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The public record describes Flat 8, Rendel House, Banstead as a modern apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 8, Rendel House, Banstead has an estimated sale value of £226,616 and an estimated rental value of £1,179 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.
Flat 8, Rendel House, Banstead has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 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.
In very good condition, we estimate Flat 8, Rendel House, Banstead would be worth £237,947, with a potential rental value of £1,238 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £210,753, with a rental value of £1,097 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 8, Rendel House, Banstead has dropped by £465 (0.2%) over the last year. During the same period, its estimated monthly rental value has risen by £54 (4.6%). The property's estimated gross yield is currently 6.2%.
Flat 8, Rendel House, Banstead has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 May 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Flat 8, Rendel House, Banstead last changed hands on 21st July 2006, selling for £186,950. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.7 kilometres of Flat 8, Rendel House, Banstead across the last 2 years.
Most recently, Flat 24, Rendel House, Elizabeth Drive, Banstead, SM7 2FA, a leasehold flat, sold at £220,000 on the 6th September 2024.
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 8, Rendel House, Banstead as the 109th largest and the 109th most expensive of the 109 addresses on Elizabeth Drive, Banstead, SM7.
Against the SM7 postcode district average, it is £432k less expensive than the typical property.
Chipstead station is the nearest stop to Flat 8, Rendel House, Banstead at 1.4 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 8, Rendel House, Banstead, 42.3% of property is privately owned with a mortgage and 37.4% is privately owned outright.
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 8, Rendel House, Banstead, 14.7% of residents are recorded as possessing school level qualifications and 37.9% 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 8, Rendel House, Banstead, the average age was 44.9 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 8, Rendel House, Banstead, 1.4% 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 8, Rendel House, Banstead, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.