According to the public record, 1B, Mint Road, Banstead is a modern freehold house with 871 ft2 of internal area and sits on a 156 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Mint Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
1B, Mint Road, Banstead has 31 entries in the Land Registry database, most recently in October 2017 and a single entry in the EPC database dated May 2017.
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 1B Mint Road Banstead as £530,758 and the rental value as £2,499 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 1B Mint Road Banstead has increased by £16,023 (3.0%) and its rental value has increased by £159 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 1B, Mint Road, Banstead is in very good condition we estimate a sale value of £557,296 and rental value of £2,624 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £493,605 and a rental value of £2,324 per month.
If you were able to purchase this property for the estimated value of £530,758, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,609 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, 1B, Mint Road, Banstead sits on a plot of 156m2.
We have plot size data on 12 out of 13 other houses in the postcode and 1B, Mint Road, Banstead sits on the 2nd largest plot.
According to HM Land Registry, 1B, Mint Road, Banstead was last sold on 25 Oct 2017 for £477,500 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Oct 2017, the market for similar properties has risen 18.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Mint Road, Banstead within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 14, Beckenshaw Gardens, Banstead, SM7 3NB, a Freehold house which sold for £410,000 in May 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mint Road, Banstead, SM7 has a total of 16 addresses. According to our analysis of all the public data, 1B, Mint Road, Banstead is the 7th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in SM7.
1B, Mint Road, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 May 2017.
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 1B, Mint Road, Banstead is Chipstead station which is 1.8 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 1B, Mint Road, Banstead, 55.6% of property is privately owned outright and 24.1% 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 1B, Mint Road, Banstead, 9.6% of residents are recorded as possessing school level qualifications and 30.3% 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 1B, Mint Road, Banstead, the average age was 41.6 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 1B, Mint Road, Banstead, 3.1% 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 1B, Mint Road, 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.