SM7 1BY is a residential postcode situated on Hurley Close, Banstead, SM7 with 8 addresses.
It ranks as the 107th largest and 65th most expensive of the 439 postcodes in the SM7 area.
The postcode contains a total of 8 properties: 8 flats.
SM7 1BY is a residential postcode situated on Hurley Close, Banstead, SM7 with 8 addresses.
It ranks as the 107th largest and 65th most expensive of the 439 postcodes in the SM7 area.
The postcode contains a total of 8 properties: 8 flats.
Sale prices range from £318,254 for 2 bedroom leasehold flats (678 ft2) to £348,713 for 2 bedroom leasehold flats (800 ft2) .
Monthly rental prices range from £1,501 pcm for 2 bed flats to £1,605 pcm for 2 bed flats.
The gross rental yield is between 5.5% and 5.7%.
The average value per square foot is £459.
The last sale in SM7 1BY sold for £322,500 on 14th June 2024. Since then prices are down an average of 1.5%.
The current average value in the postcode is £332,455.
The SM7 1BY Sales Market has increased by 1.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.2% | £332,455 |
| April 2025 | 0.3% | £336,474 |
| April 2024 | -1.9% | £335,364 |
| April 2023 | -2.3% | £341,928 |
| April 2022 | 6.2% | £350,138 |
| April 2021 | 0.9% | £329,701 |
| April 2020 | 3.1% | £326,899 |
| April 2019 | -0.6% | £317,003 |
| April 2018 | -3.5% | £318,904 |
| April 2017 | 1% | £330,600 |
| April 2016 | 11.9% | £327,480 |
| April 2015 | 9.1% | £292,547 |
| April 2014 | 9.3% | £268,121 |
| April 2013 | 4% | £245,339 |
| April 2012 | 0.5% | £235,938 |
| April 2011 | 1.4% | £234,841 |
| April 2010 | 7.8% | £231,698 |
| April 2009 | -9.4% | £215,008 |
| April 2008 | 3.2% | £237,257 |
| April 2007 | 0% | £229,922 |
The current average rental value in the postcode is £1,550.
The SM7 1BY Rental Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.2% | £1,550pcm |
| April 2025 | 3.8% | £1,473pcm |
| April 2024 | 2.8% | £1,419pcm |
| April 2023 | 11.8% | £1,380pcm |
| April 2022 | 1.3% | £1,234pcm |
| April 2021 | 0.1% | £1,219pcm |
| April 2020 | 4.7% | £1,217pcm |
| April 2019 | 2.3% | £1,163pcm |
| April 2018 | -0.1% | £1,137pcm |
| April 2017 | -8.5% | £1,138pcm |
| April 2016 | 6.9% | £1,244pcm |
| April 2015 | 7.1% | £1,164pcm |
| April 2014 | 1% | £1,086pcm |
| April 2013 | 5.6% | £1,075pcm |
| April 2012 | 3% | £1,019pcm |
| April 2011 | 3.2% | £989pcm |
| April 2010 | 0.8% | £958pcm |
| April 2009 | -2.7% | £950pcm |
| April 2008 | 6.1% | £977pcm |
| April 2007 | 0% | £920pcm |
The last sale was on 14th June 2024 for £322,500 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 12 sales since 1995.
SM7 1BY has seen 1 sale in the last three years and no sales in the last twelve months.
SM7 1BY is the 107th largest and the 65th most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 1BY is Banstead station which is 1.0 kilometres away.
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