Nork Way - SM7 1JB
Key Postcode Insights
SM7 1JB is a residential postcode situated on Nork Way, Banstead, SM7 with 12 addresses.
It ranks as the 162nd largest and 81st most expensive of the 438 postcodes in the SM7 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £390,832
- 10 Year change
- up 7.0%
- Ave. Rental Price
- £1,702pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £454/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
SM7 1JB is a residential postcode situated on Nork Way, Banstead, SM7 with 12 addresses.
It ranks as the 162nd largest and 81st most expensive of the 438 postcodes in the SM7 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 1 house and 11 flats.
- Ave. Sale Price
- £390,832
- 10 Year change
- up 7.0%
- Ave. Rental Price
- £1,702pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £454/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin SM7 1JB
- 142 Nork Way
2 Bed Mid-century Flat
- 144 Nork Way
2 Bed Mid-century Flat
- 146 Nork Way
2 Bed Mid-century Flat
- 148 Nork Way
2 Bed Mid-century Flat
- 150 Nork Way
3 Bed Early-century Flat
Sales Market Trends
The last sale in SM7 1JB sold for £422,500 on 8th July 2022. Since then prices are down an average of 3.6%.
The current average value in the postcode is £390,832.
The SM7 1JB Sales Market has increased by 7.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £390,832 |
| June 2025 | 0.9% | £392,845 |
| June 2024 | -0.4% | £389,254 |
| June 2023 | -2.9% | £390,637 |
| June 2022 | 5.8% | £402,185 |
| June 2021 | 3.8% | £380,007 |
| June 2020 | 4.1% | £365,929 |
| June 2019 | -0.5% | £351,348 |
| June 2018 | -3.6% | £353,229 |
| June 2017 | 0.2% | £366,275 |
| June 2016 | 12% | £365,377 |
| June 2015 | 7.7% | £326,240 |
| June 2014 | 12.5% | £302,983 |
| June 2013 | 3.2% | £269,324 |
| June 2012 | 1.8% | £261,071 |
| June 2011 | -1.6% | £256,401 |
| June 2010 | 13% | £260,523 |
| June 2009 | -11.2% | £230,542 |
| June 2008 | 1.1% | £259,560 |
| June 2007 | 0% | £256,649 |
Rental Market Trends
The current average rental value in the postcode is £1,702.
The SM7 1JB Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,702pcm |
| June 2025 | 3.8% | £1,641pcm |
| June 2024 | 4.3% | £1,581pcm |
| June 2023 | 12% | £1,516pcm |
| June 2022 | 3.9% | £1,353pcm |
| June 2021 | 0.9% | £1,303pcm |
| June 2020 | 5.6% | £1,292pcm |
| June 2019 | 1.7% | £1,224pcm |
| June 2018 | 0.7% | £1,203pcm |
| June 2017 | -6.9% | £1,194pcm |
| June 2016 | 6.3% | £1,282pcm |
| June 2015 | 5.3% | £1,206pcm |
| June 2014 | 3.2% | £1,145pcm |
| June 2013 | 4.8% | £1,109pcm |
| June 2012 | 1.8% | £1,058pcm |
| June 2011 | 4.4% | £1,039pcm |
| June 2010 | 4.6% | £996pcm |
| June 2009 | -7.3% | £952pcm |
| June 2008 | 7% | £1,026pcm |
| June 2007 | 0% | £959pcm |
Sales History
The last sale was on 8th July 2022 for £422,500 and since then the market in the area has decreased by 3.6%. The postcode has had a total of 31 sales since 1995.
SM7 1JB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2022£422,500 | 2 Bed Flat144, Nork Way, Banstead, SM7 1JB144, Nork Way, Banstead, SM7 1JB
- Sold Jun 2022£390,000 | 2 Bed Flat154, Nork Way, Banstead, SM7 1JB154, Nork Way, Banstead, SM7 1JB
- Sold May 2022£415,000 | 2 Bed Flat156, Nork Way, Banstead, SM7 1JB156, Nork Way, Banstead, SM7 1JB
- Sold Jul 2019£315,000 | 2 Bed Flat148, Nork Way, Banstead, SM7 1JB148, Nork Way, Banstead, SM7 1JB
- Sold May 2018£360,000 | 3 Bed Flat150, Nork Way, Banstead, SM7 1JB150, Nork Way, Banstead, SM7 1JB
Nearby Postcodes
SM7 1JB is the 162nd largest and the 81st most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 1EL, Beacon Close, Banstead, SM7SM7 1EL10 Addresses|61 m away
- SM7 1HR, Nork Way, Banstead, SM7SM7 1HR34 Addresses|107 m away
- SM7 1EB, Beacon Way, Banstead, SM7SM7 1EB8 Addresses|113 m away
- SM7 1EA, Beacon Way, Banstead, SM7SM7 1EA14 Addresses|117 m away
- SM7 1JP, Parsonsfield Road, Banstead, SM7SM7 1JP20 Addresses|122 m away
Property Types
- 9 mid-century flats built between 1936 and 1979
- 2 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- mid-century flat (9)
- early-century flat (2)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (4)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Aug 2024£1,230,000 | 5 Bed House72, Nork Way, Banstead, SM7 1HW72, Nork Way, Banstead, SM7 1HW
- Sold Feb 2022£1,200,000 | 4 Bed House79, Nork Way, Banstead, SM7 1HN79, Nork Way, Banstead, SM7 1HN
- Sold Mar 2022£1,176,200 | 5 Bed House38, Nork Way, Banstead, SM7 1HW38, Nork Way, Banstead, SM7 1HW
Schools Nearby
- Warren Mead Infant School400 m away
- Warren Mead Junior School500 m away
- Banstead Infant School and Nursery1.0 km away
- The Beacon School900 m away
- Glyn School3.4 km away
- Harris Academy Sutton3.7 km away
More reading links
Public Transport Nearby
The closest station to SM7 1JB is Epsom Downs station, which is 1.1 kilometres away.
- Epsom Downs|1.1 km away
- Banstead|1.3 km away
- Tattenham Corner|1.8 km away
- Kingswood|3.0 km away
