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Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH

How much is Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH worth?

Estimated value — November 2026

£290,000

Likely range £219,000 – £368,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale October 1996

50%

confidence

Medium

Typically within 13% of the sale price

Property details

Flat / Maisonette

Basing Road · Banstead · SM7 2AH

Address

District
Reigate and Banstead
County
Surrey
See house prices in SM7 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£100k£200k£300k£400k20002002200420062008201020122014201620182020202220242026£290,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£117,236£98,897 – £136,994
2001£132,153£110,274 – £155,777
2002£163,442£135,001 – £193,749
2003£173,619£142,305 – £206,045
2004£190,554£155,023 – £226,756
2005£191,642£154,461 – £229,087
2006£199,842£159,407 – £240,472
2007£225,131£178,055 – £272,182
2008£191,412£150,326 – £233,160
2009£195,315£153,219 – £239,138
2010£199,974£156,317 – £246,720
2011£194,886£152,043 – £242,150
2012£199,907£173,385 – £229,044
2013£206,720£177,598 – £238,714
2014£242,594£206,427 – £282,327
2015£263,684£222,209 – £309,248
2016£274,011£228,663 – £323,830
2017£284,178£234,815 – £338,408
2018£279,988£229,055 – £335,942
2019£275,666£223,257 – £333,242
2020£284,806£228,322 – £346,859
2021£289,472£229,687 – £355,151
2022£312,684£245,539 – £386,449
2023£296,437£230,348 – £369,042
2024£296,938£228,301 – £372,342
2025£286,753£218,117 – £362,156
2026£290,000£219,000 – £368,000

Sale history

1996Sold
£62,750
2026Today — estimated
+362%£290,000

Mortgage calculator

£1,556

Estimated monthly repayment

£261,000

Loan amount

£299,321

Total interest

£560,321

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH is a flat on Basing Road in Banstead, Surrey. Stede's estimated value for November 2026 is £290,000. Four in five similar homes sold within their likely range when tested; for this property that range is £219,000 to £368,000. It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 78 similar homes in the same postcode sector (25%). The confidence score is 50 out of 100 (medium): estimates like this one are typically within 13% of the eventual sale price.

It last sold in October 1996 for £62,750. The current estimate is 362% higher than that price. The current owner has held it for about 30 years.

The modelled value is down 1% over the past year and down 1% over the past five years.

Among 10 nearby properties Stede tracks in the SM7 area, estimated values run from £237,000 to £310,000. This flat's £290,000 sits around the middle of that range.

Common questions

How much is Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH worth?

Stede estimates Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH is worth £290,000 as of November 2026, within a likely range of £219,000 to £368,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH last sell?

It last sold in October 1996 for £62,750.

What type of property is Palmerston House, Flat 3, Basing Road, Banstead, Reigate And Banstead, Surrey, SM7 2AH?

It is recorded as a Flat / Maisonette on Basing Road in the SM7 postcode area.

How reliable is this estimate?

The confidence score is 50 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 13% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines its own last sale brought up to date with the House Price Index (75%) and recent sales of 78 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 1,742 real sales of similar homes.

  • Its sale in October 1996, brought up to today with the House Price Index£278,46675%
  • 78 similar homes sold recently in the same postcode sector£323,89325%

Estimate £290,000, likely £219,000 – £368,000

Read the full methodology and data sources →