24 Lancaster Court, Banstead, SM7 1RR is a leasehold flat built between 1967-1975. The property offers approximately 614 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £287,985 , which equates to approximately £469 per square foot. It was last sold on 17 Dec 2021 for £275,000. Since then, the value has increased by £12,985, representing a 4.7% increase, or approximately 1.2% per year.

The current estimated value of £287,985 is:

  • 1.8% higher than the average property price on Lancaster Court
  • 4.1% higher than the average in the SM7 1RR postcode area
  • and 57.9% lower than the average price for Banstead as a whole

At the most recent EPC inspection on 9 July 2021, the property was recorded as owner-occupied.

View sold house prices in SM7 1RR

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
614 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£287,985
Price Per sq ft (estimate)
£469
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 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 9 Jul 2021.

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 15 Jun 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 32%.

Since the previous assessment, several changes were observed:

  • The heating system changed from electric storage heaters to room heaters, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was changed from low energy lighting in 71% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM7 1RR

15 th / 28
Price Rank
4% higher than average
18 th / 24
Size Rank
4% smaller than average
10 th / 24
Price Per Sq FT Rank
8% higher than average

Compared to other properties in SM7 1RR , this flat's estimated value ranks 15th out of 28. Based on price per square foot, it ranks 10th out of 24 properties. In terms of size, this home ranks 18th out of 24 properties in its postcode area.

Sale History

Today
£287,985
streetscan.co.uk estimate
+5 %
17 Dec 2021
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

8 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 689 sq ft
sale price: £315,300
sale date: 8 Dec 2023
23 Lancaster Court, Banstead, SM7 1RR
rooms: 4
size: 603 sq ft
sale price: £305,000
sale date: 2 Dec 2022
26 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 678 sq ft
sale price: £301,000
sale date: 26 May 2022
19 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 657 sq ft
sale price: £237,500
sale date: 30 Oct 2020
21 Lancaster Court, Banstead, SM7 1RR
rooms: 3
size: 624 sq ft
sale price: £265,000
sale date: 7 Apr 2020

Data Sources

The property at 24 Lancaster Court, Banstead, Reigate And Banstead, Surrey, SM7 1RR appears once in the Land Registry records, with the transaction recorded on 17 Dec 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jul 2021. 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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