Higher Drive - SM7 1PW
Key Postcode Insights
SM7 1PW is a residential postcode situated on Higher Drive, Banstead, SM7 with 22 addresses.
It ranks as the 297th largest and 433rd 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
- £1,482,890
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £4,009pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £572/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Key Postcode Insights
SM7 1PW is a residential postcode situated on Higher Drive, Banstead, SM7 with 22 addresses.
It ranks as the 297th largest and 433rd 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
- £1,482,890
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £4,009pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £572/ft²
- Ave. Gross Yield
- 3.2%/year/yr
Explore Propertiesin SM7 1PW
- 47 Higher Drive
Unknown
- 49 Higher Drive
Unknown
- 51 Higher Drive
5 Bed Early-century House
- 53 Higher Drive
Unknown
- 55 Higher Drive
5 Bed Mid-century House
Sales Market Trends
The last sale in SM7 1PW sold for £1,325,000 on 9th September 2024. Since then prices are down an average of 0.9%.
The current average value in the postcode is £1,482,890.
The SM7 1PW Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £1,482,890 |
| June 2025 | 0% | £1,502,731 |
| June 2024 | -2.2% | £1,502,641 |
| June 2023 | -2.2% | £1,537,046 |
| June 2022 | 9.2% | £1,571,395 |
| June 2021 | 8.8% | £1,439,063 |
| June 2020 | 3.7% | £1,322,727 |
| June 2019 | -0.4% | £1,275,572 |
| June 2018 | -1.5% | £1,281,025 |
| June 2017 | 2.1% | £1,300,001 |
| June 2016 | 8.5% | £1,273,342 |
| June 2015 | 5.4% | £1,173,549 |
| June 2014 | 11.5% | £1,113,154 |
| June 2013 | 4.3% | £998,066 |
| June 2012 | 2.4% | £957,237 |
| June 2011 | 0% | £934,951 |
| June 2010 | 18.3% | £935,309 |
| June 2009 | -8.9% | £790,721 |
| June 2008 | 1% | £868,291 |
| June 2007 | 0% | £860,084 |
Rental Market Trends
The current average rental value in the postcode is £4,009.
The SM7 1PW Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £4,009pcm |
| June 2025 | 2.5% | £3,899pcm |
| June 2024 | 3.1% | £3,804pcm |
| June 2023 | 11.5% | £3,690pcm |
| June 2022 | 9% | £3,309pcm |
| June 2021 | 5.2% | £3,034pcm |
| June 2020 | 4.9% | £2,886pcm |
| June 2019 | 2.1% | £2,751pcm |
| June 2018 | 2.4% | £2,694pcm |
| June 2017 | -4.3% | £2,629pcm |
| June 2016 | 2.4% | £2,747pcm |
| June 2015 | 2.7% | £2,682pcm |
| June 2014 | 2.7% | £2,612pcm |
| June 2013 | 4.2% | £2,543pcm |
| June 2012 | 3.7% | £2,439pcm |
| June 2011 | 5.2% | £2,352pcm |
| June 2010 | 10.6% | £2,237pcm |
| June 2009 | -3.7% | £2,023pcm |
| June 2008 | 6.9% | £2,100pcm |
| June 2007 | 0% | £1,965pcm |
Sales History
The last sale was on 9th September 2024 for £1,325,000 and since then the market in the area has decreased by 0.9%. The postcode has had a total of 18 sales since 1995.
SM7 1PW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Sep 2024£1,325,000 | 5 Bed House87, Higher Drive, Banstead, SM7 1PW87, Higher Drive, Banstead, SM7 1PW
- Sold Jun 2021£1,450,000 | 5 Bed House57, Higher Drive, Banstead, SM7 1PW57, Higher Drive, Banstead, SM7 1PW
- Sold Feb 2021£1,451,000 | 5 Bed House77, Higher Drive, Banstead, SM7 1PW77, Higher Drive, Banstead, SM7 1PW
- Sold Nov 2019£1,260,000 | 5 Bed House55, Higher Drive, Banstead, SM7 1PW55, Higher Drive, Banstead, SM7 1PW
- Sold Oct 2016£1,175,000 | 5 Bed House63, Higher Drive, Banstead, SM7 1PW63, Higher Drive, Banstead, SM7 1PW
Nearby Postcodes
SM7 1PW is the 297th largest and the 433rd most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 1PQ, Higher Drive, Banstead, SM7SM7 1PQ26 Addresses|198 m away
- SM7 1QG, Banstead Road, Banstead, SM7SM7 1QG29 Addresses|274 m away
- SM7 1QZ, Banstead Road, Banstead, SM7SM7 1QZ13 Addresses|305 m away
- SM7 1PF, Higher Drive, Banstead, SM7SM7 1PF20 Addresses|313 m away
- SM7 1PS, Higher Drive, Banstead, SM7SM7 1PS21 Addresses|359 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 9 early-century houses built between 1912 and 1935
- 10 other addresses of unknown type
- mid-century house (2)
- house (1)
- early-century house (9)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (9)
- No EPC (11)
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 School1.0 km away
- Warren Mead Infant School1.1 km away
- Banstead Infant School and Nursery1.5 km away
- The Beacon School2.0 km away
- Nonsuch High School for Girls2.5 km away
- Glyn School2.6 km away
More reading links
Public Transport Nearby
The closest station to SM7 1PW is Banstead station, which is 800 metres away.
- Banstead|800 m away
- Epsom Downs|1.5 km away
- Ewell East|1.9 km away
- Belmont|2.1 km away
