Flat 15, Shaw House
Flat 15, Shaw House
Description & Estimates
The public record lists Flat 15, Shaw House, Banstead as a leasehold apartment.
Comparison with its neighbours suggests a modern apartment with 1,471 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 15, Shaw House, Banstead has an estimated sale value of £503,250 and an estimated rental value of £2,117 per month, assuming reasonable condition and based on the information available.
The apartment sits within Shaw House, Elizabeth Drive, Banstead, SM7.
Elizabeth Drive, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
Our Data Sources
Flat 15, Shaw House, Banstead has a single entry in the Land Registry from December 2007 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
In very good condition, we estimate Flat 15, Shaw House, Banstead would be worth £528,413, with a potential rental value of £2,223 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £468,023, with a rental value of £1,969 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 15, Shaw House, Banstead has moved down by £3,040 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £89 (4.2%). The property's estimated gross yield is currently 5.0%.
Sold Prices
Flat 15, Shaw House, Banstead last changed hands on 21st December 2007, selling for £499,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.2% since December 2007.
- Sold Dec 2007£499,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of Flat 15, Shaw House, Banstead across the last 2 years.
Most recently, Flat 18, Shaw House, Elizabeth Drive, Banstead, SM7 2FD, a leasehold flat, sold at £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 Apr 2008£500,000 | 3 Bed FlatFlat 9, Shaw House, Elizabeth Drive, Banstead, SM7 2FDFlat 9, Shaw House, Elizabeth Drive, Banstead, SM7 2FD
- Sold Mar 2008£499,950 | 3 Bed FlatFlat 11, Shaw House, Elizabeth Drive, Banstead, SM7 2FDFlat 11, 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
Our analysis of the public data ranks Flat 15, Shaw House, Banstead as the 6th largest and the 6th most expensive of the 109 addresses on Elizabeth Drive, Banstead, SM7.
Against the SM7 postcode district average, it is £156k less expensive than the typical property.
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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
Chipstead station is the nearest stop to Flat 15, Shaw House, Banstead at 1.5 kilometres away.
- 1.5kmChipstead
- 2.0kmKingswood
- 2.8kmWoodmansterne
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
