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Flat 9, Shaw House, Banstead appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 1,480 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 9, Shaw House, Banstead is £504,742 and its rental estimate is £2,123 per month, given the available information and assuming reasonable condition.
Shaw House, Elizabeth Drive is a residential building on Elizabeth Drive, Banstead, SM7 and falls within the SM7 postal district and the borough of Reigate and Banstead.
Flat 9, Shaw House, Banstead has a single entry in the Land Registry from April 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 9, Shaw House, Banstead, we estimate a market value of £529,979 and a rental value of £2,230 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £469,410 and £1,975 per month respectively.
Over the last year, Flat 9, Shaw House, Banstead has seen its estimated sale value fall by £3,049 (0.6%) and its estimated rental value move up by £89 per month (4.2%). This results in an estimated gross rental yield of 5.0%.
The most recent sale of Flat 9, Shaw House, Banstead completed on 30th April 2008 at £500,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 40.3% over the period since April 2008.
Over the past 2 years 3 properties similar to Flat 9, Shaw House, Banstead have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th June 2020, was Flat 18, Shaw House, Elizabeth Drive, Banstead, SM7 2FD, a leasehold flat which sold for £535,000.
Read more about house prices in SM7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 109 addresses on Elizabeth Drive, Banstead, SM7, Flat 9, Shaw House, Banstead comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £154k less expensive than the average property across the SM7 district.
From Flat 9, Shaw House, Banstead, the nearest station is Chipstead, 1.5 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Shaw 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 9, Shaw 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 9, Shaw 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 9, Shaw 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 9, Shaw 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.
