Flat 5, Chipstead House, 9 Magnolia Drive, Banstead, SM7 1AY is a leasehold flat built between 2003-2006. The property offers approximately 732 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 £346,898 , which equates to approximately £474 per square foot. It was last sold on 30 Aug 2017 for £325,000. Since then, the value has increased by £21,898, representing a 6.7% increase, or approximately 0.8% per year.

The current estimated value of £346,898 is:

  • 41.4% lower than the average property price on Magnolia Drive
  • 0.3% lower than the average in the SM7 1AY postcode area
  • and 49.3% lower than the average price for Banstead as a whole

At the most recent EPC inspection on 20 April 2017, the property was recorded as owner-occupied.

View sold house prices in SM7 1AY

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
732 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£346,898
Price Per sq ft (estimate)
£474
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 5, Chipstead House, 9 Magnolia Drive, Banstead, Reigate And Banstead, Surrey, SM7 1AY has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 20 Apr 2017.

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 29 Mar 2012, and the property received the same rating of B with an unchanged energy efficiency score of 81.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from average thermal transmittance 0.2 w/m?k to (another dwelling above), changing energy efficiency from good to n/a.
  • The wall construction or insulation changed from average thermal transmittance 0.3 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 30% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Sale History

Today
£346,898
streetscan.co.uk estimate
+7 %
30 Aug 2017
£325,000
Leasehold
+46.1 %
9 Aug 2012
£222,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 1, Chipstead House, 9 Magnolia Drive, Banstead, SM7 1AY
rooms: 3
size: 700 sq ft
sale price: £240,000
sale date: 17 Aug 2012
Flat 5, Park Wood House, 10 Magnolia Drive, Banstead, SM7 1BH
rooms: 3
size: 710 sq ft
sale price: £310,000
sale date: 6 Jan 2023
Flat 7, Park Wood House, 10 Magnolia Drive, Banstead, SM7 1BH
rooms: 3
size: 775 sq ft
sale price: £330,000
sale date: 9 Jul 2021
Flat 6, Park Wood House, 10 Magnolia Drive, Banstead, SM7 1BH
rooms: 3
size: 678 sq ft
sale price: £316,250
sale date: 2 Apr 2019
Flat 5, Birchwood House, 11 Magnolia Drive, Banstead, SM7 1BJ
rooms: 3
size: 689 sq ft
sale price: £250,000
sale date: 24 Oct 2014

Data Sources

The property at Flat 5, Chipstead House, 9 Magnolia Drive, Banstead, SM7 1AY appears two times in the Land Registry records, with the latest transaction recorded on 30 Aug 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Apr 2017. 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.
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