Elizabeth Drive - SM7 2BW
Key Postcode Insights
SM7 2BW is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 1 addresses.
It ranks as the 8th largest and 186th most expensive of the 438 postcodes in the SM7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £598,799
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £2,213pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £732/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
SM7 2BW is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 1 addresses.
It ranks as the 8th largest and 186th most expensive of the 438 postcodes in the SM7 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 1 properties: 1 house.
- Ave. Sale Price
- £598,799
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £2,213pcm
- 10 Year change
- up 48.3%
- Ave. £ per ft²
- £732/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Sales Market Trends
The last sale in SM7 2BW sold for £602,500 on 16th June 2023. Since then prices are down an average of 1.0%.
The current average value in the postcode is £598,799.
The SM7 2BW Sales Market has increased by 19.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £598,799 |
| June 2025 | 1.6% | £606,016 |
| June 2024 | -1.4% | £596,425 |
| June 2023 | -1.3% | £605,149 |
| June 2022 | 9.5% | £613,145 |
| June 2021 | 6.2% | £559,775 |
| June 2020 | 4.5% | £526,857 |
| June 2019 | 0.7% | £504,349 |
| June 2018 | -1.4% | £500,917 |
| June 2017 | 1.3% | £508,003 |
| June 2016 | 10% | £501,252 |
| June 2015 | 8% | £455,734 |
| June 2014 | 13.3% | £422,169 |
| June 2013 | 4.4% | £372,627 |
| June 2012 | 1.5% | £356,990 |
| June 2011 | 0.2% | £351,657 |
| June 2010 | 15.6% | £351,088 |
| June 2009 | -10.2% | £303,621 |
| June 2008 | 1.4% | £338,085 |
| June 2007 | 0% | £333,398 |
Rental Market Trends
The current average rental value in the postcode is £2,213.
The SM7 2BW Rental Market has increased by 48.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £2,213pcm |
| June 2025 | 4.6% | £2,141pcm |
| June 2024 | 3.6% | £2,047pcm |
| June 2023 | 13.3% | £1,976pcm |
| June 2022 | 7.3% | £1,744pcm |
| June 2021 | 3.5% | £1,625pcm |
| June 2020 | 6% | £1,569pcm |
| June 2019 | 2.3% | £1,480pcm |
| June 2018 | 2.7% | £1,447pcm |
| June 2017 | -5.6% | £1,408pcm |
| June 2016 | 5.8% | £1,492pcm |
| June 2015 | 5.2% | £1,410pcm |
| June 2014 | 4% | £1,340pcm |
| June 2013 | 5.7% | £1,288pcm |
| June 2012 | 1.7% | £1,219pcm |
| June 2011 | 5.3% | £1,198pcm |
| June 2010 | 8.5% | £1,138pcm |
| June 2009 | -7.4% | £1,049pcm |
| June 2008 | 6.6% | £1,132pcm |
| June 2007 | 0% | £1,062pcm |
Sales History
The last sale was on 16th June 2023 for £602,500 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 2 sales since 1995.
SM7 2BW has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
SM7 2BW is the 8th largest and the 186th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 2FE, Elizabeth Drive, Banstead, SM7SM7 2FE40 Addresses|68 m away
- SM7 2FA, Elizabeth Drive, Banstead, SM7SM7 2FA42 Addresses|85 m away
- SM7 2FB, Elizabeth Drive, Banstead, SM7SM7 2FB4 Addresses|93 m away
- SM7 2FD, Elizabeth Drive, Banstead, SM7SM7 2FD19 Addresses|102 m away
- SM7 2FF, Elizabeth Drive, Banstead, SM7SM7 2FF3 Addresses|114 m away
Property Types
- 1 modern house built after 1980
- modern house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jul 2016£985,000 | 3 Bed FlatFlat 2, The Art Gallery, Elizabeth Drive, Banstead, SM7 2FFFlat 2, The Art Gallery, Elizabeth Drive, Banstead, SM7 2FF
- Sold Oct 2009£610,000 | 3 Bed FlatFlat 2, The Art Gallery, Elizabeth Drive, Banstead, SM7 2FFFlat 2, The Art Gallery, Elizabeth Drive, Banstead, SM7 2FF
- Sold Jun 2023£602,500 | 3 Bed HouseThe Bothy, Elizabeth Drive, Banstead, SM7 2BWThe Bothy, Elizabeth Drive, Banstead, SM7 2BW
Schools Nearby
- St Anne's Catholic Primary School1.6 km away
- Banstead Community Junior School2.0 km away
- Banstead Infant School and Nursery2.0 km away
- The Beacon School1.9 km away
- Woodcote High School4.2 km away
- Harris Academy Sutton4.3 km away
More reading links
Public Transport Nearby
The closest station to SM7 2BW is Chipstead station, which is 1.5 kilometres away.
- Chipstead|1.5 km away
- Kingswood|2.1 km away
- Woodmansterne|2.8 km away
- Banstead|2.8 km away