Flat 8, Palmerston House
Flat 8, Palmerston House
Description & Estimates
Flat 8, Palmerston House, Banstead is described in the public record as a modern apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 8, Palmerston House, Banstead is £302,627 and its rental estimate is £1,467 per month, given the available information and assuming reasonable condition.
Palmerston House, Basing Road is a residential building on Basing Road, Banstead, SM7 and falls within the SM7 postal district and the borough of Reigate and Banstead.
Our Data Sources
Flat 8, Palmerston House, Banstead has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
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
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 8, Palmerston House, Banstead, we estimate a market value of £317,758 and a rental value of £1,540 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £281,443 and £1,364 per month respectively.
Recent Market Change
Over the last year, Flat 8, Palmerston House, Banstead has seen its estimated sale value drop by £1,102 (0.4%) and its estimated rental value rise by £64 per month (4.4%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
Flat 8, Palmerston House, Banstead has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 8, Palmerston House, Banstead completed on 11th January 2002 at £128,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
- Sold Jan 2002£128,950
- Sold May 1999£84,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 8, Palmerston House, Banstead have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2025, was Flat 2, Palmerston House, Basing Road, Banstead, SM7 2AH, a leasehold flat which sold for £160,000.
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 Jul 2024£280,000 | 2 Bed FlatPalmerston House, Basing RoadFlat 14, Palmerston House, Basing Road, Banstead, SM7 2AH
- 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
Of the 43 addresses on Basing Road, Banstead, SM7, Flat 8, Palmerston House, Banstead comes out as the 24th largest and the 25th most expensive in our analysis of the public data.
It is also £356k less expensive than the average property across the SM7 district.
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
From Flat 8, Palmerston House, Banstead, the nearest station is Banstead, 600 metres away.
- 600mBanstead
- 2.1kmEpsom Downs
- 2.2kmBelmont
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
