According to the public record, 3, Picquets Way, Banstead is a mid-century freehold house with 979 ft2 of internal area and sits on a 464 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Picquets Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
3, Picquets Way, Banstead has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated June 2012.
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 3 Picquets Way Banstead as £654,168 and the rental value as £2,605 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 3 Picquets Way Banstead has increased by £13,803 (2.1%) and its rental value has increased by £155 per month (5.9%).
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 3, Picquets Way, Banstead is in very good condition we estimate a sale value of £686,877 and rental value of £2,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £608,377 and a rental value of £2,423 per month.
If you were able to purchase this property for the estimated value of £654,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,215 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, Picquets Way, Banstead sits on a plot of 464m2.
We have plot size data on 23 out of 33 other houses in the postcode and 3, Picquets Way, Banstead sits on the 16th largest plot.
According to HM Land Registry, 3, Picquets Way, Banstead was last sold on 26 Oct 2012 for £340,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 63.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Picquets Way, Banstead within a radius of 820 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.
Picquets Way, Banstead, SM7 has a total of 39 addresses. According to our analysis of all the public data, 3, Picquets Way, Banstead is the 26th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in SM7.
3, Picquets Way, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jun 2012.
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 3, Picquets Way, Banstead is Banstead station which is 1.6 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, Picquets Way, Banstead, 47.8% of property is privately owned with a mortgage and 41.6% 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 3, Picquets Way, Banstead, 18.5% of residents are recorded as possessing school level qualifications and 38.9% 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 3, Picquets Way, Banstead, the average age was 45.1 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, Picquets Way, Banstead, 1.9% 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 3, Picquets Way, Banstead, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.