Flat 35, Rendel House
Flat 35, Rendel House
Description & Estimates
Flat 35, Rendel House, Banstead is recorded publicly as a modern leasehold apartment across 1,044 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 35, Rendel House, Banstead is £373,296 and its rental estimate is £1,791 per month, given the available information and assuming reasonable condition.
Rendel 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 35, Rendel House, Banstead has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated September 2012.
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 35, Rendel House, Banstead, we estimate a market value of £391,961 and a rental value of £1,880 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £347,165 and £1,665 per month respectively.
Recent Market Change
Over the last year, Flat 35, Rendel House, Banstead has seen its estimated sale value fall by £2,255 (0.6%) and its estimated rental value move up by £75 per month (4.2%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 35, Rendel House, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 35, Rendel House, Banstead completed on 4th August 2022 at £415,000 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 8.2% over the period since August 2022.
- Sold Aug 2022£415,000
- Sold Dec 2006£376,952
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 35, Rendel 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 30th November 2023, was Flat 1, Shaw House, Elizabeth Drive, Banstead, SM7 2FD, a leasehold flat which sold for £460,000.
Read more about house prices in SM7.
- Sold Nov 2023£460,000 | 3 Bed FlatShaw House, Elizabeth DriveFlat 1, Shaw House, Elizabeth Drive, Banstead, SM7 2FD
- Sold Jul 2022£430,000 | 3 Bed FlatRendel House, Elizabeth DriveFlat 36, Rendel House, Elizabeth Drive, Banstead, SM7 2FA
- Sold Feb 2017£420,000 | 3 Bed FlatRendel House, Elizabeth DriveFlat 32, Rendel House, Elizabeth Drive, Banstead, SM7 2FA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 109 addresses on Elizabeth Drive, Banstead, SM7, Flat 35, Rendel House, Banstead comes out as the 16th largest and the 23rd most expensive in our analysis of the public data.
It is also £286k less expensive than the average property across the SM7 district.
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Schools Nearby
- 1.7kmSt Anne's Catholic Primary School
- 2.0kmBanstead Community Junior School
- 2.1kmBanstead Infant School and Nursery
- 2.0kmThe Beacon School
- 4.2kmWoodcote High School
- 4.4kmHarris Academy Sutton
More reading links
Public Transport Nearby
From Flat 35, Rendel House, Banstead, the nearest station is Chipstead, 1.4 kilometres away.
- 1.4kmChipstead
- 2.1kmKingswood
- 2.7kmWoodmansterne
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.
