According to the public record, 6, Yewlands Close, Banstead is a mid-century leasehold apartment with 833 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Yewlands Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
6, Yewlands Close, Banstead has 2 entries in the Land Registry database, most recently in November 2009 and a single entry in the EPC database dated May 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 6 Yewlands Close Banstead as £386,558 and the rental value as £1,871 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 6 Yewlands Close Banstead has increased by £8,719 (2.3%) and its rental value has increased by £113 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 6, Yewlands Close, Banstead is in very good condition we estimate a sale value of £405,885 and rental value of £1,964 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,499 and a rental value of £1,740 per month.
If you were able to purchase this property for the estimated value of £386,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,900 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, 6, Yewlands Close, Banstead was last sold on 13 Nov 2009 for £196,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2009, the market for similar properties has risen 57.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Yewlands Close, Banstead within a radius of 840 metres over the last 2 years.
The most recent example is Flat 31, Well House, Woodmansterne Lane, Banstead, SM7 3AB, a Leasehold flat which sold for £405,000 in Aug 2023.
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, 6, Yewlands Close, Banstead is the 32nd largest and the 34th most expensive property on the street.
When compared to the postcode district it is £282k less expensive than the average property in SM7.
6, Yewlands Close, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 2009.
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 6, 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 6, 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 6, 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 6, 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 6, 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 6, 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.