3 Lancaster Court, Banstead, SM7 1RR is a leasehold flat built between 1950-1966. The property offers approximately 679 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £187,263 , which equates to approximately £276 per square foot. It was last sold on 29 Jun 2016 for £170,000. Since then, the value has increased by £17,263, representing a 10.2% increase, or approximately 1.1% per year.

The current estimated value of £187,263 is:

  • 33.8% lower than the average property price on Lancaster Court
  • 32.3% lower than the average in the SM7 1RR postcode area
  • and 72.6% lower than the average price for Banstead as a whole

At the most recent EPC inspection on 21 July 2011, the property was recorded as owner-occupied.

View sold house prices in SM7 1RR

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
679 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£187,263
Price Per sq ft (estimate)
£276
Bedroom Count (estimate)
2 bedrooms

EPC Summary

3 Lancaster Court, Banstead, Reigate And Banstead, Surrey, SM7 1RR has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 21 Jul 2011.

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.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to SM7 1RR

20 th / 28
Price Rank
32% lower than average
6 th / 24
Size Rank
7% bigger than average
22 nd / 24
Price Per Sq FT Rank
36% lower than average

Compared to other properties in SM7 1RR , this flat's estimated value ranks 20th out of 28. Based on price per square foot, it ranks 22th 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 6th out of 24 properties in its postcode area.

Sale History

Today
£187,263
streetscan.co.uk estimate
+10 %
29 Jun 2016
£170,000
Leasehold
-1.7 %
25 Nov 2011
£173,000
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 3 Lancaster Court, Banstead, SM7 1RR appears two times in the Land Registry records, with the latest transaction recorded on 29 Jun 2016. It also has a single Energy Performance Certificate (EPC) from 21 Jul 2011. 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.