According to the public record, 55, Manor Way, Banstead is a early-century freehold house with 792 ft2 of internal area and sits on a 374 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Manor Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
55, Manor Way, Banstead has a single entry in the Land Registry database from April 2010 and a single entry in the EPC database dated November 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 55 Manor Way Banstead as £468,324 and the rental value as £2,335 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 55 Manor Way Banstead has increased by £11,969 (2.6%) and its rental value has increased by £140 per month (6.0%).
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 55, Manor Way, Banstead is in very good condition we estimate a sale value of £491,741 and rental value of £2,452 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,542 and a rental value of £2,172 per month.
If you were able to purchase this property for the estimated value of £468,324, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,302 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, 55, Manor Way, Banstead sits on a plot of 374m2.
We have plot size data on 17 out of 32 other houses in the postcode and 55, Manor Way, Banstead sits on the 2nd largest plot.
According to HM Land Registry, 55, Manor Way, Banstead was last sold on 22 Apr 2010 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2010, the market for similar properties has risen 83.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 55, Manor Way, Banstead within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 1, Hempshaw Avenue, Banstead, SM7 3PQ, a Freehold house which sold for £487,000 in Aug 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manor Way, Banstead, SM7 has a total of 62 addresses. According to our analysis of all the public data, 55, Manor Way, Banstead is the 49th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £200k less expensive than the average property in SM7.
55, Manor Way, Banstead has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Nov 2009.
The property is connected to mains gas and has single glazed windows. It is heated using room heaters.
The closest station to 55, Manor Way, Banstead is Chipstead station which is 800 metres 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 55, Manor Way, Banstead, 54.0% of property is privately owned outright and 40.3% 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 55, Manor Way, Banstead, 20.9% of residents are recorded as possessing school level qualifications and 33.6% 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 55, Manor Way, Banstead, the average age was 41.6 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 55, Manor Way, 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 55, Manor Way, Banstead, 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.