According to the public record, 28, Burgh Wood, Banstead is a early-century freehold house with 1,087 ft2 of internal area and sits on a 846 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Burgh Wood, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
28, Burgh Wood, Banstead has a single entry in the Land Registry database from April 2020 and a single entry in the EPC database dated June 2019.
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 28 Burgh Wood Banstead as £691,015 and the rental value as £2,642 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 28 Burgh Wood Banstead has increased by £18,674 (2.7%) and its rental value has increased by £174 per month (6.6%).
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 28, Burgh Wood, Banstead is in very good condition we estimate a sale value of £725,566 and rental value of £2,774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £642,644 and a rental value of £2,457 per month.
If you were able to purchase this property for the estimated value of £691,015, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,396 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, 28, Burgh Wood, Banstead sits on a plot of 846m2.
We have plot size data on 12 out of 18 other houses in the postcode and 28, Burgh Wood, Banstead sits on the 8th largest plot.
According to HM Land Registry, 28, Burgh Wood, Banstead was last sold on 27 Apr 2020 for £573,300 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2020, the market for similar properties has risen 15.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28, Burgh Wood, Banstead within a radius of 700 metres over the last 2 years.
The most recent example is 42, Brighton Road, Banstead, SM7 1BT, a Freehold house which sold for £775,000 in Mar 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burgh Wood, Banstead, SM7 has a total of 42 addresses. According to our analysis of all the public data, 28, Burgh Wood, Banstead is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £23k more expensive than the average property in SM7.
28, Burgh Wood, Banstead has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 06 Jun 2019.
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 28, Burgh Wood, Banstead is Banstead station which is 800 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 28, Burgh Wood, Banstead, 44.7% of property is privately owned with a mortgage and 40.0% is privately owned outright.
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 28, Burgh Wood, Banstead, 15.5% of residents are recorded as possessing school level qualifications and 47.6% 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 28, Burgh Wood, Banstead, the average age was 42.7 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 28, Burgh Wood, Banstead, 0.9% 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 28, Burgh Wood, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.