Flat 6, Rendel House
Flat 6, Rendel House
Description & Estimates
The public record describes Flat 6, Rendel House, Banstead as a modern apartment with 990 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 6, Rendel House, Banstead has an estimated sale value of £363,076 and an estimated rental value of £1,762 per month, assuming reasonable condition and based on the information available.
The apartment sits within Rendel 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 6, Rendel House, Banstead has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2017.
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
In very good condition, we estimate Flat 6, Rendel House, Banstead would be worth £381,229, with a potential rental value of £1,850 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £337,660, with a rental value of £1,638 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 6, Rendel House, Banstead has dropped by £2,193 (0.6%) over the last year. During the same period, its estimated monthly rental value has risen by £74 (4.2%). The property's estimated gross yield is currently 5.8%.
Energy Efficiency
Flat 6, Rendel House, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 6, Rendel House, Banstead last changed hands on 30th June 2006, selling for £266,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Jun 2006£266,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of Flat 6, Rendel House, Banstead across the last 2 years.
Most recently, Flat 2, Rendel House, Elizabeth Drive, Banstead, SM7 2FA, a leasehold flat, sold at £350,000 on the 14th April 2023.
Read more about house prices in SM7.
- Sold Apr 2023£350,000 | 3 Bed FlatRendel House, Elizabeth DriveFlat 2, Rendel House, Elizabeth Drive, Banstead, SM7 2FA
- 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 6, Rendel House, Banstead as the 19th largest and the 24th most expensive of the 109 addresses on Elizabeth Drive, Banstead, SM7.
Against the SM7 postcode district average, it is £296k 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
- 2.0kmThe Beacon School
- 4.2kmWoodcote High School
- 4.4kmHarris Academy Sutton
More reading links
Public Transport Nearby
Chipstead station is the nearest stop to Flat 6, Rendel House, Banstead at 1.4 kilometres away.
- 1.4kmChipstead
- 2.1kmKingswood
- 2.7kmWoodmansterne
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.
