Flat 11, Macmillan House Basing Road, Banstead, SM7 2AQ is a leasehold flat built between 1967-1975. The property offers approximately 700 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £343,374 , which equates to approximately £491 per square foot. It was last sold on 5 Jul 2019 for £310,000. Since then, the value has increased by £33,374, representing a 10.8% increase, or approximately 1.7% per year.

The current estimated value of £343,374 is:

  • 4.6% higher than the average property price on Basing Road
  • 13.9% higher than the average in the SM7 2AQ postcode area
  • and 49.8% 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 18 January 2018, the property was recorded as owner-occupied.

View sold house prices in SM7 2AQ

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£343,374
Price Per sq ft (estimate)
£491
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 11, Macmillan House Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AQ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 18 Jan 2018.

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 4 Sep 2012, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 5.6%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 75 mm loft insulation, with no change in energy efficiency (average).
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was changed from low energy lighting in 46% of fixed outlets to low energy lighting in 50% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to SM7 2AQ

3 rd / 10
Price Rank
14% higher than average
3 rd / 7
Size Rank
2% bigger than average
4 th / 7
Price Per Sq FT Rank
11% higher than average

Compared to other properties in SM7 2AQ , this flat's estimated value ranks 3rd out of 10. Based on price per square foot, it ranks 4th out of 7 properties. In terms of size, this home ranks 3rd out of 7 properties in its postcode area.

Sale History

Today
£343,374
streetscan.co.uk estimate
+11 %
5 Jul 2019
£310,000
Leasehold
+19.2 %
1 Sep 2017
£260,000
Leasehold
+38.3 %
7 Dec 2012
£188,000
Leasehold
+10.6 %
31 Mar 2004
£169,950
Leasehold
+30.8 %
5 Oct 2001
£129,950
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 710 sq ft
sale price: £325,000
sale date: 1 Feb 2023
rooms: 3
size: 635 sq ft
sale price: £227,500
sale date: 10 Feb 2015
rooms: 3
size: 635 sq ft
sale price: £178,000
sale date: 25 Jan 2008
rooms: 3
size: 657 sq ft
sale price: £187,000
sale date: 20 Sep 2007
rooms: 3
size: 614 sq ft
sale price: £169,000
sale date: 1 Mar 2004

Data Sources

The property at Flat 11, Macmillan House Basing Road, Banstead, SM7 2AQ appears five times in the Land Registry records, with the latest transaction recorded on 5 Jul 2019. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Jan 2018. 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.