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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 2, Rendel House, Banstead is a modern leasehold apartment with 861 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 2, Rendel House, Banstead is £337,454 and the estimated rental value is £1,682 per month.
The apartment is within Rendel House, Elizabeth Drive, Banstead, SM7.
Elizabeth Drive, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Flat 2, Rendel House, Banstead has 21 entries in the Land Registry , most recently in April 2023 and a single entry in the EPC database dated August 2022.
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.
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 2, Rendel House, Banstead is in very good condition we estimate a sale value of £354,327 and a rental value of £1,766 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,832 and a rental value of £1,564 per month.
Over the last 12 months the sale value of Flat 2 Rendel House Banstead has decreased by an estimated £2,038 (0.6%) and its rental value has increased by an estimated £70 per month (4.2%), giving an expected gross yield of 6%.
Flat 2, Rendel House, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, Rendel House, Banstead was last sold on 14th April 2023 for £350,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since April 2023, the market for similar properties has dropped 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Rendel House, Banstead within a radius of 1.7 kilometres over the last 2 years.
The most recent example is Flat 20, Rendel House, Elizabeth Drive, Banstead, SM7 2FA, a leasehold flat which sold for £29,000 on the 11th May 2025.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Elizabeth Drive, Banstead, SM7 has a total of 109 addresses. According to our analysis of all the public data, Flat 2, Rendel House, Banstead is the 31st largest and the 34th most expensive property on the street.
When compared to the postcode district it is £321k less expensive than the average property in SM7.
The closest station to Flat 2, Rendel House, Banstead is Chipstead station which is 1.4 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Rendel House, Banstead, 42.3% of property is privately owned with a mortgage and 37.4% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, Rendel House, Banstead, 14.7% of residents are recorded as possessing school level qualifications and 37.9% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, Rendel House, Banstead, the average age was 44.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, Rendel House, Banstead, 1.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, Rendel House, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
