40A High Street, Banstead, SM7 2LX is a freehold other property built between 1967-1975. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £540,148 , which equates to approximately £707 per square foot. It was last sold on 1 Mar 2016 for £475,200. Since then, the value has increased by £64,948, representing a 13.7% increase, or approximately 1.4% per year.

The current estimated value of £540,148 is:

  • 24.7% higher than the average property price on High Street
  • 21.0% higher than the average in the SM7 2LX postcode area
  • and 21.0% lower than the average price for Banstead as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 24 October 2022, the property was recorded as owner-occupied.

View sold house prices in SM7 2LX

Building approximate location

About Property

Type
Terraced Maisonette
Built
1967-1975
Interior Size
764 sq ft
Tenure
Freehold
Floor level
1st floor
Price (estimate)
£540,148
Price Per sq ft (estimate)
£707
Bedroom Count (estimate)
2 bedrooms

EPC Summary

40A High Street, Banstead, Reigate And Banstead, Surrey, SM7 2LX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 24 Oct 2022.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 19 Mar 2020, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 79.3%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • 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 average.
  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 150 mm loft insulation, changing energy efficiency from very good to good.
  • The windows were upgraded from some double glazing to single glazed.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM7 2LX

4 th / 16
Price Rank
21% higher than average
8 th / 10
Size Rank
27% smaller than average
3 rd / 10
Price Per Sq FT Rank
66% higher than average

Compared to other properties in SM7 2LX , this maisonette's estimated value ranks 4th out of 16. Based on price per square foot, it ranks 3rd out of 10 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 8th out of 10 properties in its postcode area.

Sale History

Today
£540,148
streetscan.co.uk estimate
+14 %
1 Mar 2016
£475,200
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 818 sq ft
sale price: £375,000
sale date: 31 Oct 2018
rooms: 3
size: 840 sq ft
sale price: £800,000
sale date: 24 Mar 2022
rooms: 3
size: 710 sq ft
sale price: £850,000
sale date: 18 Jan 2019

Data Sources

The property at 40A High Street, Banstead, Reigate And Banstead, Surrey, SM7 2LX appears once in the Land Registry records, with the transaction recorded on 1 Mar 2016. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 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.