SM7 2BT is a residential postcode situated on Holly Lane East, Banstead, SM7 with 24 addresses.
It ranks as the 318th largest and 96th 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 24 properties: 24 flats.
SM7 2BT is a residential postcode situated on Holly Lane East, Banstead, SM7 with 24 addresses.
It ranks as the 318th largest and 96th 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 24 properties: 24 flats.
Sale prices range from £366,972 for 2 bedroom leasehold flats with a balcony (659 ft2) to £589,256 for 3 bedroom leasehold flats with a balcony (1,410 ft2) .
Monthly rental prices range from £1,560 pcm for 2 bed flats to £2,266 pcm for 3 bed flats.
The gross rental yield is between 4.6% and 5.1%.
The average value per square foot is £517.
The last sale in SM7 2BT sold for £432,500 on 21st March 2024. Since then prices are down an average of 1.3%.
The current average value in the postcode is £420,253.
The SM7 2BT Sales Market has increased by 0.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £420,253 |
| April 2025 | -0.7% | £425,973 |
| April 2024 | -2.7% | £428,840 |
| April 2023 | -2.4% | £440,772 |
| April 2022 | 5.3% | £451,467 |
| April 2021 | 0.9% | £428,896 |
| April 2020 | 4.2% | £424,998 |
| April 2019 | -0.5% | £407,677 |
| April 2018 | -3.2% | £409,754 |
| April 2017 | 1.5% | £423,203 |
| April 2016 | 11.4% | £417,028 |
| April 2015 | 7.8% | £374,441 |
| April 2014 | 9.5% | £347,307 |
| April 2013 | 3.8% | £317,249 |
| April 2012 | 1.9% | £305,636 |
| April 2011 | 2.8% | £300,059 |
| April 2010 | 8.4% | £292,003 |
| April 2009 | -9.5% | £269,351 |
| April 2008 | 1.5% | £297,714 |
| April 2007 | 0% | £293,438 |
The current average rental value in the postcode is £1,744.
The SM7 2BT Rental Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.1% | £1,744pcm |
| April 2025 | 2.8% | £1,660pcm |
| April 2024 | 2% | £1,614pcm |
| April 2023 | 11.8% | £1,583pcm |
| April 2022 | 0.3% | £1,416pcm |
| April 2021 | 0.2% | £1,412pcm |
| April 2020 | 5.8% | £1,408pcm |
| April 2019 | 2.4% | £1,331pcm |
| April 2018 | 0.2% | £1,300pcm |
| April 2017 | -8.1% | £1,297pcm |
| April 2016 | 6.3% | £1,411pcm |
| April 2015 | 5.9% | £1,327pcm |
| April 2014 | 1.2% | £1,253pcm |
| April 2013 | 5.5% | £1,239pcm |
| April 2012 | 4.4% | £1,174pcm |
| April 2011 | 4.7% | £1,125pcm |
| April 2010 | 1.4% | £1,074pcm |
| April 2009 | -2.9% | £1,060pcm |
| April 2008 | 4.4% | £1,092pcm |
| April 2007 | 0% | £1,046pcm |
The last sale was on 21st March 2024 for £432,500 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 59 sales since 1995.
SM7 2BT has seen 3 sales in the last three years and no sales in the last twelve months.
SM7 2BT is the 318th largest and the 96th most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 2BT is Banstead station which is 1.9 kilometres away.
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