Flat 3, Macmillan House Basing Road, Banstead, SM7 2AQ is a leasehold flat built between 1983-1990. The property offers approximately 635 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £249,150 , which equates to approximately £392 per square foot. It was last sold on 25 Jan 2008 for £178,000. Since then, the value has increased by £71,150, representing a 40.0% increase, or approximately 2.2% per year.

The current estimated value of £249,150 is:

  • 24.1% lower than the average property price on Basing Road
  • 17.3% lower than the average in the SM7 2AQ postcode area
  • and 63.6% 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 16 September 2024, the property was recorded as owner-occupied.

View sold house prices in SM7 2AQ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
635 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£249,150
Price Per sq ft (estimate)
£392
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 3, Macmillan House Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AQ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 16 Sep 2024.

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 17 Aug 2011. The rating of C remains the same, but the energy efficiency score improved by 3.9%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 8% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
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 2AQ

10 th / 10
Price Rank
17% lower than average
6 th / 7
Size Rank
7% smaller than average
7 th / 7
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SM7 2AQ , this flat's estimated value ranks 10th out of 10. Based on price per square foot, it ranks 7th out of 7 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 6th out of 7 properties in its postcode area.

Sale History

Today
£249,150
streetscan.co.uk estimate
+40 %
25 Jan 2008
£178,000
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: 700 sq ft
sale price: £310,000
sale date: 5 Jul 2019
rooms: 3
size: 635 sq ft
sale price: £227,500
sale date: 10 Feb 2015
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 3, Macmillan House Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AQ appears once in the Land Registry records, with the transaction recorded on 25 Jan 2008. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Sep 2024. 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.