SM7 2BR is a residential postcode situated on Basing Road, Banstead, SM7 with 6 addresses.
It ranks as the 79th largest and 72nd 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 6 properties: 6 flats.
SM7 2BR is a residential postcode situated on Basing Road, Banstead, SM7 with 6 addresses.
It ranks as the 79th largest and 72nd 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 6 properties: 6 flats.
Sale prices range from £331,883 for 2 bedroom leasehold flats with a balcony (697 ft2) to £357,124 for 2 bedroom leasehold flats with a balcony (796 ft2) .
Monthly rental prices range from £1,519 pcm for 2 bed flats to £1,603 pcm for 2 bed flats.
The gross rental yield is between 5.4% and 5.5%.
The average value per square foot is £461.
The last sale in SM7 2BR sold for £360,000 on 8th August 2025. Since then prices are up an average of 0.7%.
The current average value in the postcode is £345,090.
The SM7 2BR Sales Market has increased by 2.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.7% | £345,090 |
| April 2025 | 0% | £347,609 |
| April 2024 | -2.1% | £347,652 |
| April 2023 | -2.1% | £354,965 |
| April 2022 | 5.7% | £362,594 |
| April 2021 | 1.2% | £343,137 |
| April 2020 | 3.6% | £338,972 |
| April 2019 | -1.3% | £327,351 |
| April 2018 | -3.1% | £331,579 |
| April 2017 | 2% | £342,204 |
| April 2016 | 12% | £335,387 |
| April 2015 | 8.4% | £299,585 |
| April 2014 | 9.6% | £276,476 |
| April 2013 | 3.7% | £252,158 |
| April 2012 | 0.2% | £243,175 |
| April 2011 | 0.8% | £242,768 |
| April 2010 | 7.4% | £240,886 |
| April 2009 | -9.3% | £224,345 |
| April 2008 | 3.5% | £247,367 |
| April 2007 | 0% | £239,046 |
The current average rental value in the postcode is £1,564.
The SM7 2BR Rental Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.7% | £1,564pcm |
| April 2025 | 3.5% | £1,479pcm |
| April 2024 | 2.6% | £1,429pcm |
| April 2023 | 12.1% | £1,392pcm |
| April 2022 | 0.7% | £1,242pcm |
| April 2021 | 0.6% | £1,233pcm |
| April 2020 | 5.1% | £1,227pcm |
| April 2019 | 1.7% | £1,167pcm |
| April 2018 | 0.3% | £1,148pcm |
| April 2017 | -7.6% | £1,145pcm |
| April 2016 | 6.8% | £1,239pcm |
| April 2015 | 6.5% | £1,160pcm |
| April 2014 | 1.3% | £1,089pcm |
| April 2013 | 5.4% | £1,075pcm |
| April 2012 | 2.6% | £1,020pcm |
| April 2011 | 2.8% | £994pcm |
| April 2010 | 0.3% | £967pcm |
| April 2009 | -2.7% | £964pcm |
| April 2008 | 6.5% | £991pcm |
| April 2007 | 0% | £930pcm |
The last sale was on 8th August 2025 for £360,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 14 sales since 1995.
SM7 2BR has seen 1 sale in the last three years and 1 sale in the last twelve months.
SM7 2BR is the 79th largest and the 72nd most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 2BR is Banstead station which is 500 metres away.
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