According to the public record, Lane End, Banstead is a early-century house with 1,161 ft2 of internal area and sits on a 541 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Wilmot Way, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Lane End, Banstead has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2008.
We combine this information with public data 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 Lane End Banstead as £684,192 and the rental value as £2,876 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Lane End Banstead has increased by £11,560 (1.7%) and its rental value has increased by £159 per month (5.5%).
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 Lane End, Banstead is in very good condition we estimate a sale value of £718,402 and rental value of £3,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £636,299 and a rental value of £2,674 per month.
If you were able to purchase this property for the estimated value of £684,192, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,363 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, Lane End, Banstead sits on a plot of 541m2.
We have plot size data on 14 out of 29 other houses in the postcode and Lane End, Banstead sits on the 9th largest plot.
According to HM Land Registry, Lane End, Banstead was last sold on 25 Jul 1996 for £136,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Lane End, Banstead within a radius of 690 metres over the last 2 years.
The most recent example is 108, Wilmot Way, Banstead, SM7 2QD, a Freehold house which sold for £645,000 in Aug 2023.
Read more about house prices in SM7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmot Way, Banstead, SM7 has a total of 121 addresses. According to our analysis of all the public data, Lane End, Banstead is the 99th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in SM7.
Lane End, Banstead has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Nov 2008.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to Lane End, Banstead is Banstead station which is 800 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 Lane End, Banstead, 44.3% of property is privately owned outright and 44.3% 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 Lane End, Banstead, 20.5% of residents are recorded as possessing school level qualifications and 34.3% 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 Lane End, 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 Lane End, Banstead, 0.0% 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 Lane End, 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.