Flat 9, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE is a leasehold flat built between 1996-2002. The property offers approximately 495 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 £340,355 , which equates to approximately £687 per square foot. It was last sold on 28 Feb 2017 for £307,000. Since then, the value has increased by £33,355, representing a 10.9% increase, or approximately 1.2% per year.

The current estimated value of £340,355 is:

  • 14.7% lower than the average property price on Elizabeth Drive
  • 1.4% higher than the average in the SM7 2FE postcode area
  • and 49.8% lower than the average price for Banstead as a whole

At the most recent EPC inspection on 7 February 2020, the property was recorded as owner-occupied.

View sold house prices in SM7 2FE

Building approximate location

About Property

Type
Flat
Built
1996-2002
Interior Size
495 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£340,355
Price Per sq ft (estimate)
£687
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 9, 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 7 Feb 2020.

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 23 Feb 2009. The rating of C remains the same, but the energy efficiency score improved by 1.3%.

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 improving from poor to average, 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, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from no low energy lighting to low energy lighting in 63% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 63% of fixed outlets
Good

Compared to SM7 2FE

24 th / 40
Price Rank
1% higher than average
30 th / 33
Size Rank
31% smaller than average
1 st / 33
Price Per Sq FT Rank
47% higher than average

Compared to other properties in SM7 2FE , this flat's estimated value ranks 24th out of 40. Based on price per square foot, it ranks 1st 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 30th out of 33 properties in its postcode area.

Sale History

Today
£340,355
streetscan.co.uk estimate
+11 %
28 Feb 2017
£307,000
Leasehold
+22.8 %
1 Jun 2007
£250,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 506 sq ft
sale price: £267,500
sale date: 15 Jan 2024
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: 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 9, Elizabeth House Elizabeth Drive, Banstead, SM7 2FE appears two times in the Land Registry records, with the latest transaction recorded on 28 Feb 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 7 Feb 2020. 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.