1 Lancaster Court, Banstead, SM7 1RR is a leasehold flat built between 1950-1966. The property offers approximately 560 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £270,814 , which equates to approximately £484 per square foot. It was last sold on 4 Aug 1995 for £54,000. Since then, the value has increased by £216,814, representing a 401.5% increase, or approximately 13.2% per year.

The current estimated value of £270,814 is:

  • 4.3% lower than the average property price on Lancaster Court
  • 2.1% lower than the average in the SM7 1RR postcode area
  • and 60.4% lower than the average price for Banstead as a whole

View sold house prices in SM7 1RR

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
560 sq ft
Tenure
Leasehold
Price (estimate)
£270,814
Price Per sq ft (estimate)
£484
Bedroom Count (estimate)
1 bedroom

EPC Summary

1 Lancaster Court, Banstead, Reigate And Banstead, Surrey, SM7 1RR has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Apr 2016.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 20 May 2009, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 94.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, improving energy efficiency from poor to average.
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SM7 1RR

10 th / 28
Price Rank
2% lower than average
24 th / 24
Size Rank
12% smaller than average
2 nd / 24
Price Per Sq FT Rank
11% higher than average

Compared to other properties in SM7 1RR , this flat's estimated value ranks 10th out of 28. Based on price per square foot, it ranks 2nd out of 24 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 24th out of 24 properties in its postcode area.

Sale History

Today
£270,814
streetscan.co.uk estimate
+402 %
4 Aug 1995
£54,000
Leasehold
-10 %
5 May 1995
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

23 Lancaster Court, Banstead, SM7 1RR
rooms: 4
size: 603 sq ft
sale price: £305,000
sale date: 2 Dec 2022
24 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 614 sq ft
sale price: £275,000
sale date: 17 Dec 2021
21 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 624 sq ft
sale price: £265,000
sale date: 7 Apr 2020
12 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 632 sq ft
sale price: £280,000
sale date: 3 Feb 2017
25 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 603 sq ft
sale price: £205,000
sale date: 7 Apr 2014

Data Sources

The property at 1 Lancaster Court, Banstead, SM7 1RR appears two times in the Land Registry records, with the latest transaction recorded on 4 Aug 1995. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Apr 2016. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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