According to the public record, 7, Great Ellshams, Banstead is a mid-century freehold house with 1,420 ft2 of internal area and sits on a 484 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Great Ellshams, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
7, Great Ellshams, Banstead has 2 entries in the Land Registry database, most recently in November 2021 and a single entry in the EPC database dated September 2021.
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 7 Great Ellshams Banstead as £851,149 and the rental value as £3,085 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 7 Great Ellshams Banstead has increased by £1,401 (0.2%) and its rental value has increased by £122 per month (3.9%).
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 7, Great Ellshams, Banstead is in very good condition we estimate a sale value of £893,706 and rental value of £3,239 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £791,569 and a rental value of £2,869 per month.
If you were able to purchase this property for the estimated value of £851,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,183 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, 7, Great Ellshams, Banstead sits on a plot of 484m2.
We have plot size data on 17 out of 45 other houses in the postcode and 7, Great Ellshams, Banstead sits on the 11th largest plot.
According to HM Land Registry, 7, Great Ellshams, Banstead was last sold on 16 Nov 2021 for £810,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2021, the market for similar properties has dropped 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Great Ellshams, Banstead within a radius of 770 metres over the last 2 years.
The most recent example is 17, Great Ellshams, Banstead, SM7 2BA, a Freehold house which sold for £850,000 in May 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Ellshams, Banstead, SM7 has a total of 45 addresses. According to our analysis of all the public data, 7, Great Ellshams, Banstead is the 12th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in SM7.
7, Great Ellshams, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2021.
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 7, Great Ellshams, Banstead is Banstead station which is 1.4 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 7, Great Ellshams, Banstead, 62.9% of property is privately owned outright and 29.0% 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 7, Great Ellshams, Banstead, 17.4% of residents are recorded as possessing school level qualifications and 48.4% 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 7, Great Ellshams, 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 7, Great Ellshams, Banstead, 4.9% 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 7, Great Ellshams, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.