Flat 38, Well House Woodmansterne Lane, Banstead, SM7 3AB is a leasehold flat built between 1950-1966. The property offers approximately 872 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £327,637 , which equates to approximately £376 per square foot. It was last sold on 26 Jul 2002 for £152,000. Since then, the value has increased by £175,637, representing a 115.6% increase, or approximately 4.9% per year.

The current estimated value of £327,637 is:

  • 54.0% lower than the average property price on Woodmansterne Lane
  • 6.1% lower than the average in the SM7 3AB postcode area
  • and 52.1% lower than the average price for Banstead as a whole

At the most recent EPC inspection on 24 June 2024, the property was recorded as rented.

View sold house prices in SM7 3AB

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
872 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£327,637
Price Per sq ft (estimate)
£376
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 38, Well House Woodmansterne Lane, Banstead, Reigate And Banstead, Surrey, SM7 3AB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 24 Jun 2024.

This property has a heating system that uses warm air distribution, powered by mains gas. Hot water is provided from the main heating system, though the cylinder has no thermostat. The windows are mostly double glazed.

The previous EPC assessment was conducted on 8 May 2014, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 16.7%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from electric immersion, standard tariff to from main system, no cylinder thermostat, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from pitched, 12 mm loft insulation to pitched, 75 mm loft insulation, improving energy efficiency from very poor to average.
  • The windows were upgraded from fully double glazed to mostly double glazing.
Heating Type
Warm air, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Mostly double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM7 3AB

21 st / 23
Price Rank
6% lower than average
6 th / 17
Size Rank
4% bigger than average
15 th / 17
Price Per Sq FT Rank
10% lower than average

Compared to other properties in SM7 3AB , this flat's estimated value ranks 21th out of 23. Based on price per square foot, it ranks 15th out of 17 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 17 properties in its postcode area.

Sale History

Today
£327,637
streetscan.co.uk estimate
+116 %
26 Jul 2002
£152,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 850 sq ft
sale price: £360,000
sale date: 16 Dec 2024
rooms: 3
size: 893 sq ft
sale price: £405,000
sale date: 4 Aug 2023
rooms: 3
size: 926 sq ft
sale price: £375,000
sale date: 22 Dec 2021
rooms: 3
size: 861 sq ft
sale price: £340,000
sale date: 15 Jun 2021
rooms: 4
size: 797 sq ft
sale price: £352,500
sale date: 11 Mar 2021

Data Sources

The property at Flat 38, Well House Woodmansterne Lane, Banstead, Reigate And Banstead, Surrey, SM7 3AB appears once in the Land Registry records, with the transaction recorded on 26 Jul 2002. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Jun 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.