Nork Way - SM7 1PB
Key Postcode Insights
SM7 1PB is a residential postcode situated on Nork Way, Banstead, SM7 with 27 addresses.
It ranks as the 347th largest and 9th most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 27 properties: 2 houses and 25 flats.
- Ave. Sale Price
- £254,145
- 10 Year change
- up 7.3%
- Ave. Rental Price
- £1,307pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £370/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
SM7 1PB is a residential postcode situated on Nork Way, Banstead, SM7 with 27 addresses.
It ranks as the 347th largest and 9th most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century flat built between 1912 and 1935.
The postcode contains a total of 27 properties: 2 houses and 25 flats.
- Ave. Sale Price
- £254,145
- 10 Year change
- up 7.3%
- Ave. Rental Price
- £1,307pcm
- 10 Year change
- up 33.1%
- Ave. £ per ft²
- £370/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin SM7 1PB
- 1A Nork Way
3 Bed Early-century Flat
- 3A Nork Way
2 Bed Early-century Flat
- 5A Nork Way
1 Bed Modern Flat
- 7A Nork Way
2 Bed Mid-century Flat
- 9A Nork Way
2 Bed Early-century Flat
Sales Market Trends
The last sale in SM7 1PB sold for £163,000 on 9th September 2024. Since then prices are down an average of 1.4%.
The current average value in the postcode is £254,145.
The SM7 1PB Sales Market has increased by 7.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £254,145 |
| June 2025 | 1.2% | £255,275 |
| June 2024 | -0.1% | £252,341 |
| June 2023 | -2.7% | £252,699 |
| June 2022 | 5.7% | £259,818 |
| June 2021 | 4.2% | £245,814 |
| June 2020 | 4% | £235,963 |
| June 2019 | -1% | £226,954 |
| June 2018 | -3.5% | £229,232 |
| June 2017 | 0.3% | £237,637 |
| June 2016 | 12.5% | £236,913 |
| June 2015 | 7.5% | £210,642 |
| June 2014 | 12.8% | £195,894 |
| June 2013 | 3% | £173,689 |
| June 2012 | 1.6% | £168,556 |
| June 2011 | -2.2% | £165,956 |
| June 2010 | 12.4% | £169,681 |
| June 2009 | -11% | £151,004 |
| June 2008 | 1.5% | £169,750 |
| June 2007 | 0% | £167,222 |
Rental Market Trends
The current average rental value in the postcode is £1,307.
The SM7 1PB Rental Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,307pcm |
| June 2025 | 4% | £1,260pcm |
| June 2024 | 4.5% | £1,211pcm |
| June 2023 | 12.2% | £1,159pcm |
| June 2022 | 3.7% | £1,033pcm |
| June 2021 | 1.2% | £996pcm |
| June 2020 | 5.4% | £984pcm |
| June 2019 | 1.3% | £934pcm |
| June 2018 | 0.8% | £922pcm |
| June 2017 | -6.8% | £915pcm |
| June 2016 | 6.7% | £982pcm |
| June 2015 | 5.2% | £920pcm |
| June 2014 | 3.5% | £875pcm |
| June 2013 | 4.7% | £845pcm |
| June 2012 | 1.6% | £807pcm |
| June 2011 | 3.7% | £794pcm |
| June 2010 | 4% | £766pcm |
| June 2009 | -7.1% | £736pcm |
| June 2008 | 7.4% | £793pcm |
| June 2007 | 0% | £738pcm |
Sales History
The last sale was on 9th September 2024 for £163,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 29 sales since 1995.
SM7 1PB has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2024£163,000 | 2 Bed FlatFlat C, 19, Nork Way, Banstead, SM7 1PBFlat C, 19, Nork Way, Banstead, SM7 1PB
- Sold Sep 2024£163,000 | 2 Bed FlatFlat D, 19, Nork Way, Banstead, SM7 1PBFlat D, 19, Nork Way, Banstead, SM7 1PB
- Sold Jul 2024£249,000 | 2 Bed Flat21A, Nork Way, Banstead, SM7 1PB21A, Nork Way, Banstead, SM7 1PB
- Sold Apr 2022£300,000 | 3 Bed Flat47A, Nork Way, Banstead, SM7 1PB47A, Nork Way, Banstead, SM7 1PB
- Sold Sep 2021£187,000 | 2 Bed Flat17A, Nork Way, Banstead, SM7 1PB17A, Nork Way, Banstead, SM7 1PB
Nearby Postcodes
SM7 1PB is the 347th largest and the 9th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 1RP, Eastgate, Banstead, SM7SM7 1RP33 Addresses|39 m away
- SM7 1NZ, Nork Gardens, Banstead, SM7SM7 1NZ21 Addresses|73 m away
- SM7 1RN, Eastgate, Banstead, SM7SM7 1RN10 Addresses|74 m away
- SM7 1ND, Hawthorn Close, Banstead, SM7SM7 1ND13 Addresses|78 m away
- SM7 1RW, Eastgate, Banstead, SM7SM7 1RW21 Addresses|91 m away
Property Types
- 1 modern flat built after 1980
- 2 mid-century flats built between 1936 and 1979
- 20 early-century flats built between 1912 and 1935
- 4 other addresses of unknown type
- modern flat (1)
- mid-century flat (2)
- early-century flat (20)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (7)
- G (0)
- D (11)
- No EPC (4)
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
- Banstead Infant School and Nursery700 m away
- Banstead Community Junior School800 m away
- Warren Mead Junior School1.0 km away
- The Beacon School1.3 km away
- Harris Academy Sutton2.7 km away
- Overton Grange School3.1 km away
More reading links
Public Transport Nearby
The closest station to SM7 1PB is Banstead station, which is 300 metres away.
- Banstead|300 m away
- Epsom Downs|1.7 km away
- Belmont|2.2 km away
- Ewell East|2.7 km away
