Nork Way - SM7 1HL
Key Postcode Insights
SM7 1HL is a residential postcode situated on Nork Way, Banstead, SM7 with 8 addresses.
It ranks as the 109th largest and 331st most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £878,925
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £3,240pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £483/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
SM7 1HL is a residential postcode situated on Nork Way, Banstead, SM7 with 8 addresses.
It ranks as the 109th largest and 331st most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £878,925
- 10 Year change
- up 18.9%
- Ave. Rental Price
- £3,240pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £483/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin SM7 1HL
- 53A Nork Way
3 Bed Early-century House
- 53 Nork Way
4 Bed Mid-century House
- 55 Nork Way
Unknown
- 57 Nork Way
5 Bed Early-century House
- 59 Nork Way
5 Bed Early-century House
Sales Market Trends
The last sale in SM7 1HL sold for £800,000 on 11th January 2023. Since then prices are down an average of 4.7%.
The current average value in the postcode is £878,925.
The SM7 1HL Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £878,925 |
| June 2025 | 1% | £889,334 |
| June 2024 | -1.3% | £880,789 |
| June 2023 | -2.3% | £892,042 |
| June 2022 | 9.8% | £913,128 |
| June 2021 | 7.3% | £831,311 |
| June 2020 | 4.6% | £774,982 |
| June 2019 | 0.2% | £741,244 |
| June 2018 | -1.5% | £739,761 |
| June 2017 | 1.7% | £751,170 |
| June 2016 | 10% | £738,959 |
| June 2015 | 6.3% | £671,713 |
| June 2014 | 12.4% | £631,763 |
| June 2013 | 3.6% | £562,034 |
| June 2012 | 2% | £542,616 |
| June 2011 | -0.6% | £531,996 |
| June 2010 | 18.6% | £535,358 |
| June 2009 | -9.7% | £451,319 |
| June 2008 | 0.8% | £499,740 |
| June 2007 | 0% | £495,825 |
Rental Market Trends
The current average rental value in the postcode is £3,240.
The SM7 1HL Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £3,240pcm |
| June 2025 | 3.8% | £3,145pcm |
| June 2024 | 3.3% | £3,028pcm |
| June 2023 | 12.7% | £2,931pcm |
| June 2022 | 7.8% | £2,601pcm |
| June 2021 | 4.2% | £2,413pcm |
| June 2020 | 6% | £2,316pcm |
| June 2019 | 2.5% | £2,185pcm |
| June 2018 | 2.9% | £2,132pcm |
| June 2017 | -5.6% | £2,073pcm |
| June 2016 | 4.4% | £2,195pcm |
| June 2015 | 4% | £2,103pcm |
| June 2014 | 3.2% | £2,022pcm |
| June 2013 | 5.3% | £1,960pcm |
| June 2012 | 2% | £1,862pcm |
| June 2011 | 5.4% | £1,825pcm |
| June 2010 | 9.8% | £1,732pcm |
| June 2009 | -5.7% | £1,577pcm |
| June 2008 | 6.6% | £1,673pcm |
| June 2007 | 0% | £1,569pcm |
Sales History
The last sale was on 11th January 2023 for £800,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 6 sales since 1995.
SM7 1HL has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2023£800,000 | 4 Bed House53, Nork Way, Banstead, SM7 1HL53, Nork Way, Banstead, SM7 1HL
- Sold Aug 2022£1,011,000 | 5 Bed House59, Nork Way, Banstead, SM7 1HL59, Nork Way, Banstead, SM7 1HL
- Sold Aug 2022£961,000 | 4 Bed House61, Nork Way, Banstead, SM7 1HL61, Nork Way, Banstead, SM7 1HL
- Sold Feb 2019£530,000 | 3 Bed House53A, Nork Way, Banstead, SM7 1HL53A, Nork Way, Banstead, SM7 1HL
- Sold Apr 2010£525,000 | 5 Bed House57, Nork Way, Banstead, SM7 1HL57, Nork Way, Banstead, SM7 1HL
Nearby Postcodes
SM7 1HL is the 109th largest and the 331st most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 1NZ, Nork Gardens, Banstead, SM7SM7 1NZ21 Addresses|91 m away
- SM7 1PB, Nork Way, Banstead, SM7SM7 1PB27 Addresses|120 m away
- SM7 1ND, Hawthorn Close, Banstead, SM7SM7 1ND13 Addresses|134 m away
- SM7 1BN, Willow Close, Banstead, SM7SM7 1BN21 Addresses|136 m away
- SM7 1NY, Green Curve, Banstead, SM7SM7 1NY13 Addresses|139 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 3 other addresses of unknown type
- mid-century house (1)
- early-century house (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
Schools Nearby
- Banstead Infant School and Nursery700 m away
- Banstead Community Junior School700 m away
- Warren Mead Junior School900 m away
- The Beacon School1.2 km away
- Harris Academy Sutton2.8 km away
- Overton Grange School3.2 km away
More reading links
Public Transport Nearby
The closest station to SM7 1HL is Banstead station, which is 400 metres away.
- Banstead|400 m away
- Epsom Downs|1.6 km away
- Belmont|2.3 km away
- Tattenham Corner|2.7 km away
