Flat 2, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE is a leasehold flat built between 1930-1949. The property offers approximately 678 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £344,612 , which equates to approximately £508 per square foot. It was last sold on 1 May 2015 for £275,000. Since then, the value has increased by £69,612, representing a 25.3% increase, or approximately 2.4% per year.

The current estimated value of £344,612 is:

  • 13.6% lower than the average property price on Elizabeth Drive
  • 2.6% higher than the average in the SM7 2FE postcode area
  • and 49.2% 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 3 November 2014, the property was recorded as owner-occupied.

View sold house prices in SM7 2FE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
678 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£344,612
Price Per sq ft (estimate)
£508
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 2, Elizabeth House Elizabeth Drive, Banstead, Reigate And Banstead, Surrey, SM7 2FE has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 3 Nov 2014.

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

The previous EPC assessment was conducted on 10 Feb 2009, and the property received the same rating of B with an unchanged energy efficiency score of 81.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The wall energy efficiency changing from very good to good, with the construction or insulation remaining solid brick, with internal insulation.
  • The lighting was updated from no low energy lighting to low energy lighting in 11% of fixed outlets, with efficiency improving from very poor to poor.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Solid brick, with internal insulation
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 11% of fixed outlets
Poor

Compared to SM7 2FE

11 th / 40
Price Rank
3% higher than average
24 th / 33
Size Rank
6% smaller than average
6 th / 33
Price Per Sq FT Rank
9% higher than average

Compared to other properties in SM7 2FE , this flat's estimated value ranks 11th out of 40. Based on price per square foot, it ranks 6th out of 33 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 24th out of 33 properties in its postcode area.

Sale History

Today
£344,612
streetscan.co.uk estimate
+25 %
1 May 2015
£275,000
Leasehold
+19.6 %
29 Jan 2010
£230,000
Leasehold
-16.4 %
8 Jun 2007
£275,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 678 sq ft
sale price: £300,000
sale date: 12 May 2025
rooms: 3
size: 775 sq ft
sale price: £303,000
sale date: 28 Mar 2025
rooms: 3
size: 732 sq ft
sale price: £295,000
sale date: 31 Jul 2024
rooms: 3
size: 732 sq ft
sale price: £295,000
sale date: 1 Jul 2024
rooms: 4
size: 766 sq ft
sale price: £285,000
sale date: 1 Feb 2023

Data Sources

The property at Flat 2, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE appears three times in the Land Registry records, with the latest transaction recorded on 1 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 3 Nov 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.