Larchwood Close, Banstead, SM7
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Larchwood Close, Banstead, SM7

By Sacha Scott

£ 825,000

Reviews

3 out of 5 stars

Sacha Scott says ..

No Onward Chain - Detatched 3 Bed Family Home - Potential to Extend STPP - Sought After Location - Good School CatchmentLocated on a popular cul-de-sac in the heart of Nork Village, this fabulous 3 bed detached property has been a much loved family home for over 5 decades.Offering a large through...

Property Oracle says ..

The property is located in Larchwood Close, Banstead, a sought-after location in the Nork area of Surrey. The area benefits from good schools, including The Beacon School (0.91km) which has a ‘Good’ Ofsted rating. Banstead station (1.04km) provides convenient access to London and surrounding areas. The presence of several other well-regarded schools within a reasonable distance further enhances the desirability of the location. The garden is a significant feature, providing outdoor space.

Based on the provided photographs, the property appears to be in generally good condition, though some aspects suggest it could benefit from modernisation. The interior decor and fixtures are dated, which may appeal to some buyers but could deter others. The kitchen and bathroom, in particular, show their age and could be updated to increase the property’s overall appeal and value. However, the structural integrity of the house seems sound.

The property has a garden, as shown in the photos, which adds to its appeal and value, especially in a desirable area like Nork. The size of the garden appears to be reasonably substantial for a property of this type.

Considering the property’s location in a desirable area with good schools and transport links, the presence of a garden, and the average price per sqft in the area (392.00), the list price of £825,000 seems to be in line with or slightly above the market value. While the property requires modernisation, this is reflected in the price. However, similar properties in the area have sold for higher prices, suggesting potential for a higher sale price if renovated. The need for modernisation could be a factor in the pricing strategy, potentially allowing for a buyer to add value through renovations.

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

Price
7
Condition
7
Location
9
Land
8
Bedrooms
3
Bathrooms
1
Sqft (est)
1,414.59

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
899,286.00 £
Increased by 12.96 %
from 796,121.00 £
Est sale value
1,038,309.06 £
Increased by 53.56 %
from 676,174.02 £
Average area rental value
1,988.00 £/mo
Decreased by 21.48 %
from 2,532.00 £/mo
Est letting value
1,414.59 £/mo
Unchanged by 0.00 %
from 1,414.59 £/mo
Est rental Yield
2.65 %
Decreased by 30.63 %
from 3.82 %
Crime Rate
1.00 %
Unchanged by 0.00 %
from 1.00 %

Agent Activity

  • Sacha Scott created the listing.

Nearby Schools

NameTypeOfstedDistance
The Beacon SchoolAcademy ConverterGood0.91 KM
Warren Mead Junior SchoolAcademy ConverterGood0.99 KM
Warren Mead Infant SchoolAcademy Converter1.02 KM
Banstead Infant SchoolAcademy ConverterGood1.06 KM
Banstead Community Junior SchoolCommunity SchoolGood1.28 KM

Images

Living Room Rear Garden Living Room Living Room Sitting Room Sitting Room Kitchen / Breakfast Room Primary Bedroom Bedroom 3 Bedroom 3 Family Bathroom Family Bathroom WC Landing area Landing Area Landing Area Downstairs WC Entrance Hall Entrance Hall Sitting Room Dining Room Dining Room Kitchen / Breakfast Room Kitchen / Breakfast Room Primary Bedroom Bedroom 2 Bedroom 2 Entrance Hall Rear Garden Rear Garden Rear Image Front Image Front Image Dining Room Front Image

Nearby Streets

NameAverage PriceAverage SqftDistance
Brambling Close £ 000.00 KM
Chaucer Close £ 000.00 KM
Birch Close £ 625,00000.00 KM
Acacia Drive £ 625,00000.00 KM
The Gables £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Banstead5348BAD1.04 KM
Epsom Downs5361EPD2.19 KM
Tattenham Corner5387TAT2.96 KM
Kingswood5366KND3.19 KM
Belmont5350BLM3.29 KM

Nearby Listings

AddressPriceTypeScoreDistance
Larchwood Close, Banstead, SM7 £ 825,000BUY7 / 100.00 KM
Acorn Close, Banstead £ 900,000BUY7 / 100.14 KM
Nork Way, Banstead, SM7 £ 1,050,000BUYUnknown0.20 KM
Buckles Way, Banstead £ 1,050,000BUYUnknown0.22 KM
Nork Way, Banstead, Surrey, SM7 £ 900,000BUY5 / 100.26 KM

Nearby Properties

AddressPriceDistance
10 Larchwood Close £ 890,0000.10 KM
2 Larchwood Close £ 560,0000.10 KM
11 Larchwood Close £ 647,5000.10 KM
4 Larchwood Close £ 600,0000.10 KM
28 Larchwood Close £ 800,0000.10 KM