Flat 46, Well House Woodmansterne Lane, Banstead, SM7 3AB is a leasehold flat built between 1967-1975. The property offers approximately 861 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £321,221 , which equates to approximately £373 per square foot. It was last sold on 12 Jul 2019 for £290,000. Since then, the value has increased by £31,221, representing a 10.8% increase, or approximately 1.7% per year.

The current estimated value of £321,221 is:

  • 54.9% lower than the average property price on Woodmansterne Lane
  • 7.9% lower than the average in the SM7 3AB postcode area
  • and 53.0% lower than the average price for Banstead as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). 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 29 January 2024, the property was recorded as owner-occupied.

View sold house prices in SM7 3AB

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
861 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£321,221
Price Per sq ft (estimate)
£373
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 46, 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 29 Jan 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 1 Aug 2018, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 20.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from warm air, mains gas to boiler and radiators, mains gas, with no change in energy efficiency (good).
  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 300 mm loft insulation to pitched, 100 mm loft insulation, changing energy efficiency from very good to average.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to SM7 3AB

22 nd / 23
Price Rank
8% lower than average
11 th / 17
Size Rank
3% bigger than average
16 th / 17
Price Per Sq FT Rank
10% lower than average

Compared to other properties in SM7 3AB , this flat's estimated value ranks 22th out of 23. Based on price per square foot, it ranks 16th 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 11th out of 17 properties in its postcode area.

Sale History

Today
£321,221
streetscan.co.uk estimate
+11 %
12 Jul 2019
£290,000
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 46, Well House Woodmansterne Lane, Banstead, Reigate And Banstead, Surrey, SM7 3AB appears once in the Land Registry records, with the transaction recorded on 12 Jul 2019. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Jan 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.


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