According to the public record, 125A, High Street, Banstead is a period leasehold apartment with 1,216 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
High Street, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
125A, High Street, Banstead has 31 entries in the Land Registry database, most recently in October 2012 and a single entry in the EPC database dated June 2024.
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 125A High Street Banstead as £372,854 and the rental value as £2,038 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 125A High Street Banstead has increased by £8,138 (2.2%) and its rental value has increased by £123 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 125A, High Street, Banstead is in very good condition we estimate a sale value of £391,497 and rental value of £2,140 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,755 and a rental value of £1,896 per month.
If you were able to purchase this property for the estimated value of £372,854, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,832 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, 125A, High Street, Banstead was last sold on 10 Oct 2012 for £245,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2012, the market for similar properties has risen 50.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 125A, High Street, Banstead within a radius of 640 metres over the last 2 years.
The most recent example is 50A, High Street, Banstead, SM7 2LX, a Leasehold flat which sold for £300,000 in Aug 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Banstead, SM7 has a total of 184 addresses. According to our analysis of all the public data, 125A, High Street, Banstead is the 6th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £296k less expensive than the average property in SM7.
125A, High Street, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jun 2024.
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 125A, High Street, Banstead is Banstead 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 125A, High Street, Banstead, 55.7% of property is privately rented and 20.2% 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 125A, High Street, Banstead, 19.7% of residents are recorded as possessing school level qualifications and 34.2% 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 125A, High Street, 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 125A, High Street, Banstead, 1.5% 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 125A, High Street, Banstead, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.