According to the public record, 22, Woodmansterne Lane, Banstead is a early-century freehold house with 3,648 ft2 of internal area and sits on a 1,470 m2 plot.
Houses of this size in this area normally have 6 bedrooms with a garden.
Woodmansterne Lane, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
22, Woodmansterne Lane, Banstead has 21 entries in the Land Registry database, most recently in August 2023 and a single entry in the EPC database dated February 2018.
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 22 Woodmansterne Lane Banstead as £1,819,829 and the rental value as £5,163 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 22 Woodmansterne Lane Banstead has decreased by £11,331 (0.6%) and its rental value has increased by £135 per month (2.6%).
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 22, Woodmansterne Lane, Banstead is in very good condition we estimate a sale value of £1,910,820 and rental value of £5,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,692,441 and a rental value of £4,801 per month.
If you were able to purchase this property for the estimated value of £1,819,829, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £8,944 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, 22, Woodmansterne Lane, Banstead sits on a plot of 1470m2.
We have plot size data on 1 out of 3 other houses in the postcode and 22, Woodmansterne Lane, Banstead sits on the largest plot.
According to HM Land Registry, 22, Woodmansterne Lane, Banstead was last sold on 04 Aug 2023 for £1,825,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2023, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 22, Woodmansterne Lane, Banstead within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 25, Cunningham Road, Banstead, SM7 3HG, a Freehold house which sold for £1,630,000 in Nov 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woodmansterne Lane, Banstead, SM7 has a total of 121 addresses. According to our analysis of all the public data, 22, Woodmansterne Lane, Banstead is the 4th largest and the most expensive property on the street.
When compared to the postcode district it is £1.151m more expensive than the average property in SM7.
22, Woodmansterne Lane, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2018.
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 22, Woodmansterne Lane, Banstead is Banstead station which is 1.9 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 22, Woodmansterne Lane, 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 22, Woodmansterne Lane, 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 22, Woodmansterne Lane, 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 22, Woodmansterne Lane, 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 22, Woodmansterne Lane, 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.