Flat 39, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE is a leasehold flat built between 2007-2011. The property offers approximately 506 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 £276,629 , which equates to approximately £547 per square foot. It was last sold on 15 Jan 2024 for £267,500. Since then, the value has increased by £9,129, representing a 3.4% increase, or approximately 1.8% per year.

The current estimated value of £276,629 is:

  • 30.7% lower than the average property price on Elizabeth Drive
  • 17.6% lower than the average in the SM7 2FE postcode area
  • and 59.2% 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 12 April 2023, the property was recorded as owner-occupied.

View sold house prices in SM7 2FE

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
506 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£276,629
Price Per sq ft (estimate)
£547
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 39, 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 12 Apr 2023.

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 14 Oct 2010, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 17.5%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system was changed from electric immersion, standard tariff to electric immersion, off-peak, with its energy efficiency improving from very poor to average.
  • The roof construction or insulation changed from (another dwelling above) to pitched, 150 mm loft insulation, improving energy efficiency from n/a to good.
  • The wall construction or insulation changed from solid brick, with internal insulation to cavity wall, as built, insulated (assumed), improving energy efficiency from good to very good.
  • 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
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM7 2FE

38 th / 40
Price Rank
18% lower than average
29 th / 33
Size Rank
30% smaller than average
11 th / 33
Price Per Sq FT Rank
17% higher than average

Compared to other properties in SM7 2FE , this flat's estimated value ranks 38th out of 40. Based on price per square foot, it ranks 11th 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 29th out of 33 properties in its postcode area.

Sale History

Today
£276,629
streetscan.co.uk estimate
+3 %
15 Jan 2024
£267,500
Leasehold
+3.9 %
18 Dec 2017
£257,500
Leasehold
+43.1 %
28 Oct 2011
£179,950
Leasehold
-10 %
19 Jul 2007
£199,950
Leasehold

Area Insights

Similar Properties Sold Nearby

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: 484 sq ft
sale price: £187,000
sale date: 29 Jan 2014
rooms: 2
size: 474 sq ft
sale price: £189,500
sale date: 15 Jun 2007

Data Sources

The property at Flat 39, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE appears four times in the Land Registry records, with the latest transaction recorded on 15 Jan 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Apr 2023. 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.