According to the public record, 5A, Buckles Way, Banstead is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,705 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Buckles Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
5A, Buckles Way, Banstead has a single entry in the Land Registry database from August 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for 5A Buckles Way Banstead as £1,283,138 and the rental value as £4,158 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 5A Buckles Way Banstead has decreased by £6,032 (0.5%) and its rental value has increased by £136 per month (3.3%).
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 5A, Buckles Way, Banstead is in very good condition we estimate a sale value of £1,347,295 and rental value of £4,366 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,193,318 and a rental value of £3,867 per month.
If you were able to purchase this property for the estimated value of £1,283,138, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,306 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, 5A, Buckles Way, Banstead was last sold on 28 Aug 2019 for £1,425,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5A, Buckles Way, Banstead within a radius of 810 metres over the last 2 years.
The most recent example is 7, Tudor Close, Banstead, SM7 1HQ, a Freehold house which sold for £1,290,000 in Nov 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Buckles Way, Banstead, SM7 has a total of 43 addresses. According to our analysis of all the public data, 5A, Buckles Way, Banstead is the largest and the most expensive property on the street.
When compared to the postcode district it is £615k more expensive than the average property in SM7.
The closest station to 5A, Buckles Way, 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 5A, Buckles Way, Banstead, 63.2% of property is privately owned outright and 34.6% 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 5A, Buckles Way, Banstead, 18.5% of residents are recorded as possessing school level qualifications and 42.9% 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 5A, Buckles Way, 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 5A, Buckles Way, Banstead, 1.6% 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 5A, Buckles Way, Banstead, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.