Flat 4, Shaw House
Flat 4, Shaw House
Description & Estimates
Public records show Flat 4, Shaw House, Banstead to be a modern leasehold apartment with 936 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 4, Shaw House, Banstead has an estimated sale value of £388,554 and an estimated rental value of £1,770 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 4, Shaw House, Banstead has 3 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated April 2017.
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
In very good condition, we estimate Flat 4, Shaw House, Banstead would be worth £407,982, with a potential rental value of £1,858 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £361,355, with a rental value of £1,646 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 4, Shaw House, Banstead has declined by £2,347 (0.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £74 (4.2%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 4, Shaw House, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2017.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 4, Shaw House, Banstead last changed hands on 25th February 2020, selling for £354,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 0.1% since February 2020.
- Sold Feb 2020£354,000
- Sold Oct 2014£380,000
- Sold Jun 2008£293,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of Flat 4, Shaw House, Banstead across the last 2 years.
Most recently, Flat 6, Shaw House, Elizabeth Drive, Banstead, SM7 2FD, a leasehold flat, sold at £380,000 on the 22nd November 2024.
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.
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Location Comparison
Our analysis of the public data ranks Flat 4, Shaw House, Banstead as the 21st largest and the 14th most expensive of the 109 addresses on Elizabeth Drive, Banstead, SM7.
Against the SM7 postcode district average, it is £270k 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 4, 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.
