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 %
- Est sale value
- 1,038,309.06 £Increased by 53.56 %
- Average area rental value
- 1,988.00 £/moDecreased by 21.48 %
- Est letting value
- 1,414.59 £/moUnchanged by 0.00 %
- Est rental Yield
- 2.65 %Decreased by 30.63 %
- Crime Rate
- 1.00 %Unchanged by 0.00 %
Agent Activity
Sacha Scott created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| The Beacon School | Academy Converter | Good | 0.91 KM |
| Warren Mead Junior School | Academy Converter | Good | 0.99 KM |
| Warren Mead Infant School | Academy Converter | 1.02 KM | |
| Banstead Infant School | Academy Converter | Good | 1.06 KM |
| Banstead Community Junior School | Community School | Good | 1.28 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Brambling Close | £ 0 | 0 | 0.00 KM |
| Chaucer Close | £ 0 | 0 | 0.00 KM |
| Birch Close | £ 625,000 | 0 | 0.00 KM |
| Acacia Drive | £ 625,000 | 0 | 0.00 KM |
| The Gables | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Banstead | 5348 | BAD | 1.04 KM |
| Epsom Downs | 5361 | EPD | 2.19 KM |
| Tattenham Corner | 5387 | TAT | 2.96 KM |
| Kingswood | 5366 | KND | 3.19 KM |
| Belmont | 5350 | BLM | 3.29 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Larchwood Close, Banstead, SM7 | £ 825,000 | BUY | 7 / 10 | 0.00 KM |
| Acorn Close, Banstead | £ 900,000 | BUY | 7 / 10 | 0.14 KM |
| Nork Way, Banstead, SM7 | £ 1,050,000 | BUY | Unknown | 0.20 KM |
| Buckles Way, Banstead | £ 1,050,000 | BUY | Unknown | 0.22 KM |
| Nork Way, Banstead, Surrey, SM7 | £ 900,000 | BUY | 5 / 10 | 0.26 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 10 Larchwood Close | £ 890,000 | 0.10 KM |
| 2 Larchwood Close | £ 560,000 | 0.10 KM |
| 11 Larchwood Close | £ 647,500 | 0.10 KM |
| 4 Larchwood Close | £ 600,000 | 0.10 KM |
| 28 Larchwood Close | £ 800,000 | 0.10 KM |