Flat 2, Derby House 14
Flat 2, Derby House 14
Description & Estimates
Flat 2, Derby House 14, Banstead is recorded publicly as a modern leasehold apartment across 764 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, Derby House 14, Banstead is £347,673 and its rental estimate is £1,569 per month, given the available information and assuming reasonable condition.
Derby House, Brighton Road is a residential building on Brighton Road, Banstead, SM7 and falls within the SM7 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 2, Derby House 14, Banstead has 3 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated November 2015.
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 Flat 2, Derby House 14, Banstead, we estimate a market value of £365,057 and a rental value of £1,648 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £323,336 and £1,459 per month respectively.
Recent Market Change
Over the last year, Flat 2, Derby House 14, Banstead has seen its estimated sale value fall by £714 (0.2%) and its estimated rental value move up by £72 per month (4.6%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 2, Derby House 14, Banstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Nov 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, Derby House 14, Banstead completed on 17th May 2024 at £357,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 4.7% over the period since May 2024.
- Sold May 2024£357,500
- Sold Sep 2019£347,500
- Sold Nov 2015£325,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Derby House 14, Banstead have sold within a radius of 670 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd June 2025, was Flat 3, Oaks House 12, Brighton Road, Banstead, SM7 1BS, a leasehold flat which sold for £360,000.
Read more about house prices in SM7.
- Sold Jun 2025£360,000 | 2 Bed FlatOaks House 12, Brighton RoadFlat 3, Oaks House 12, Brighton Road, Banstead, SM7 1BS
- Sold Jul 2024£350,000 | 2 Bed FlatOaks House 12, Brighton RoadFlat 4, Oaks House 12, Brighton Road, Banstead, SM7 1BS
- Sold May 2024£330,000 | 2 Bed FlatPark Wood House 10, Magnolia DriveFlat 7, Park Wood House 10, Magnolia Drive, Banstead, SM7 1BH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 123 addresses on Brighton Road, Banstead, SM7, Flat 2, Derby House 14, Banstead comes out as the 89th largest and the 80th most expensive in our analysis of the public data.
It is also £311k less expensive than the average property across the SM7 district.
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Schools Nearby
- 200mBanstead Infant School and Nursery
- 300mBanstead Community Junior School
- 600mSt Anne's Catholic Primary School
- 600mThe Beacon School
- 3.2kmHarris Academy Sutton
- 3.7kmOverton Grange School
More reading links
Public Transport Nearby
From Flat 2, Derby House 14, Banstead, the nearest station is Banstead, 1.0 kilometres away.
- 1.0kmBanstead
- 1.9kmEpsom Downs
- 2.5kmTattenham Corner
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.
