According to the public record, 43, Yewlands Close, Banstead is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,183 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Yewlands Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
43, Yewlands Close, Banstead has a single entry in the Land Registry database from September 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 43 Yewlands Close Banstead as £749,441 and the rental value as £2,936 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 43 Yewlands Close Banstead has increased by £6,014 (0.8%) and its rental value has increased by £133 per month (4.5%).
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 43, Yewlands Close, Banstead is in very good condition we estimate a sale value of £786,913 and rental value of £3,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £696,980 and a rental value of £2,731 per month.
If you were able to purchase this property for the estimated value of £749,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,683 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 HM Land Registry, 43, Yewlands Close, Banstead was last sold on 07 Sep 2007 for £399,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 72.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Yewlands Close, Banstead within a radius of 900 metres over the last 2 years.
The most recent example is 23, Salisbury Road, Banstead, SM7 2DP, a Freehold house which sold for £660,000 in Oct 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Yewlands Close, Banstead, SM7 has a total of 55 addresses. According to our analysis of all the public data, 43, Yewlands Close, Banstead is the 12th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in SM7.
The closest station to 43, Yewlands Close, 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 43, Yewlands Close, Banstead, 40.9% of property is privately owned outright and 25.5% 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 43, Yewlands Close, Banstead, 16.3% of residents are recorded as possessing school level qualifications and 31.6% 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 43, Yewlands 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 43, Yewlands Close, Banstead, 0.0% 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 43, Yewlands Close, Banstead, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.