According to the public record, 8, Tudor Close, Banstead is a early-century freehold house with 1,184 ft2 of internal area and sits on a 1,019 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Tudor Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
8, Tudor Close, Banstead has 21 entries in the Land Registry database, most recently in November 2016 and a single entry in the EPC database dated August 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 Tudor Close Banstead as £795,591 and the rental value as £2,891 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 8 Tudor Close Banstead has increased by £4,716 (0.6%) and its rental value has increased by £127 per month (4.4%).
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, Tudor Close, Banstead is in very good condition we estimate a sale value of £835,371 and rental value of £3,035 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £739,900 and a rental value of £2,688 per month.
If you were able to purchase this property for the estimated value of £795,591, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,910 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, 8, Tudor Close, Banstead sits on a plot of 1019m2.
We have plot size data on 9 out of 12 other houses in the postcode and 8, Tudor Close, Banstead sits on the 4th largest plot.
According to HM Land Registry, 8, Tudor Close, Banstead was last sold on 25 Nov 2016 for £770,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2016, the market for similar properties has risen 18.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Tudor Close, Banstead within a radius of 710 metres over the last 2 years.
The most recent example is 92, Nork Way, Banstead, SM7 1HW, a Freehold house which sold for £775,000 in Dec 2020.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tudor Close, Banstead, SM7 has a total of 16 addresses. According to our analysis of all the public data, 8, Tudor Close, Banstead is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in SM7.
8, Tudor Close, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2016.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 8, Tudor Close, Banstead is Banstead station which is 700 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 8, Tudor Close, Banstead, 44.7% of property is privately owned with a mortgage and 40.0% is privately owned outright.
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, Tudor Close, Banstead, 15.5% of residents are recorded as possessing school level qualifications and 47.6% 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 8, Tudor Close, Banstead, the average age was 42.7 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 8, Tudor Close, Banstead, 0.9% 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 8, Tudor Close, 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.