SM7 1BH is a residential postcode situated on Magnolia Drive, Banstead, SM7 with 8 addresses.
It ranks as the 105th largest and 44th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
SM7 1BH is a residential postcode situated on Magnolia Drive, Banstead, SM7 with 8 addresses.
It ranks as the 105th largest and 44th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £300,498 for 2 bedroom leasehold flats (678 ft2) to £358,144 for 3 bedroom leasehold flats (925 ft2) .
Monthly rental prices range from £1,489 pcm for 2 bed flats to £1,744 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 5.9%.
The average value per square foot is £431.
The last sale in SM7 1BH sold for £330,000 on 16th May 2024. Since then prices are down an average of 1.3%.
The current average value in the postcode is £317,192.
The SM7 1BH Sales Market has increased by 0.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.4% | £317,192 |
| April 2025 | 0.1% | £321,561 |
| April 2024 | -2.1% | £321,098 |
| April 2023 | -2.4% | £328,019 |
| April 2022 | 6.1% | £336,135 |
| April 2021 | 0.8% | £316,870 |
| April 2020 | 3.3% | £314,484 |
| April 2019 | -0.4% | £304,419 |
| April 2018 | -3.6% | £305,494 |
| April 2017 | 0.8% | £316,763 |
| April 2016 | 11.8% | £314,310 |
| April 2015 | 9% | £281,187 |
| April 2014 | 9.2% | £258,014 |
| April 2013 | 4% | £236,276 |
| April 2012 | 0.9% | £227,130 |
| April 2011 | 1.9% | £225,020 |
| April 2010 | 8.1% | £220,841 |
| April 2009 | -9.4% | £204,296 |
| April 2008 | 2.6% | £225,599 |
| April 2007 | 0% | £219,802 |
The current average rental value in the postcode is £1,555.
The SM7 1BH Rental Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £1,555pcm |
| April 2025 | 3.6% | £1,481pcm |
| April 2024 | 2.6% | £1,429pcm |
| April 2023 | 11.7% | £1,392pcm |
| April 2022 | 1.1% | £1,246pcm |
| April 2021 | 0% | £1,232pcm |
| April 2020 | 4.9% | £1,231pcm |
| April 2019 | 2.5% | £1,174pcm |
| April 2018 | -0.2% | £1,145pcm |
| April 2017 | -8.7% | £1,147pcm |
| April 2016 | 6.7% | £1,256pcm |
| April 2015 | 7% | £1,177pcm |
| April 2014 | 0.9% | £1,099pcm |
| April 2013 | 5.6% | £1,089pcm |
| April 2012 | 3.5% | £1,031pcm |
| April 2011 | 3.8% | £996pcm |
| April 2010 | 1.1% | £960pcm |
| April 2009 | -2.8% | £949pcm |
| April 2008 | 5.5% | £977pcm |
| April 2007 | 0% | £925pcm |
The last sale was on 16th May 2024 for £330,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 13 sales since 1995.
SM7 1BH has seen 2 sales in the last three years and no sales in the last twelve months.
SM7 1BH is the 105th largest and the 44th most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 1BH is Banstead station which is 1.1 kilometres away.
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