38 Lakers Rise, Banstead, SM7 3JY is a freehold terraced property built between 1967-1975. The property offers approximately 915 square feet of living space. In this location, properties of similar size usually have three bedrooms.

The estimated current market value of the property is £445,923 , which equates to approximately £487 per square foot. It was last sold on 14 Aug 2014 for £300,000. Since then, the value has increased by £145,923, representing a 48.6% increase, or approximately 4.3% per year.

The current estimated value of £445,923 is:

  • 2.5% lower than the average property price on Lakers Rise
  • 6.8% higher than the average in the SM7 3JY postcode area
  • and 34.3% 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 20 February 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
915 sq ft
Tenure
Freehold
Price (estimate)
£445,923
Price Per sq ft (estimate)
£487
Bedroom Count (estimate)
3 bedrooms

EPC Summary

38 Lakers Rise, Banstead, Reigate And Banstead, Surrey, SM7 3JY has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Feb 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 25 Jun 2010. The rating of C remains the same, but the energy efficiency score improved by 2.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from average to very good.
  • The roof construction or insulation changed from pitched, 250 mm loft insulation to pitched, 150 mm loft insulation, with no change in energy efficiency (good).
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to timber frame, as built, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 70% of fixed outlets to low energy lighting in 50% of fixed outlets, with efficiency changing from very good to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Very Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Timber frame, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SM7 3JY

26 th / 38
Price Rank
7% higher than average
13 th / 28
Size Rank
3% bigger than average
19 th / 28
Price Per Sq FT Rank
4% higher than average

Compared to other properties in SM7 3JY , this house's estimated value ranks 26th out of 38. Based on price per square foot, it ranks 19th 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 13th out of 28 properties in its postcode area.

Sale History

Today
£445,923
streetscan.co.uk estimate
+49 %
14 Aug 2014
£300,000
Leasehold
+24 %
24 Sep 2010
£242,000
Leasehold
+181.4 %
29 Apr 1998
£86,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 5
size: 1033 sq ft
sale price: £485,000
sale date: 21 Nov 2023
rooms: 4
size: 829 sq ft
sale price: £382,500
sale date: 28 Sep 2023
rooms: 4
size: 926 sq ft
sale price: £435,000
sale date: 16 Mar 2023
rooms: 5
size: 904 sq ft
sale price: £430,000
sale date: 9 Sep 2022
rooms: 5
size: 829 sq ft
sale price: £360,000
sale date: 30 Jun 2021

Data Sources

The property at 38 Lakers Rise, Banstead, SM7 3JY appears three times in the Land Registry records, with the latest transaction recorded on 14 Aug 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Feb 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.