Flat 4, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE is a leasehold flat built between 1930-1949. The property offers approximately 721 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £300,650 , which equates to approximately £417 per square foot. It was last sold on 30 Sep 2021 for £277,500. Since then, the value has increased by £23,150, representing a 8.3% increase, or approximately 2.0% per year.

The current estimated value of £300,650 is:

  • 24.6% lower than the average property price on Elizabeth Drive
  • 10.5% lower than the average in the SM7 2FE postcode area
  • and 55.7% lower than the average price for Banstead as a whole

At the most recent EPC inspection on 26 February 2021, the property was recorded as owner-occupied.

View sold house prices in SM7 2FE

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£300,650
Price Per sq ft (estimate)
£417
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, Elizabeth House Elizabeth Drive, Banstead, Reigate And Banstead, Surrey, SM7 2FE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 26 Feb 2021.

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 10 Feb 2010, when the property was rated C. The current rating of D reflects a decline in energy efficiency of 16.7%.

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 changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from solid brick, with internal insulation to cavity wall, as built, no insulation (assumed), changing energy efficiency from very good to poor.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 58% of fixed outlets, with efficiency improving from poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 58% of fixed outlets
Good

Compared to SM7 2FE

25 th / 40
Price Rank
10% lower than average
20 th / 33
Size Rank
0% same size than average
23 rd / 33
Price Per Sq FT Rank
11% lower than average

Compared to other properties in SM7 2FE , this flat's estimated value ranks 25th out of 40. Based on price per square foot, it ranks 23th out of 33 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 20th out of 33 properties in its postcode area.

Sale History

Today
£300,650
streetscan.co.uk estimate
+8 %
30 Sep 2021
£277,500
Leasehold
+11 %
19 Jun 2014
£250,000
Leasehold
0 %
12 Jun 2007
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 678 sq ft
sale price: £300,000
sale date: 12 May 2025
rooms: 3
size: 775 sq ft
sale price: £303,000
sale date: 28 Mar 2025
rooms: 3
size: 786 sq ft
sale price: £330,000
sale date: 17 Feb 2025
rooms: 3
size: 732 sq ft
sale price: £295,000
sale date: 31 Jul 2024
rooms: 3
size: 732 sq ft
sale price: £295,000
sale date: 1 Jul 2024

Data Sources

The property at Flat 4, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE appears three times in the Land Registry records, with the latest transaction recorded on 30 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Feb 2021. 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.