Flat 36, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE is a leasehold flat built between 2007-2011. The property offers approximately 484 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 £271,408 , which equates to approximately £560 per square foot. It was last sold on 29 Jan 2014 for £187,000. Since then, the value has increased by £84,408, representing a 45.1% increase, or approximately 3.8% per year.

The current estimated value of £271,408 is:

  • 32.0% lower than the average property price on Elizabeth Drive
  • 19.2% lower than the average in the SM7 2FE postcode area
  • and 60.0% lower than the average price for Banstead as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 10 November 2022, the property was recorded as rented.

View sold house prices in SM7 2FE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£271,408
Price Per sq ft (estimate)
£560
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 36, Elizabeth House Elizabeth Drive, Banstead, Reigate And Banstead, Surrey, SM7 2FE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 10 Nov 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 28 Jul 2010. The rating of C remains the same, but the energy efficiency score improved by 5.8%.

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 hot water energy efficiency improving from poor to average, while the system remained as electric immersion, off-peak.
  • The lighting was changed from low energy lighting in 87% of fixed outlets to low energy lighting in 85% of fixed outlets, with no change in efficiency (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 85% of fixed outlets
Very Good

Compared to SM7 2FE

39 th / 40
Price Rank
19% lower than average
31 st / 33
Size Rank
33% smaller than average
10 th / 33
Price Per Sq FT Rank
20% higher than average

Compared to other properties in SM7 2FE , this flat's estimated value ranks 39th out of 40. Based on price per square foot, it ranks 10th 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 31th out of 33 properties in its postcode area.

Sale History

Today
£271,408
streetscan.co.uk estimate
+45 %
29 Jan 2014
£187,000
Leasehold
+6.9 %
14 May 2012
£175,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £267,500
sale date: 15 Jan 2024
rooms: 3
size: 529 sq ft
sale price: £297,500
sale date: 26 Aug 2021
rooms: 3
size: 474 sq ft
sale price: £262,000
sale date: 18 Feb 2020
rooms: 3
size: 495 sq ft
sale price: £307,000
sale date: 28 Feb 2017
rooms: 2
size: 474 sq ft
sale price: £189,500
sale date: 15 Jun 2007

Data Sources

The property at Flat 36, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE appears two times in the Land Registry records, with the latest transaction recorded on 29 Jan 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 Nov 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.