21, Lancaster Court
21, Lancaster Court
Description & Estimates
21, Lancaster Court, Banstead is recorded publicly as a mid-century leasehold apartment across 624 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 21, Lancaster Court, Banstead is £281,244 and its rental estimate is £1,423 per month, given the available information and assuming reasonable condition.
Lancaster Court, Banstead, SM7 falls within the SM7 postal district, in the borough of Reigate and Banstead.
Our Data Sources
21, Lancaster Court, Banstead has 41 entries in the Land Registry , most recently in April 2020 and a single entry in the EPC database dated February 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 21, Lancaster Court, Banstead, we estimate a market value of £295,306 and a rental value of £1,494 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £261,557 and £1,323 per month respectively.
Recent Market Change
Over the last year, 21, Lancaster Court, Banstead has seen its estimated sale value move down by £577 (0.2%) and its estimated rental value increase by £65 per month (4.6%). This results in an estimated gross rental yield of 6.1%.
Energy Efficiency
21, Lancaster Court, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Feb 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 21, Lancaster Court, Banstead completed on 7th April 2020 at £265,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 14.9% over the period since April 2020.
- Sold Apr 2020£265,000
- Sold Oct 2001£107,000
- Sold Jun 1998£79,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, Lancaster Court, Banstead have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th December 2023, was 8, Lancaster Court, Banstead, SM7 1RR, a leasehold flat which sold for £315,300.
Read more about house prices in SM7.
- Sold Dec 2023£315,300 | 2 Bed Flat8, Lancaster Court, Banstead, SM7 1RR8, Lancaster Court, Banstead, SM7 1RR
- Sold Dec 2021£275,000 | 2 Bed Flat24, Lancaster Court, Banstead, SM7 1RR24, Lancaster Court, Banstead, SM7 1RR
- Sold Oct 2020£237,500 | 2 Bed Flat19, Lancaster Court, Banstead, SM7 1RR19, Lancaster Court, Banstead, SM7 1RR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 33 addresses on Lancaster Court, Banstead, SM7, 21, Lancaster Court, Banstead comes out as the 23rd largest and the 23rd most expensive in our analysis of the public data.
It is also £378k less expensive than the average property across the SM7 district.
More reading links
Schools Nearby
- 600mBanstead Infant School and Nursery
- 700mBanstead Community Junior School
- 1.1kmSt Anne's Catholic Primary School
- 1.3kmThe Beacon School
- 2.6kmHarris Academy Sutton
- 3.0kmOverton Grange School
More reading links
Public Transport Nearby
From 21, Lancaster Court, Banstead, the nearest station is Banstead, 200 metres away.
- 200mBanstead
- 1.9kmEpsom Downs
- 2.1kmBelmont
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
