Flat 5, Birchwood House, 11 Magnolia Drive, Banstead, SM7 1BJ is a leasehold flat built between 2003-2006. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £313,049 , which equates to approximately £454 per square foot. It was last sold on 24 Oct 2014 for £250,000. Since then, the value has increased by £63,049, representing a 25.2% increase, or approximately 2.3% per year.

The current estimated value of £313,049 is:

  • 47.2% lower than the average property price on Magnolia Drive
  • 7.4% lower than the average in the SM7 1BJ postcode area
  • and 54.2% lower than the average price for Banstead as a whole

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

At the most recent EPC inspection on 26 October 2022, the property was recorded as owner-occupied.

View sold house prices in SM7 1BJ

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£313,049
Price Per sq ft (estimate)
£454
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Birchwood House, 11 Magnolia Drive, Banstead, Reigate And Banstead, Surrey, SM7 1BJ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 26 Oct 2022.

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 20 Jul 2022, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 6.2%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency changing from good to average, while the system remained as from main system.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Sale History

Today
£313,049
streetscan.co.uk estimate
+25 %
24 Oct 2014
£250,000
Leasehold
+11.1 %
5 Oct 2012
£225,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 721 sq ft
sale price: £220,000
sale date: 26 Oct 2012
rooms: 3
size: 657 sq ft
sale price: £235,000
sale date: 29 Aug 2012
rooms: 3
size: 689 sq ft
sale price: £227,500
sale date: 24 Aug 2012
rooms: 3
size: 710 sq ft
sale price: £310,000
sale date: 6 Jan 2023
rooms: 3
size: 775 sq ft
sale price: £330,000
sale date: 9 Jul 2021

Data Sources

The property at Flat 5, Birchwood House, 11 Magnolia Drive, Banstead, SM7 1BJ appears two times in the Land Registry records, with the latest transaction recorded on 24 Oct 2014. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 26 Oct 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.