Flat 11, Shaw House
Flat 11, Shaw House
Description & Estimates
According to the public record, Flat 11, Shaw House, Banstead is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,478 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 11, Shaw House, Banstead is £505,363 and the estimated rental value is £2,126 per month.
The apartment is within Shaw House, Elizabeth Drive, Banstead, SM7.
Elizabeth Drive, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Our Data Sources
Flat 11, Shaw House, Banstead has a single entry in the Land Registry from March 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 11, Shaw House, Banstead is in very good condition we estimate a sale value of £530,631 and a rental value of £2,232 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,988 and a rental value of £1,977 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 11, Shaw House, Banstead has decreased by £3,053 (0.6%), while its estimated rental value has grown by £89 per month (4.2%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Sold Prices
According to HM Land Registry, Flat 11, Shaw House, Banstead was last sold on 4th March 2008 for £499,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has risen by 39.7%.
- Sold Mar 2008£499,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 11, Shaw House, Banstead within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Flat 18, Shaw House, Elizabeth Drive, Banstead, SM7 2FD, a leasehold flat which sold for £535,000 on the 19th June 2020.
Read more about house prices in SM7.
- Sold Jun 2020£535,000 | 3 Bed FlatFlat 18, Shaw House, Elizabeth Drive, Banstead, SM7 2FDFlat 18, Shaw House, Elizabeth Drive, Banstead, SM7 2FD
- Sold Oct 2009£530,000 | 3 Bed FlatFlat 12, Shaw House, Elizabeth Drive, Banstead, SM7 2FDFlat 12, Shaw House, Elizabeth Drive, Banstead, SM7 2FD
- Sold Apr 2008£500,000 | 3 Bed FlatFlat 9, Shaw House, Elizabeth Drive, Banstead, SM7 2FDFlat 9, Shaw House, Elizabeth Drive, Banstead, SM7 2FD
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Elizabeth Drive, Banstead, SM7 has a total of 109 addresses. According to our analysis of all the public data, Flat 11, Shaw House, Banstead is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in SM7.
More reading links
Schools Nearby
- 1.7kmSt Anne's Catholic Primary School
- 2.0kmBanstead Community Junior School
- 2.1kmBanstead Infant School and Nursery
- 1.9kmThe Beacon School
- 4.3kmWoodcote High School
- 4.4kmHarris Academy Sutton
More reading links
Public Transport Nearby
The closest station to Flat 11, Shaw House, Banstead is Chipstead station, which is 1.5 kilometres away.
- 1.5kmChipstead
- 2.0kmKingswood
- 2.8kmWoodmansterne
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
