According to the public record, 23, Colcokes Road, Banstead is a early-century freehold house with 1,388 ft2 of internal area and sits on a 851 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Colcokes Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
23, Colcokes Road, Banstead has 21 entries in the Land Registry database, most recently in April 2017 and a single entry in the EPC database dated September 2015.
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 23 Colcokes Road Banstead as £914,465 and the rental value as £2,959 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 23 Colcokes Road Banstead has increased by £1,506 (0.2%) and its rental value has increased by £117 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 23, Colcokes Road, Banstead is in very good condition we estimate a sale value of £960,188 and rental value of £3,107 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £850,452 and a rental value of £2,752 per month.
If you were able to purchase this property for the estimated value of £914,465, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,494 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, 23, Colcokes Road, Banstead sits on a plot of 851m2.
We have plot size data on 11 out of 23 other houses in the postcode and 23, Colcokes Road, Banstead sits on the 6th largest plot.
According to HM Land Registry, 23, Colcokes Road, Banstead was last sold on 27 Apr 2017 for £750,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2017, the market for similar properties has risen 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Colcokes Road, Banstead within a radius of 710 metres over the last 2 years.
The most recent example is 19, Colcokes Road, Banstead, SM7 2EJ, a Freehold house which sold for £875,000 in Jun 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Colcokes Road, Banstead, SM7 has a total of 42 addresses. According to our analysis of all the public data, 23, Colcokes Road, Banstead is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £246k more expensive than the average property in SM7.
23, Colcokes Road, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Sep 2015.
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 23, Colcokes Road, Banstead is Banstead station which is 1.4 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 23, Colcokes Road, Banstead, 54.4% of property is privately owned outright and 37.9% 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 23, Colcokes Road, Banstead, 18.5% of residents are recorded as possessing school level qualifications and 50.9% 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 23, Colcokes Road, 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 23, Colcokes Road, Banstead, 4.1% 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 23, Colcokes Road, Banstead, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.