Sold Flat

FLAT 3

OAKS HOUSE, 12, BRIGHTON ROAD, BANSTEAD, SURREY SM7 1BS

2 beds 2 baths 753 sq ft Listed 18 Oct 2024 (-603d)

£370,000

Reduced on 20 Nov 2024

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Property photo

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Property details

Tenure

LEASEHOLD

Floor area

70 m²

Council tax band

D

EPC rating

B

Last sold

£360,000 Jun 2025

Price per m²

£5,286/m²

Local average

£321,538 (+15.1%)

Deprivation

Decile 10 (33,448 of 33,755)

Street crime

70 incidents within 1 mile (Apr 2026)

Key features

  • Two generous bedrooms
  • Westerly-aspect private patio area
  • Immaculate condition throughout
  • Within easy reach of Banstead village and station
  • Allocated parking space
  • En-Suite shower room to principal bedroom
  • Excellent storage

Additional details

Broadband
FTTP (fibre to the premises)
Parking
Yes
Garden
Yes

Description

This impeccably maintained luxury ground-floor apartment features two double bedrooms and two bathrooms, presenting an opportunity for modern living at its finest. Situated within a small development completed in 2016, the property offers contemporary design and upscale amenities. With allocated parking included, this apartment provides both comfort and convenience for its residents.

Introducing a modern and stylish two-bedroom ground-floor apartment in excellent condition. The dual-aspect reception room is bright and airy, flowing effortlessly into the elegant fully-fitted kitchen adorned with quartz worktops. The principal bedroom boasts an en-suite shower room and double doors that open to a private patio area. The second bedroom is spacious and bathed in natural light. A contemporary main bathroom is conveniently located off the hallway, which also includes a large storage cupboard and an entrance phone for the communal entry.


This location is within around a 10 minute walk of Banstead Village with its excellent High Street shopping including Waitrose Supermarket and Marks and Spencer Simply Food. This thriving village has numerous restaurants, bars and cafes as well as a number of independent shops. There are bus services available to neighbouring towns including Epsom, Sutton and Reigate. Less than a mile away, Banstead Station offers a reliable service to London and the A217 provides swift access to the M25 at Junction 8 (Reigate Hill).

Hallway, Sitting-dining room-kitchen, Two double bedrooms, Family bathroom, en-suite shower room, Private patio area, Allocated parking


Tenure: Leasehold
Service Charge – £1,400 pa
Ground Rent - £250
Local Authority: Reigate and Banstead Borough Council
Council Tax Band: D
All mains services
FFTP Broadband

Listed by

Banstead

Richard Saunders and Company

Reference: 153954560

EPC Rating & Upgrade Cost

Current rating: B

Potential rating: B

Inspection date: 01/07/2016

Expiry date: 30/06/2026

Current heating cost: £205/year

Potential heating cost: £205/year

View full EPC on gov.uk

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan 1

Floorplan 1

Price history

11% since 2016

Event Date Price % change
Sold 02/06/2025 (1 year ago) £360,000 +10.8%
Sold 03/10/2016 (9 years ago) £325,000 —

