According to the public record, 3, Neville Close, Banstead is a modern house with 473 ft2 of internal area and sits on a 225 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Neville Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
3, Neville Close, Banstead has no records in the Land Registry database and a single entry in the EPC database dated April 2015.
We combine this information with public data 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 3 Neville Close Banstead as £302,611 and the rental value as £1,571 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 3 Neville Close Banstead has increased by £8,092 (2.7%) and its rental value has increased by £103 per month (6.5%).
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 3, Neville Close, Banstead is in very good condition we estimate a sale value of £317,742 and rental value of £1,649 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,428 and a rental value of £1,461 per month.
If you were able to purchase this property for the estimated value of £302,611, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,487 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, 3, Neville Close, Banstead sits on a plot of 225m2.
We have plot size data on 11 out of 12 other houses in the postcode and 3, Neville Close, Banstead sits on the 2nd largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 680 metres radius of 3, Neville Close, Banstead over the last 2 years.
The most recent example is 22, Lambert Road, Banstead, SM7 2QX, a Freehold house which sold for £340,000 in Jan 2022.
Read more about house prices in SM7.
Neville Close, Banstead, SM7 has a total of 12 addresses. According to our analysis of all the public data, 3, Neville Close, Banstead is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £366k less expensive than the average property in SM7.
3, Neville Close, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 3, Neville Close, Banstead is Banstead station which is 1.0 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 3, Neville Close, Banstead, 33.1% of property is privately owned outright and 31.7% 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 3, Neville Close, Banstead, 21.7% of residents are recorded as possessing school level qualifications and 27.0% 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 3, Neville Close, 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 3, Neville Close, Banstead, 1.7% 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 3, Neville Close, 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.