Flat 9, Derby House 14
Flat 9, Derby House 14
Description & Estimates
Public records show Flat 9, Derby House 14, Banstead to be a modern leasehold apartment with 527 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 9, Derby House 14, Banstead has an estimated sale value of £283,989 and an estimated rental value of £1,343 per month, assuming reasonable condition and based on the information available.
The apartment sits within Derby House, Brighton Road, Banstead, SM7.
Brighton Road, Banstead, SM7 lies in the borough of Reigate and Banstead, within the SM7 postal district.
Our Data Sources
Flat 9, Derby House 14, Banstead has 3 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated November 2015.
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.
Price Range & Condition
In very good condition, we estimate Flat 9, Derby House 14, Banstead would be worth £298,188, with a potential rental value of £1,410 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £264,109, with a rental value of £1,249 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 9, Derby House 14, Banstead has moved down by £583 (0.2%) over the last year. During the same period, its estimated monthly rental value has increased by £61 (4.6%). The property's estimated gross yield is currently 5.7%.
Energy Efficiency
Flat 9, Derby House 14, Banstead has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Nov 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 9, Derby House 14, Banstead last changed hands on 19th September 2023, selling for £260,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 4.2% since September 2023.
- Sold Sep 2023£260,000
- Sold Jun 2019£255,000
- Sold May 2016£262,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 670 metres of Flat 9, Derby House 14, Banstead across the last 2 years.
Most recently, Flat 9, Oaks House 12, Brighton Road, Banstead, SM7 1BS, a leasehold flat, sold at £275,000 on the 25th February 2022.
Read more about house prices in SM7.
- Sold Feb 2022£275,000 | 2 Bed FlatFlat 9, Oaks House 12, Brighton Road, Banstead, SM7 1BSFlat 9, Oaks House 12, Brighton Road, Banstead, SM7 1BS
- Sold Jan 2019£275,000 | 2 Bed FlatFlat 8, Oaks House 12, Brighton Road, Banstead, SM7 1BSFlat 8, Oaks House 12, Brighton Road, Banstead, SM7 1BS
- Sold Nov 2016£262,000 | 2 Bed FlatFlat 7, Oaks House 12, Brighton Road, Banstead, SM7 1BSFlat 7, Oaks House 12, Brighton Road, Banstead, SM7 1BS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 9, Derby House 14, Banstead as the 118th largest and the 121st most expensive of the 123 addresses on Brighton Road, Banstead, SM7.
Against the SM7 postcode district average, it is £375k less expensive than the typical property.
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Schools Nearby
- 200mBanstead Infant School and Nursery
- 300mBanstead Community Junior School
- 600mSt Anne's Catholic Primary School
- 600mThe Beacon School
- 3.2kmHarris Academy Sutton
- 3.7kmOverton Grange School
More reading links
Public Transport Nearby
Banstead station is the nearest stop to Flat 9, Derby House 14, Banstead at 1.0 kilometres away.
- 1.0kmBanstead
- 1.9kmEpsom Downs
- 2.5kmTattenham Corner
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.