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address Price Date Type
ISABELLA APARTMENTS, 24 FLAT 1 DICELAND ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ET £247,000 07/07/2025 Flat
ISABELLA APARTMENTS, 24 FLAT 4 DICELAND ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ET £240,000 15/12/2023 Flat
Same street 34 BRIGHTON ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1BS £780,000 17/11/2023 Terraced
CHARTHAM HOUSE, 39 FLAT 5 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £310,000 15/05/2023 Flat
18 HILLSIDE CLOSE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1ET £320,000 14/04/2023 Flat
CHARTHAM HOUSE, 39 FLAT 4 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £375,000 20/12/2022 Flat
CHIPSTEAD HOUSE, 9 FLAT 6 MAGNOLIA DRIVE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1AY £340,000 01/12/2022 Flat
BUCKLE HOUSE, 1 FLAT 6 HURLEY CLOSE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1BQ £316,000 09/09/2022 Flat
13 HIGHDOWN CLOSE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1AS £385,000 27/07/2022 Flat
CHARTHAM HOUSE, 39 FLAT 8 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £385,000 18/05/2022 Flat
Same street DERBY HOUSE, 14 FLAT 7 BRIGHTON ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1BS £280,000 29/04/2022 Flat
CHARTHAM HOUSE, 39 FLAT 1 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £379,958 31/03/2022 Flat
Same street OAKS HOUSE, 12 FLAT 9 BRIGHTON ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1BS £275,000 25/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 7 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £395,000 25/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 3 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £375,000 15/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 4 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £103,000 14/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 4 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £375,000 14/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 5 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £325,000 04/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 6 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £370,000 03/02/2022 Flat
CHARTHAM HOUSE, 39 FLAT 2 GARRATTS LANE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ED £316,000 01/02/2022 Flat
12 HILLSIDE CLOSE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1ET £291,500 30/09/2021 Flat
ISABELLA APARTMENTS, 24 FLAT 7 DICELAND ROAD, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 2ET £245,000 30/09/2021 Flat
4 HIGHDOWN CLOSE, BANSTEAD, REIGATE AND BANSTEAD, SURREY, SM7 1AS £370,000 30/09/2021 Flat

Street average: £445,000 (3 sales)

Area average: £323,173 (20 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 24%
10y growth 9.7%

House Price Index (HM Land Registry — official index, not sold-price averages): Reigate and Banstead. Series: Flats and maisonettes. As of March 2026.

1y (index) -3%
5y (index) 2%
10y (index) 9.5%

Rental Range

Estimated market rent for Reigate and Banstead. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,469/mo
Realistic £1,632/mo
Optimistic £1,795/mo

Based on Local Authority from postcode lookup → Reigate and Banstead.

LHA (30th percentile) floor for Stevenage & North Herts: £972/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View SM7 1BS

Address

Mulberry Gate

Nearby

Nearest stations, universities and amenities (distance from property).

Type Name Distance
Bus stop Burgh Wood 0.1 miles
Shop Wessex Garage Doors 0.2 miles
Shop Romans international 0.2 miles
Train station Banstead 0.6 miles
Train station Epsom Downs 1.2 miles
Hospital SpaMedica Epsom 2.4 miles
Hospital Queen Mary's Childrens' Hospital 4.2 miles
University Horton Halls Reception 8.1 miles
University BIMM Institute London 11.0 miles

Street-level crime

Category Count
Violence and sexual offences 20
Anti-social behaviour 14
Vehicle crime 9
Other theft 8
Public order 8
Criminal damage and arson 4
Other crime 3
Burglary 2
Drugs 2
Total incidents 70

Within 1 mile during Apr 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name Type Distance Ofsted
Banstead Infant School Primary 0.1 miles Good — 4 Nov 2018
Banstead Community Junior School Primary 0.2 miles Good — 26 Jul 2023
St Anne's Catholic Primary School Primary 0.4 miles Good — 26 Jun 2014
The Beacon School Secondary 0.4 miles Requires improvement — 29 Jun 2023
Aberdour Preparatory School Other 0.7 miles — (No rating)

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title Rent Beds Distance As seen on
2 Bed Flat, Sterling House, SM7 £1,650/mo 2 0.34 miles OpenRent
2 Bed Flat, Courtlands, SM7 £1,650/mo 2 0.49 miles OpenRent
2 Bed Flat, Nork Way, SM7 £1,355/mo 2 0.5 miles OpenRent
2 Bed Flat, Century House, SM7 £1,450/mo 2 0.55 miles OpenRent

Average rent: £1,526/mo (4 listings)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.42%
Max investor price (0.8%) £193,750
Target investor price (1%) £155,000
Gross yield 5%
Cost-to-rent ratio 19.9×
Monthly cashflow £-87/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term
Cash-on-cash ROI -1%
  • Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
  • Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
  • Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
  • Gross yield — Annual rent as % of purchase price (no costs).
  • Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
  • Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
  • ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).