2 Lakers Rise, Banstead, SM7 3JY is a freehold terraced property built between 1967-1975. The property offers approximately 1,119 square feet of living space. In this location, properties of similar size usually have four bedrooms.

The estimated current market value of the property is £511,136 , which equates to approximately £457 per square foot. It was last sold on 19 Dec 2011 for £275,000. Since then, the value has increased by £236,136, representing a 85.9% increase, or approximately 6.1% per year.

The current estimated value of £511,136 is:

  • 11.7% higher than the average property price on Lakers Rise
  • 22.4% higher than the average in the SM7 3JY postcode area
  • and 24.6% lower 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 7 March 2014, the property was recorded as owner-occupied.

View sold house prices in SM7 3JY

Building approximate location

About Property

Type
Terraced House
Built
1967-1975
Interior Size
1119 sq ft
Tenure
Freehold
Price (estimate)
£511,136
Price Per sq ft (estimate)
£457
Bedroom Count (estimate)
4 bedrooms

EPC Summary

2 Lakers Rise, Banstead, Reigate And Banstead, Surrey, SM7 3JY has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 7 Mar 2014.

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 main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 9 Aug 2011. The rating of D is unchanged, though the energy efficiency score decreased by 8.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, limited insulation (assumed), changing energy efficiency from average to very poor.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 5% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to SM7 3JY

2 nd / 38
Price Rank
22% higher than average
1 st / 28
Size Rank
26% bigger than average
24 th / 28
Price Per Sq FT Rank
3% lower than average

Compared to other properties in SM7 3JY , this house's estimated value ranks 2nd out of 38. Based on price per square foot, it ranks 24th out of 28 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 28 properties in its postcode area.

Sale History

Today
£511,136
streetscan.co.uk estimate
+86 %
19 Dec 2011
£275,000
Leasehold
+54.9 %
27 Sep 2002
£177,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1033 sq ft
sale price: £485,000
sale date: 21 Nov 2023
rooms: 6
size: 980 sq ft
sale price: £343,500
sale date: 16 Jun 2017
rooms: 4
size: 1099 sq ft
sale price: £370,000
sale date: 31 May 2016
rooms: 6
size: 1281 sq ft
sale price: £470,000
sale date: 30 Jan 2024
rooms: 5
size: 1173 sq ft
sale price: £335,000
sale date: 29 Oct 2015

Data Sources

The property at 2 Lakers Rise, Banstead, SM7 3JY appears two times in the Land Registry records, with the latest transaction recorded on 19 Dec 2011. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Mar 2014. 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.