MICHAEL EVERETT AND COMPANY (BANSTEAD) LIMITED says ..

Property Oracle says ..

The property is a 2-bedroom house with 1 bathroom, situated in Banstead Village, Surrey. The list price is £420,000, and the property has a total area of 720 sqft and a plot size of 836 sqft. The location in Banstead Village is a positive factor. The proximity to schools like St Anne’s Catholic Primary School (0.27km) and Banstead Community Junior School (0.86km), both rated ‘Good’ by Ofsted, is appealing to families. The relatively close proximity to Banstead train station (1.77km) provides convenient access to commuting routes. Based on the provided photos, the property appears to be in reasonably good condition, although some updating may be desirable to enhance its modern appeal. The interior shows a consistent style, though some aspects may be considered dated by modern standards. The kitchen and bathroom, in particular, could benefit from a refresh. The garden, while visible in the photos, appears relatively small compared to the average property in the area. Considering the average price per sqft in the area (£562) and the property’s size (720 sqft), a rough estimate of the expected value would be around £404,640. The listed price of £420,000 is slightly higher than this estimate. However, the lower average price and sqft of nearby properties suggest that the property’s price is in line with the market value for similar properties in the immediate area, especially given its location and condition. The fact that nearby properties on the same street have sold for significantly less may indicate a need for a more detailed comparative market analysis to fully determine the pricing accuracy.

Therefore, we give this property 7 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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