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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
Public records show Flat 7, Palmerston House, Banstead to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 7, Palmerston House, Banstead has an estimated sale value of £297,297 and an estimated rental value of £1,447 per month, assuming reasonable condition and based on the information available.
The apartment sits within Palmerston House, Basing Road, Banstead, SM7.
Basing Road, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
Flat 7, Palmerston House, Banstead has 41 entries in the Land Registry , most recently in August 2019 and a single entry in the EPC database dated March 2018.
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.
In very good condition, we estimate Flat 7, Palmerston House, Banstead would be worth £312,162, with a potential rental value of £1,520 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £276,486, with a rental value of £1,346 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 7, Palmerston House, Banstead has declined by £1,082 (0.4%) over the last year. During the same period, its estimated monthly rental value has climbed by £64 (4.4%). The property's estimated gross yield is currently 5.8%.
Flat 7, Palmerston House, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 7, Palmerston House, Banstead last changed hands on 16th August 2019, selling for £310,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 18.1% since August 2019.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of Flat 7, Palmerston House, Banstead across the last 2 years.
Most recently, Flat 2, Palmerston House, Basing Road, Banstead, SM7 2AH, a leasehold flat, sold at £160,000 on the 12th June 2025.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 7, Palmerston House, Banstead as the 30th largest and the 31st most expensive of the 43 addresses on Basing Road, Banstead, SM7.
Against the SM7 postcode district average, it is £362k less expensive than the typical property.
Banstead station is the nearest stop to Flat 7, Palmerston House, Banstead at 600 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, Palmerston House, Banstead, 59.0% of property is privately owned outright and 19.9% is privately owned with a mortgage.
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 7, Palmerston House, Banstead, 5.7% of residents are recorded as possessing school level qualifications and 26.1% 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 7, Palmerston House, Banstead, the average age was 44.8 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 7, Palmerston House, Banstead, 0.6% 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 7, Palmerston House, Banstead, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
