Flat 2, Rendel House Elizabeth Drive, Banstead, SM7 2FA is a leasehold flat built between 2003-2006. The property offers approximately 861 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £357,508 , which equates to approximately £415 per square foot. It was last sold on 14 Apr 2023 for £350,000. Since then, the value has increased by £7,508, representing a 2.1% increase, or approximately 0.8% per year.

The current estimated value of £357,508 is:

  • 10.4% lower than the average property price on Elizabeth Drive
  • 8.8% lower than the average in the SM7 2FA postcode area
  • and 47.3% 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 9 August 2022, the property was recorded as owner-occupied.

View sold house prices in SM7 2FA

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£357,508
Price Per sq ft (estimate)
£415
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 2, Rendel House Elizabeth Drive, Banstead, Reigate And Banstead, Surrey, SM7 2FA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 9 Aug 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 fully double glazed.

The previous EPC assessment was conducted on 6 Sep 2011. The rating of C remains the same, but the energy efficiency score improved by 8.3%.

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 lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
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 2FA

15 th / 42
Price Rank
9% lower than average
9 th / 34
Size Rank
14% bigger than average
20 th / 34
Price Per Sq FT Rank
20% lower than average

Compared to other properties in SM7 2FA , this flat's estimated value ranks 15th out of 42. Based on price per square foot, it ranks 20th out of 34 properties. In terms of size, this home ranks 9th out of 34 properties in its postcode area.

Sale History

Today
£357,508
streetscan.co.uk estimate
+2 %
14 Apr 2023
£350,000
Leasehold
+10.4 %
29 Jun 2006
£317,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 936 sq ft
sale price: £430,000
sale date: 15 Jul 2022
rooms: 3
size: 807 sq ft
sale price: £388,500
sale date: 22 Sep 2020
rooms: 3
size: 797 sq ft
sale price: £330,000
sale date: 6 Mar 2018
rooms: 3
size: 904 sq ft
sale price: £420,000
sale date: 15 Feb 2017
rooms: 3
size: 840 sq ft
sale price: £415,000
sale date: 25 Jan 2017

Data Sources

The property at Flat 2, Rendel House Elizabeth Drive, Banstead, SM7 2FA appears two times in the Land Registry records, with the latest transaction recorded on 14 Apr 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Aug 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.