50, Palmersfield Road, Banstead has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated November 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
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 50, Palmersfield Road, Banstead is in very good condition we estimate a sale value of £921,015 and rental value of £3,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £815,756 and a rental value of £3,001 per month.
If you were able to purchase this property for the estimated value of £877,157, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,311 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, 50, Palmersfield Road, Banstead sits on a plot of 381m2.
We have plot size data on 19 out of 36 other houses in the postcode and 50, Palmersfield Road, Banstead sits on the 11th largest plot.
According to HM Land Registry, 50, Palmersfield Road, Banstead was last sold on 04 Sep 2015 for £580,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has risen 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Palmersfield Road, Banstead within a radius of 820 metres over the last 2 years.
The most recent example is 46, Palmersfield Road, Banstead, SM7 2LD, a Freehold house which sold for £885,000 in Jul 2022.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmersfield Road, Banstead, SM7 has a total of 59 addresses. According to our analysis of all the public data, 50, Palmersfield Road, Banstead is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £209k more expensive than the average property in SM7.
50, Palmersfield Road, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Nov 2014.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
According to the public record, 50, Palmersfield Road, Banstead is a early-century freehold house with 1,797 ft2 of internal area and sits on a 381 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Palmersfield Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 50 Palmersfield Road Banstead as £877,157 and the rental value as £3,227 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 50 Palmersfield Road Banstead has increased by £14,058 (1.6%) and its rental value has increased by £174 per month (5.4%).
The closest station to 50, Palmersfield Road, 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 50, Palmersfield Road, Banstead, 51.1% of property is privately owned outright and 47.4% 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 50, Palmersfield Road, Banstead, 21.5% of residents are recorded as possessing school level qualifications and 38.8% 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 50, Palmersfield Road, 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 50, Palmersfield Road, 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 50, Palmersfield Road, Banstead, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.