According to the public record, 1A, Sycamore Rise, Banstead is a modern freehold house with 1,593 ft2 of internal area and sits on a 842 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sycamore Rise, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
1A, Sycamore Rise, Banstead has 21 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated January 2022.
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 1A Sycamore Rise Banstead as £893,838 and the rental value as £3,176 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 1A Sycamore Rise Banstead has increased by £10,292 (1.2%) and its rental value has increased by £155 per month (4.9%).
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 1A, Sycamore Rise, Banstead is in very good condition we estimate a sale value of £938,530 and rental value of £3,335 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £831,270 and a rental value of £2,954 per month.
If you were able to purchase this property for the estimated value of £893,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,393 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, 1A, Sycamore Rise, Banstead sits on a plot of 842m2.
We have plot size data on 3 out of 5 other houses in the postcode and 1A, Sycamore Rise, Banstead sits on the largest plot.
According to HM Land Registry, 1A, Sycamore Rise, Banstead was last sold on 03 Mar 2022 for £975,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Sycamore Rise, Banstead within a radius of 860 metres over the last 2 years.
The most recent example is 12, Burns Drive, Banstead, SM7 1PN, a Freehold house which sold for £940,000 in Jun 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sycamore Rise, Banstead, SM7 has a total of 7 addresses. According to our analysis of all the public data, 1A, Sycamore Rise, Banstead is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in SM7.
1A, Sycamore Rise, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Jan 2022.
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 1A, Sycamore Rise, 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 1A, Sycamore Rise, Banstead, 59.0% of property is privately owned outright and 33.3% 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 1A, Sycamore Rise, Banstead, 17.6% of residents are recorded as possessing school level qualifications and 44.2% 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 1A, Sycamore Rise, 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 1A, Sycamore Rise, Banstead, 0.3% 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 1A, Sycamore Rise, Banstead, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.