2 Geralds Grove, Banstead, SM7 1NE is a freehold detached property built between 1983-1990. The property offers approximately 1,798 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £868,243 , which equates to approximately £483 per square foot. It was last sold on 19 Jul 2012 for £499,000. Since then, the value has increased by £369,243, representing a 74.0% increase, or approximately 5.5% per year.

The current estimated value of £868,243 is:

  • 7.6% higher than the average property price on Geralds Grove
  • 3.5% higher than the average in the SM7 1NE postcode area
  • and 27.0% higher than the average price for Banstead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 17 February 2022, the property was recorded as owner-occupied.

View sold house prices in SM7 1NE

Building approximate location

About Property

Type
Detached House
Built
1983-1990
Interior Size
1798 sq ft
Tenure
Freehold
Price (estimate)
£868,243
Price Per sq ft (estimate)
£483
Bedroom Count (estimate)
6 bedrooms

EPC Summary

2 Geralds Grove, Banstead, Reigate And Banstead, Surrey, SM7 1NE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 17 Feb 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from the main heating system, supplemented by a solar water heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Feb 2012, when the property was rated C. Since then, the rating has improved to B, with the energy efficiency score increasing by 28.2%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to from main system, plus solar, with its energy efficiency improving from good to very good.
  • The roof construction or insulation changed from pitched, 300+ mm loft insulation to pitched, 250 mm loft insulation, changing energy efficiency from very good to good.
  • The lighting was changed from low energy lighting in 77% of fixed outlets to low energy lighting in 86% of fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, plus solar
Very Good
Roof
Pitched, 250 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to SM7 1NE

7 th / 18
Price Rank
4% higher than average
1 st / 12
Size Rank
21% bigger than average
12 th / 12
Price Per Sq FT Rank
15% lower than average

Compared to other properties in SM7 1NE , this house's estimated value ranks 7th out of 18. Based on price per square foot, it ranks 12th out of 12 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 1st out of 12 properties in its postcode area.

Sale History

Today
£868,243
streetscan.co.uk estimate
+74 %
19 Jul 2012
£499,000
Leasehold
+21.4 %
7 May 2008
£411,000
Leasehold
+116.4 %
22 Apr 1998
£189,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 7
size: 1679 sq ft
sale price: £474,000
sale date: 14 May 2010
rooms: 8
size: 1679 sq ft
sale price: £288,000
sale date: 27 Oct 1999

Data Sources

The property at 2 Geralds Grove, Banstead, SM7 1NE appears three times in the Land Registry records, with the latest transaction recorded on 19 Jul 2012. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 17 Feb 2022. 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.