Flat 16, Shaw House
Flat 16, Shaw House
Description & Estimates
Flat 16, Shaw House, Banstead is recorded publicly as a modern leasehold apartment across 936 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 16, Shaw House, Banstead is £388,554 and its rental estimate is £1,770 per month, given the available information and assuming reasonable condition.
Shaw House, Elizabeth Drive is a residential building on Elizabeth Drive, Banstead, SM7 and falls within the SM7 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 16, Shaw House, Banstead has 2 entries in the Land Registry , most recently in May 2022 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 Flat 16, Shaw House, Banstead, we estimate a market value of £407,982 and a rental value of £1,858 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £361,355 and £1,646 per month respectively.
Recent Market Change
Over the last year, Flat 16, Shaw House, Banstead has seen its estimated sale value drop by £2,347 (0.6%) and its estimated rental value rise by £74 per month (4.2%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
Flat 16, Shaw House, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Aug 2012.
The property is not connected to mains gas and has some double glazing. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 16, Shaw House, Banstead completed on 13th May 2022 at £366,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 7.2% over the period since May 2022.
- Sold May 2022£366,000
- Sold Jan 2008£326,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 16, Shaw House, Banstead have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd November 2024, was Flat 6, Shaw House, Elizabeth Drive, Banstead, SM7 2FD, a leasehold flat which sold for £380,000.
Read more about house prices in SM7.
- Sold Nov 2024£380,000 | 3 Bed FlatShaw House, Elizabeth DriveFlat 6, Shaw House, Elizabeth Drive, Banstead, SM7 2FD
- Sold Aug 2022£415,000 | 3 Bed FlatRendel House, Elizabeth DriveFlat 35, Rendel House, Elizabeth Drive, Banstead, SM7 2FA
- Sold Jul 2022£430,000 | 3 Bed FlatRendel House, Elizabeth DriveFlat 36, Rendel House, Elizabeth Drive, Banstead, SM7 2FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 109 addresses on Elizabeth Drive, Banstead, SM7, Flat 16, Shaw House, Banstead comes out as the 22nd largest and the 15th most expensive in our analysis of the public data.
It is also £270k less expensive than the average property across the SM7 district.
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
From Flat 16, Shaw House, Banstead, the nearest station is Chipstead, 1.5 kilometres away.
- 1.5kmChipstead
- 2.0kmKingswood
- 2.8kmWoodmansterne
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.
