56 Higher Drive

    56, HIGHER DRIVE, BANSTEAD, SM7 1PQ

    This detached freehold property on Higher Drive last sold in November 2023 for £1,300,000. Based on price growth in the SM7 district since then, its estimated current value is £1,260,989 — placing it in the 97th percentile nationally and the 94th percentile within SM7. The property covers 236 m² (2,540 sq ft), giving an estimated value of £5,343 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,540 sq ft

    236 m²

    Last Sale Price

    £1,300,000

    Nov 2023

    Estimated Valuation

    £1,260,989

    Est. £/sq ft

    £496/sq ft

    £5,343/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area2,540 sq ft (236 m²)
    EPC dateAug 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    10 Nov 2023

    £1,300,000

    Key Metrics

    Estimated valuation£1,260,989
    Value per sq ft / m²£496/sq ft (£5,343/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    SM7 district percentile94th percentile
    National percentile97th percentile

    District Context — SM7

    SM7 covers Sutton and Cheam in south London, situated in the borough of Sutton south of the capital. The area blends suburban character with good transport links, attracting families and established homeowners seeking space outside central London.

    Average Property Price - SM7

    £653,048

    92

    National percentile

    Average Net Household Income - SM7

    £50,913

    90

    National percentile

    10-Year Annualised Price Growth - SM7

    2.8%

    24

    National percentile

    10-Year Annualised Rent Growth - SM

    3.6%

    39

    National percentile

    View full analysis for SM7

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