Garratts Lane - SM7 2ED
Key Postcode Insights
SM7 2ED is a residential postcode situated on Garratts Lane, Banstead, SM7 with 14 addresses.
It ranks as the 208th largest and 80th most expensive of the 438 postcodes in the SM7 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 6 houses and 8 flats.
- Ave. Sale Price
- £536,145
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £2,172pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £526/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
SM7 2ED is a residential postcode situated on Garratts Lane, Banstead, SM7 with 14 addresses.
It ranks as the 208th largest and 80th most expensive of the 438 postcodes in the SM7 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 14 properties: 6 houses and 8 flats.
- Ave. Sale Price
- £536,145
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £2,172pcm
- 10 Year change
- up 42.5%
- Ave. £ per ft²
- £526/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin SM7 2ED
- Chartham House
Modern Building | 8 Units
- 33 Garratts Lane
House
- 35 Garratts Lane
House
- 37 Garratts Lane
4 Bed Period House
- 45 Garratts Lane
3 Bed Modern House
Sales Market Trends
The last sale in SM7 2ED sold for £360,000 on 15th August 2025. Since then prices are up an average of 0.2%.
The current average value in the postcode is £536,145.
The SM7 2ED Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £536,145 |
| June 2025 | 0.6% | £541,491 |
| June 2024 | -0.8% | £538,307 |
| June 2023 | -2.9% | £542,733 |
| June 2022 | 8.8% | £558,881 |
| June 2021 | 6.3% | £513,683 |
| June 2020 | 4.6% | £483,117 |
| June 2019 | 0.1% | £461,714 |
| June 2018 | -2.1% | £461,130 |
| June 2017 | 1.2% | £470,894 |
| June 2016 | 10.9% | £465,521 |
| June 2015 | 6.5% | £419,860 |
| June 2014 | 12.1% | £394,382 |
| June 2013 | 3% | £351,802 |
| June 2012 | 2.2% | £341,581 |
| June 2011 | -1.3% | £334,084 |
| June 2010 | 18.2% | £338,336 |
| June 2009 | -10.3% | £286,339 |
| June 2008 | 0.8% | £319,055 |
| June 2007 | 0% | £316,504 |
Rental Market Trends
The current average rental value in the postcode is £2,172.
The SM7 2ED Rental Market has increased by 42.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,172pcm |
| June 2025 | 3.4% | £2,104pcm |
| June 2024 | 3.5% | £2,034pcm |
| June 2023 | 12.7% | £1,966pcm |
| June 2022 | 6.2% | £1,745pcm |
| June 2021 | 3.3% | £1,642pcm |
| June 2020 | 6% | £1,590pcm |
| June 2019 | 2.5% | £1,499pcm |
| June 2018 | 2.5% | £1,463pcm |
| June 2017 | -6.3% | £1,427pcm |
| June 2016 | 4.9% | £1,524pcm |
| June 2015 | 4.4% | £1,453pcm |
| June 2014 | 2.8% | £1,392pcm |
| June 2013 | 5.4% | £1,355pcm |
| June 2012 | 1.7% | £1,285pcm |
| June 2011 | 5.4% | £1,264pcm |
| June 2010 | 8.5% | £1,199pcm |
| June 2009 | -6.4% | £1,105pcm |
| June 2008 | 6.9% | £1,180pcm |
| June 2007 | 0% | £1,104pcm |
Sales History
The last sale was on 15th August 2025 for £360,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 20 sales since 1995.
SM7 2ED has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£360,000 | 2 Bed FlatFlat 1, Chartham House 39, Garratts Lane, Banstead, SM7 2EDFlat 1, Chartham House 39, Garratts Lane, Banstead, SM7 2ED
- Sold May 2023£310,000 | 2 Bed FlatFlat 5, Chartham House 39, Garratts Lane, Banstead, SM7 2EDFlat 5, Chartham House 39, Garratts Lane, Banstead, SM7 2ED
- Sold Dec 2022£375,000 | 2 Bed FlatFlat 4, Chartham House 39, Garratts Lane, Banstead, SM7 2EDFlat 4, Chartham House 39, Garratts Lane, Banstead, SM7 2ED
- Sold Oct 2022£899,500 | 4 Bed House37, Garratts Lane, Banstead, SM7 2ED37, Garratts Lane, Banstead, SM7 2ED
- Sold May 2022£385,000 | 2 Bed FlatFlat 8, Chartham House 39, Garratts Lane, Banstead, SM7 2EDFlat 8, Chartham House 39, Garratts Lane, Banstead, SM7 2ED
Nearby Postcodes
SM7 2ED is the 208th largest and the 80th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 2EF, Garratts Lane, Banstead, SM7SM7 2EF1 Addresses|22 m away
- SM7 2EH, Garratts Lane, Banstead, SM7SM7 2EH14 Addresses|48 m away
- SM7 2DY, Gerrards Mead, Banstead, SM7SM7 2DY3 Addresses|51 m away
- SM7 2ET, Diceland Road, Banstead, SM7SM7 2ET84 Addresses|86 m away
- SM7 2DJ, Douglas Mews, Banstead, SM7SM7 2DJ8 Addresses|101 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 modern houses built after 1980
- 8 modern flats built after 1980
- 2 other addresses of unknown type
- period house (1)
- modern house (3)
- modern flat (8)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (8)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Dec 2015£1,544,000 | 5 Bed House7, Garratts Lane, Banstead, SM7 2DZ7, Garratts Lane, Banstead, SM7 2DZ
- Sold Jan 2021£1,515,000 | 5 Bed House7, Garratts Lane, Banstead, SM7 2DZ7, Garratts Lane, Banstead, SM7 2DZ
- Sold Jul 2011£1,325,000 | 5 Bed House7, Garratts Lane, Banstead, SM7 2DZ7, Garratts Lane, Banstead, SM7 2DZ
Schools Nearby
- Banstead Infant School and Nursery400 m away
- Banstead Community Junior School400 m away
- St Anne's Catholic Primary School500 m away
- The Beacon School500 m away
- Harris Academy Sutton3.4 km away
- Overton Grange School3.9 km away
More reading links
Public Transport Nearby
The closest station to SM7 2ED is Banstead station, which is 1.3 kilometres away.
- Banstead|1.3 km away
- Epsom Downs|2.1 km away
- Tattenham Corner|2.5 km away
- Kingswood|2.6 km away
