8 Magnolia Drive, Banstead, SM7 1AW is a freehold semi-detached property built in 2007 onwards. The property offers approximately 2,099 square feet of living space. In this location, properties of similar size usually have six bedrooms.

The estimated current market value of the property is £956,429 , which equates to approximately £456 per square foot. It was last sold on 18 Dec 2020 for £845,000. Since then, the value has increased by £111,429, representing a 13.2% increase, or approximately 2.6% per year.

The current estimated value of £956,429 is:

  • 61.5% higher than the average property price on Magnolia Drive
  • 0.8% lower than the average in the SM7 1AW postcode area
  • and 39.9% higher than the average price for Banstead as a whole

At the most recent EPC inspection on 26 August 2020, the property was recorded as owner-occupied.

View sold house prices in SM7 1AW

Building approximate location

About Property

Type
Semi-Detached House
Built
2007 onwards
Interior Size
2099 sq ft
Tenure
Freehold
Price (estimate)
£956,429
Price Per sq ft (estimate)
£456
Bedroom Count (estimate)
6 bedrooms

EPC Summary

8 Magnolia Drive, Banstead, Reigate And Banstead, Surrey, SM7 1AW has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 26 Aug 2020.

This property uses a gas boiler with underfloor heating as its main heating source. It is connected to mains gas. Hot water is provided from main heating system. The windows are fully double glazed.

Heating Type
Boiler and underfloor heating, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM7 1AW

6 th / 11
Price Rank
1% lower than average
1 st / 8
Size Rank
14% bigger than average
6 th / 8
Price Per Sq FT Rank
13% lower than average

Compared to other properties in SM7 1AW , this house's estimated value ranks 6th out of 11. Based on price per square foot, it ranks 6th out of 8 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 8 properties in its postcode area.

Sale History

Today
£956,429
streetscan.co.uk estimate
+13 %
18 Dec 2020
£845,000
Leasehold
+44.2 %
30 Jun 2008
£586,000
Leasehold

Area Insights

Nearby Properties

4 Magnolia Drive, Banstead, SM7 1AW
rooms: 7
size: 1538 sq ft
sale price: £461,000
sale date: 15 Jul 2009
3 Magnolia Drive, Banstead, SM7 1AW
rooms: 7
size: 1551 sq ft
sale price: £460,500
sale date: 10 Jul 2009
2 Magnolia Drive, Banstead, SM7 1AW
rooms: 6
size: 1948 sq ft
sale price: £785,000
sale date: 4 Aug 2021
1D Magnolia Drive, Banstead, SM7 1AW
rooms:
size: 1884 sq ft
sale price: £600,000
sale date: 26 Apr 2014
1C Magnolia Drive, Banstead, SM7 1AW
rooms: 6
size: 1787 sq ft
sale price: £520,000
sale date: 18 Oct 2013

Data Sources

The property at 8 Magnolia Drive, Banstead, SM7 1AW appears two times in the Land Registry records, with the latest transaction recorded on 18 Dec 2020. It also has a single Energy Performance Certificate (EPC) from 26 Aug 2020. 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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