According to the public record, 8, Blacksmith Close, Ashtead is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Blacksmith Close, Ashtead, KT21 is located in the borough of Mole Valley within the KT21 postal district.
8, Blacksmith Close, Ashtead has a single entry in the Land Registry database from November 2016 and a single entry in the EPC database dated September 2016.
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 8 Blacksmith Close Ashtead as £276,530 and the rental value as £1,439 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 8 Blacksmith Close Ashtead has increased by £3,611 (1.3%) and its rental value has increased by £82 per month (5.7%).
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 8, Blacksmith Close, Ashtead is in very good condition we estimate a sale value of £290,356 and rental value of £1,511 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £257,173 and a rental value of £1,338 per month.
If you were able to purchase this property for the estimated value of £276,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,359 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, 8, Blacksmith Close, Ashtead was last sold on 22 Nov 2016 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2016, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Blacksmith Close, Ashtead within a radius of 750 metres over the last 2 years.
The most recent example is 6, Blacksmith Close, Ashtead, KT21 2BD, a Leasehold flat which sold for £291,000 in Mar 2022.
Read more about house prices in KT21.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Blacksmith Close, Ashtead, KT21 has a total of 10 addresses. According to our analysis of all the public data, 8, Blacksmith Close, Ashtead is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £509k less expensive than the average property in KT21.
8, Blacksmith Close, Ashtead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2016.
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 8, Blacksmith Close, Ashtead is Ashtead station which is 1.2 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 8, Blacksmith Close, Ashtead, 49.3% 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 8, Blacksmith Close, Ashtead, 10.9% of residents are recorded as possessing school level qualifications and 51.8% 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 8, Blacksmith Close, Ashtead, the average age was 43.8 and the most common age was 52.
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 8, Blacksmith Close, Ashtead, 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 8, Blacksmith Close, Ashtead, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.