SM7 2FA

Elizabeth Drive, Reigate and Banstead, South East

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SM7 2FAHouse Prices / South East, Reigate and Banstead, Elizabeth Drive

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

Last updated May 2026

Key Postcode Insights

SM7 2FA is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 42 addresses.

It ranks as the 420th largest and 43rd 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 42 properties: 42 flats.

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Flats

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Key Postcode Insights

SM7 2FA is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 42 addresses.

It ranks as the 420th largest and 43rd 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 42 properties: 42 flats.

Properties

Flats

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House Pricesin SM7 2FA

Sale prices range from £224,836 for 2 bedroom leasehold flats (419 ft²) to £405,693 for 3 bedroom leasehold flats (1,249 ft²) .

Monthly rental prices range from £1,186 pcm for 2 bed flats to £1,893 pcm for 3 bed flats.

The gross rental yield is between 5.6% and 6.3%.

The average value per square foot is £416.

Average Sale Value

£308,642

Average Rental Value

£1,538 pcm

Average Rental Yield

6.0% /year

Average Value Per Sqft

£416 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin SM7 2FA

The last sale in SM7 2FA sold for £235,000 on 30th September 2025. Since then prices are up an average of 0.7%.

The current average value in the postcode is £308,642.
The SM7 2FA Sales Market has increased by 1.0% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-1.4%	£308,642
April 2025	0.1%	£312,882
April 2024	-2.5%	£312,558
April 2023	-1.7%	£320,413
April 2022	5.7%	£326,075
April 2021	0.7%	£308,386
April 2020	3%	£306,307
April 2019	0.4%	£297,496
April 2018	-3.4%	£296,281
April 2017	0.4%	£306,792
April 2016	10%	£305,474
April 2015	10.3%	£277,610
April 2014	8.9%	£251,779
April 2013	4.9%	£231,296
April 2012	0.3%	£220,398
April 2011	3%	£219,748
April 2010	6.3%	£213,387
April 2009	-8.7%	£200,723
April 2008	3%	£219,935
April 2007	0%	£213,585

Rental Market Trendsin SM7 2FA

The current average rental value in the postcode is £1,538.
The SM7 2FA Rental Market has increased by 24.0% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	5%	£1,538pcm
April 2025	3.5%	£1,465pcm
April 2024	3%	£1,415pcm
April 2023	11.7%	£1,374pcm
April 2022	1.3%	£1,231pcm
April 2021	0.3%	£1,215pcm
April 2020	4.5%	£1,212pcm
April 2019	2.3%	£1,159pcm
April 2018	-0.3%	£1,133pcm
April 2017	-8.3%	£1,136pcm
April 2016	6.9%	£1,240pcm
April 2015	7.1%	£1,160pcm
April 2014	1%	£1,083pcm
April 2013	5.6%	£1,071pcm
April 2012	3.4%	£1,015pcm
April 2011	3.8%	£981pcm
April 2010	0.9%	£946pcm
April 2009	-3.2%	£937pcm
April 2008	5.7%	£968pcm
April 2007	0%	£916pcm

Explore Buildingsin SM7 2FA, Elizabeth Drive, Banstead, SM7

Rendel House, Elizabeth Drive, Banstead, SM7 Modern building42 units

Sales History
in SM7 2FA

The last sale was on 30th September 2025 for £235,000 and since then the market in the area has increased by 0.7%. The postcode has had a total of 86 sales since 1995.