16 Lancaster Court, Banstead, SM7 1RR is a leasehold flat built between 1950-1966. The property offers approximately 700 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £270,356 , which equates to approximately £386 per square foot. It was last sold on 10 Dec 2010 for £175,000. Since then, the value has increased by £95,356, representing a 54.5% increase, or approximately 3.6% per year.

The current estimated value of £270,356 is:

  • 4.4% lower than the average property price on Lancaster Court
  • 2.3% lower than the average in the SM7 1RR postcode area
  • and 60.5% lower than the average price for Banstead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 21 September 2023, the property was recorded as rented.

View sold house prices in SM7 1RR

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
700 sq ft
Tenure
Leasehold
Price (estimate)
£270,356
Price Per sq ft (estimate)
£386
Bedroom Count (estimate)
2 bedrooms

EPC Summary

16 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 21 Sep 2023.

This property uses electric storage 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 28 Jul 2010, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 40%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to SM7 1RR

14 th / 28
Price Rank
2% lower than average
3 rd / 24
Size Rank
10% bigger than average
20 th / 24
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SM7 1RR , this flat's estimated value ranks 14th out of 28. Based on price per square foot, it ranks 20th out of 24 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 3rd out of 24 properties in its postcode area.

Sale History

Today
£270,356
streetscan.co.uk estimate
+54 %
10 Dec 2010
£175,000
Leasehold
+89.2 %
31 Jan 2000
£92,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 689 sq ft
sale price: £315,300
sale date: 8 Dec 2023
rooms: 4
size: 603 sq ft
sale price: £305,000
sale date: 2 Dec 2022
rooms: 3
size: 710 sq ft
sale price: £305,000
sale date: 19 Aug 2022
rooms: 3
size: 678 sq ft
sale price: £301,000
sale date: 26 May 2022
rooms: 3
size: 614 sq ft
sale price: £275,000
sale date: 17 Dec 2021

Data Sources

The property at 16 Lancaster Court, Banstead, SM7 1RR appears two times in the Land Registry records, with the latest transaction recorded on 10 Dec 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Sep 2023. 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.