Flat 11, Palmerston House Basing Road, Banstead, SM7 2AH is a leasehold flat built between 1976-1982. The property offers approximately 635 square feet of living space and is situated on the 3rd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £259,753 , which equates to approximately £409 per square foot. It was last sold on 15 Nov 2000 for £95,000. Since then, the value has increased by £164,753, representing a 173.4% increase, or approximately 6.9% per year.

The current estimated value of £259,753 is:

  • 20.9% lower than the average property price on Basing Road
  • 11.5% lower than the average in the SM7 2AH postcode area
  • and 62.0% 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 25 June 2019, the property was recorded as owner-occupied.

View sold house prices in SM7 2AH

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
3rd floor
Price (estimate)
£259,753
Price Per sq ft (estimate)
£409
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 11, Palmerston House Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Jun 2019.

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 1 May 2009, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 4.2%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 75mm loft insulation to pitched, 100 mm loft insulation, with no change in energy efficiency (average).
  • The windows were upgraded from single glazed to fully double glazed.
  • The lighting was updated from no low energy lighting to low energy lighting in 29% of fixed outlets, with efficiency improving from very poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 29% of fixed outlets
Average

Compared to SM7 2AH

11 th / 13
Price Rank
12% lower than average
9 th / 12
Size Rank
1% smaller than average
10 th / 12
Price Per Sq FT Rank
10% lower than average

Compared to other properties in SM7 2AH , this flat's estimated value ranks 11th out of 13. Based on price per square foot, it ranks 10th out of 12 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 9th out of 12 properties in its postcode area.

Sale History

Today
£259,753
streetscan.co.uk estimate
+173 %
15 Nov 2000
£95,000
Leasehold
+61 %
24 Jun 1997
£59,000
Leasehold
+9.3 %
6 Jul 1995
£54,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 678 sq ft
sale price: £280,000
sale date: 25 Jul 2024
rooms: 3
size: 635 sq ft
sale price: £315,000
sale date: 17 May 2024
rooms: 3
size: 678 sq ft
sale price: £320,000
sale date: 24 Feb 2023
rooms: 3
size: 600 sq ft
sale price: £308,000
sale date: 25 Oct 2019
rooms: 3
size: 635 sq ft
sale price: £310,000
sale date: 16 Aug 2019

Data Sources

The property at Flat 11, Palmerston House Basing Road, Banstead, SM7 2AH appears three times in the Land Registry records, with the latest transaction recorded on 15 Nov 2000. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jun 2019. 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.