According to the public record, 2, Lower Sawley Wood, Banstead is a modern freehold house with 1,184 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Lower Sawley Wood, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
2, Lower Sawley Wood, Banstead has 2 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated August 2014.
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 2 Lower Sawley Wood Banstead as £598,128 and the rental value as £2,814 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 2 Lower Sawley Wood Banstead has increased by £10,736 (1.8%) and its rental value has increased by £159 per month (5.6%).
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 2, Lower Sawley Wood, Banstead is in very good condition we estimate a sale value of £628,034 and rental value of £2,955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,259 and a rental value of £2,617 per month.
If you were able to purchase this property for the estimated value of £598,128, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,940 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, 2, Lower Sawley Wood, Banstead was last sold on 28 Jun 2019 for £480,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2019, the market for similar properties has risen 20.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Lower Sawley Wood, Banstead within a radius of 760 metres over the last 2 years.
The most recent example is 79, Greenhayes Avenue, Banstead, SM7 2JJ, a Freehold house which sold for £615,000 in Aug 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lower Sawley Wood, Banstead, SM7 has a total of 18 addresses. According to our analysis of all the public data, 2, Lower Sawley Wood, Banstead is the largest and the most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in SM7.
2, Lower Sawley Wood, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Aug 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Lower Sawley Wood, Banstead is Banstead station which is 400 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 2, Lower Sawley Wood, Banstead, 40.6% of property is privately owned outright and 35.5% 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 2, Lower Sawley Wood, Banstead, 17.3% of residents are recorded as possessing school level qualifications and 28.0% 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 2, Lower Sawley Wood, 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 2, Lower Sawley Wood, 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 2, Lower Sawley Wood, 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.