According to the public record, 9, Acorn Close, Banstead is a modern freehold house with 699 ft2 of internal area and sits on a 137 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Acorn Close, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
9, Acorn Close, Banstead has a single entry in the Land Registry database from May 2012 and a single entry in the EPC database dated April 2012.
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 9 Acorn Close Banstead as £526,434 and the rental value as £2,241 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 9 Acorn Close Banstead has increased by £13,407 (2.5%) and its rental value has increased by £143 per month (6.4%).
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 9, Acorn Close, Banstead is in very good condition we estimate a sale value of £552,755 and rental value of £2,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £489,583 and a rental value of £2,084 per month.
If you were able to purchase this property for the estimated value of £526,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,587 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, 9, Acorn Close, Banstead sits on a plot of 137m2.
We have plot size data on 13 out of 13 other houses in the postcode and 9, Acorn Close, Banstead sits on the 13th largest plot.
According to HM Land Registry, 9, Acorn Close, Banstead was last sold on 22 May 2012 for £282,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 69.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Acorn Close, Banstead within a radius of 690 metres over the last 2 years.
The most recent example is 55, Hillside Close, Banstead, SM7 1ET, a Freehold house which sold for £492,500 in Sep 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Acorn Close, Banstead, SM7 has a total of 13 addresses. According to our analysis of all the public data, 9, Acorn Close, Banstead is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in SM7.
9, Acorn Close, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 9, Acorn 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 9, Acorn Close, Banstead, 34.6% of property is privately owned outright and 28.7% 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 9, Acorn Close, Banstead, 21.0% of residents are recorded as possessing school level qualifications and 35.6% 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 9, Acorn 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 9, Acorn Close, Banstead, 0.6% 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 9, Acorn Close, Banstead, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.