Higher Drive - SM7 1PL
Key Postcode Insights
SM7 1PL is a residential postcode situated on Higher Drive, Banstead, SM7 with 22 addresses.
It ranks as the 296th largest and 431st 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 22 properties: 22 houses.
- Ave. Sale Price
- £1,400,156
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £3,849pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £509/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Key Postcode Insights
SM7 1PL is a residential postcode situated on Higher Drive, Banstead, SM7 with 22 addresses.
It ranks as the 296th largest and 431st 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 22 properties: 22 houses.
- Ave. Sale Price
- £1,400,156
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £3,849pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £509/ft²
- Ave. Gross Yield
- 3.3%/year/yr
Explore Propertiesin SM7 1PL
- 1 Higher Drive
5 Bed Mid-century House
- 5 Higher Drive
5 Bed Early-century House
- 7 Higher Drive
5 Bed Modern House
- 9 Higher Drive
5 Bed Early-century House
- 11 Higher Drive
5 Bed Mid-century House
Sales Market Trends
The last sale in SM7 1PL sold for £1,580,000 on 11th November 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £1,400,156.
The SM7 1PL Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.4% | £1,400,156 |
| June 2025 | 0.2% | £1,420,141 |
| June 2024 | -2.2% | £1,417,245 |
| June 2023 | -2.1% | £1,449,583 |
| June 2022 | 9.4% | £1,480,991 |
| June 2021 | 8.4% | £1,354,046 |
| June 2020 | 3.7% | £1,248,936 |
| June 2019 | -0.4% | £1,203,796 |
| June 2018 | -1.5% | £1,208,375 |
| June 2017 | 2.1% | £1,227,252 |
| June 2016 | 8.6% | £1,202,348 |
| June 2015 | 5.7% | £1,107,551 |
| June 2014 | 11.7% | £1,047,855 |
| June 2013 | 4.3% | £938,250 |
| June 2012 | 2.4% | £899,987 |
| June 2011 | 0% | £879,059 |
| June 2010 | 18.2% | £879,020 |
| June 2009 | -9% | £743,667 |
| June 2008 | 0.7% | £816,799 |
| June 2007 | 0% | £811,056 |
Rental Market Trends
The current average rental value in the postcode is £3,849.
The SM7 1PL Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £3,849pcm |
| June 2025 | 2.7% | £3,746pcm |
| June 2024 | 3.1% | £3,648pcm |
| June 2023 | 11.6% | £3,538pcm |
| June 2022 | 9.2% | £3,171pcm |
| June 2021 | 4.8% | £2,903pcm |
| June 2020 | 4.9% | £2,770pcm |
| June 2019 | 2.2% | £2,640pcm |
| June 2018 | 2.4% | £2,583pcm |
| June 2017 | -4.3% | £2,524pcm |
| June 2016 | 2.5% | £2,637pcm |
| June 2015 | 2.9% | £2,573pcm |
| June 2014 | 2.9% | £2,500pcm |
| June 2013 | 4.2% | £2,430pcm |
| June 2012 | 3.7% | £2,332pcm |
| June 2011 | 5.2% | £2,249pcm |
| June 2010 | 10.5% | £2,138pcm |
| June 2009 | -3.7% | £1,934pcm |
| June 2008 | 6.6% | £2,008pcm |
| June 2007 | 0% | £1,884pcm |
Sales History
The last sale was on 11th November 2025 for £1,580,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 31 sales since 1995.
SM7 1PL has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Nov 2025£1,580,000 | 5 Bed House25, Higher Drive, Banstead, SM7 1PL25, Higher Drive, Banstead, SM7 1PL
- Sold Jun 2024£1,500,000 | 5 Bed House33, Higher Drive, Banstead, SM7 1PL33, Higher Drive, Banstead, SM7 1PL
- Sold Jun 2024£1,792,500 | 5 Bed House17, Higher Drive, Banstead, SM7 1PL17, Higher Drive, Banstead, SM7 1PL
- Sold Nov 2023£1,400,000 | 5 Bed House35, Higher Drive, Banstead, SM7 1PL35, Higher Drive, Banstead, SM7 1PL
- Sold Dec 2021£1,720,000 | 5 Bed House9, Higher Drive, Banstead, SM7 1PL9, Higher Drive, Banstead, SM7 1PL
Nearby Postcodes
SM7 1PL is the 296th largest and the 431st most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 1PF, Higher Drive, Banstead, SM7SM7 1PF20 Addresses|141 m away
- SM7 1LL, Osier Way, Banstead, SM7SM7 1LL63 Addresses|204 m away
- SM7 1QE, Banstead Road, Banstead, SM7SM7 1QE23 Addresses|230 m away
- SM7 1NP, Beecholme, Banstead, SM7SM7 1NP53 Addresses|247 m away
- SM7 1NG, Fir Tree Road, Banstead, SM7SM7 1NG24 Addresses|313 m away
Property Types
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 11 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- modern house (1)
- mid-century house (3)
- early-century house (11)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (2)
- F (1)
- C (2)
- G (0)
- D (6)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Jan 2023£2,025,000 | 5 Bed House36, Higher Drive, Banstead, SM7 1PF36, Higher Drive, Banstead, SM7 1PF
- Sold Jun 2024£1,792,500 | 5 Bed House17, Higher Drive, Banstead, SM7 1PL17, Higher Drive, Banstead, SM7 1PL
- Sold Jun 2024£1,750,000 | 5 Bed House103, Higher Drive, Banstead, SM7 1PS103, Higher Drive, Banstead, SM7 1PS
Schools Nearby
- Warren Mead Junior School900 m away
- Warren Mead Infant School1.1 km away
- Banstead Infant School and Nursery1.1 km away
- The Beacon School1.7 km away
- Harris Academy Sutton2.6 km away
- Nonsuch High School for Girls2.8 km away
More reading links
Public Transport Nearby
The closest station to SM7 1PL is Banstead station, which is 400 metres away.
- Banstead|400 m away
- Epsom Downs|1.6 km away
- Belmont|2.0 km away
- Ewell East|2.3 km away
