SM7 2AQ

Basing Road, Reigate and Banstead, South East

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SM7 2AQHouse Prices / South East, Reigate and Banstead, Basing Road

Name: SM7 2AQ
Address: SM7 2AQ, Reigate and Banstead, South East, SM7 2AQ, United Kingdom

Last updated May 2026

Key Postcode Insights

SM7 2AQ is a residential postcode situated on Basing Road, Banstead, SM7 with 14 addresses.

It ranks as the 205th largest and 39th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 14 properties: 14 flats.

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Flats

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Key Postcode Insights

SM7 2AQ is a residential postcode situated on Basing Road, Banstead, SM7 with 14 addresses.

It ranks as the 205th largest and 39th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 14 properties: 14 flats.

Properties

Flats

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Can I improve my house price estimate?

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House Pricesin SM7 2AQ

Sale prices range from £284,836 for 2 bedroom leasehold flats with a balcony (613 ft²) to £319,736 for 2 bedroom leasehold flats with a balcony (731 ft²) .

Monthly rental prices range from £1,403 pcm for 2 bed flats to £1,540 pcm for 2 bed flats.

The gross rental yield is between 5.8% and 5.9%.

The average value per square foot is £455.

Average Sale Value

£302,470

Average Rental Value

£1,473 pcm

Average Rental Yield

5.8% /year

Average Value Per Sqft

£455 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin SM7 2AQ

The last sale in SM7 2AQ sold for £300,000 on 28th February 2025. Since then prices are up an average of 0.1%.

The current average value in the postcode is £302,470.
The SM7 2AQ Sales Market has increased by 2.9% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-0.7%	£302,470
April 2025	0%	£304,678
April 2024	-2.1%	£304,715
April 2023	-2.1%	£311,125
April 2022	5.7%	£317,812
April 2021	1.2%	£300,757
April 2020	3.6%	£297,108
April 2019	-1.3%	£286,922
April 2018	-3.1%	£290,627
April 2017	2%	£299,940
April 2016	12%	£293,965
April 2015	8.4%	£262,584
April 2014	9.6%	£242,330
April 2013	3.7%	£221,015
April 2012	0.2%	£213,142
April 2011	0.8%	£212,785
April 2010	7.4%	£211,135
April 2009	-9.3%	£196,638
April 2008	3.5%	£216,816
April 2007	0%	£209,522

Rental Market Trendsin SM7 2AQ

The current average rental value in the postcode is £1,473.
The SM7 2AQ Rental Market has increased by 26.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	5.7%	£1,473pcm
April 2025	3.5%	£1,393pcm
April 2024	2.6%	£1,346pcm
April 2023	12.1%	£1,312pcm
April 2022	0.7%	£1,170pcm
April 2021	0.6%	£1,162pcm
April 2020	5.1%	£1,156pcm
April 2019	1.7%	£1,100pcm
April 2018	0.3%	£1,082pcm
April 2017	-7.6%	£1,079pcm
April 2016	6.8%	£1,168pcm
April 2015	6.5%	£1,093pcm
April 2014	1.3%	£1,026pcm
April 2013	5.4%	£1,013pcm
April 2012	2.6%	£961pcm
April 2011	2.8%	£937pcm
April 2010	0.3%	£912pcm
April 2009	-2.7%	£908pcm
April 2008	6.5%	£933pcm
April 2007	0%	£877pcm

Explore Buildingsin SM7 2AQ, Basing Road, Banstead, SM7

Macmillan House, Basing Road, Banstead, SM7 Modern building14 units

Sales History
in SM7 2AQ

The last sale was on 28th February 2025 for £300,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 24 sales since 1995.