According to the public record, 38, Smithy Lane, Tadworth is a period freehold house with 745 ft2 of internal area and sits on a 291 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Smithy Lane, Lower Kingswood, Tadworth, KT20 is located in the borough of Reigate and Banstead within the KT20 postal district.
38, Smithy Lane, Tadworth has 21 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated April 2009.
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 38 Smithy Lane Tadworth as £409,428 and the rental value as £2,115 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 38 Smithy Lane Tadworth has increased by £10,370 (2.5%) and its rental value has increased by £142 per month (6.7%).
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 38, Smithy Lane, Tadworth is in very good condition we estimate a sale value of £429,900 and rental value of £2,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £380,768 and a rental value of £1,967 per month.
If you were able to purchase this property for the estimated value of £409,428, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,012 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, 38, Smithy Lane, Tadworth sits on a plot of 291m2.
We have plot size data on 16 out of 25 other houses in the postcode and 38, Smithy Lane, Tadworth sits on the 10th largest plot.
According to HM Land Registry, 38, Smithy Lane, Tadworth was last sold on 12 Nov 2009 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2009, the market for similar properties has risen 84.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Smithy Lane, Tadworth within a radius of 2.3 kilometres over the last 2 years.
The most recent example is 70, Smithy Lane, Tadworth, KT20 6TX, a Freehold house which sold for £375,000 in Jan 2021.
Read more about house prices in KT20.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Smithy Lane, Lower Kingswood, Tadworth, KT20 has a total of 78 addresses. According to our analysis of all the public data, 38, Smithy Lane, Tadworth is the 72nd largest and the 75th most expensive property on the street.
When compared to the postcode district it is £320k less expensive than the average property in KT20.
38, Smithy Lane, Tadworth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Apr 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 38, Smithy Lane, Tadworth is Kingswood station which is 2.6 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 38, Smithy Lane, Tadworth, 46.4% of property is privately owned with a mortgage and 45.0% 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 38, Smithy Lane, Tadworth, 19.3% of residents are recorded as possessing school level qualifications and 29.1% 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 38, Smithy Lane, Tadworth, the average age was 44.9 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 38, Smithy Lane, Tadworth, 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 38, Smithy Lane, Tadworth, 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.