warm air.
The closest station to 19, North Acre, Banstead is Banstead station which is 1.1 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 19, North Acre, Banstead, 57.1% of property is privately owned outright and 27.7% 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 19, North Acre, Banstead, 14.2% of residents are recorded as possessing school level qualifications and 35.3% 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 19, North Acre, 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 19, North Acre, Banstead, 1.0% 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 19, North Acre, Banstead, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.