Flat 5, Palmerston House
Flat 5, Palmerston House
Description & Estimates
According to the public record, Flat 5, Palmerston House, Banstead is a modern apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 5, Palmerston House, Banstead is £297,297 and the estimated rental value is £1,447 per month.
The apartment is within Palmerston House, Basing Road, Banstead, SM7.
Basing Road, Banstead, SM7 is located in the borough of Reigate and Banstead within the SM7 postal district.
Our Data Sources
Flat 5, Palmerston House, Banstead has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2018.
We combine this information with public data 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
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 5, Palmerston House, Banstead is in very good condition we estimate a sale value of £312,162 and a rental value of £1,520 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,486 and a rental value of £1,346 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Palmerston House, Banstead has moved down by £1,082 (0.4%), while its estimated rental value has increased by £64 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 5.8%.
Energy Efficiency
Flat 5, Palmerston House, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 5, Palmerston House, Banstead was last sold on 7th June 2004 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
- Sold Jun 2004£150,000
- Sold Oct 1999£87,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Palmerston House, Banstead within a radius of 720 metres over the last 2 years.
The most recent example is Flat 2, Palmerston House, Basing Road, Banstead, SM7 2AH, a leasehold flat which sold for £160,000 on the 12th June 2025.
Read more about house prices in SM7.
- Sold Jun 2025£160,000 | 2 Bed FlatPalmerston House, Basing RoadFlat 2, Palmerston House, Basing Road, Banstead, SM7 2AH
- Sold Feb 2025£300,000 | 2 Bed FlatMacmillan House, Basing RoadFlat 1, Macmillan House, Basing Road, Banstead, SM7 2AQ
- Sold May 2024£315,000 | 2 Bed FlatPalmerston House, Basing RoadFlat 6, Palmerston House, Basing Road, Banstead, SM7 2AH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Basing Road, Banstead, SM7 has a total of 43 addresses. According to our analysis of all the public data, Flat 5, Palmerston House, Banstead is the 32nd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £362k less expensive than the average property in SM7.
More reading links
Schools Nearby
- 300mBanstead Community Junior School
- 300mBanstead Infant School and Nursery
- 700mSt Anne's Catholic Primary School
- 1.1kmThe Beacon School
- 2.7kmHarris Academy Sutton
- 3.2kmOverton Grange School
More reading links
Public Transport Nearby
The closest station to Flat 5, Palmerston House, Banstead is Banstead station, which is 600 metres away.
- 600mBanstead
- 2.1kmEpsom Downs
- 2.2kmBelmont
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
