SM7 2FB

Elizabeth Drive, Reigate and Banstead, South East

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

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

Last updated May 2026

Key Postcode Insights

SM7 2FB is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 4 addresses.

It ranks as the 51st largest and 33rd 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 4 properties: 4 flats.

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Flats

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Key Postcode Insights

SM7 2FB is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 4 addresses.

It ranks as the 51st largest and 33rd 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 4 properties: 4 flats.

Properties

Flats

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Can I improve my house price estimate?

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House Pricesin SM7 2FB

Sale prices range from £277,676 for 2 bedroom leasehold flats (682 ft²) to £314,539 for 2 bedroom leasehold flats (538 ft²) .

Monthly rental prices range from £1,459 pcm for 2 bed flats to £1,553 pcm for 2 bed flats.

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

The average value per square foot is £401.

Average Sale Value

£295,090

Average Rental Value

£1,491 pcm

Average Rental Yield

6.1% /year

Average Value Per Sqft

£401 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin SM7 2FB

The last sale in SM7 2FB sold for £320,000 on 22nd April 2022. Since then prices are down an average of 4.5%.

The current average value in the postcode is £295,090.
The SM7 2FB Sales Market has increased by 2.0% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-1.1%	£295,090
April 2025	0.4%	£298,438
April 2024	-2.1%	£297,272
April 2023	-1.6%	£303,788
April 2022	5.9%	£308,869
April 2021	0.8%	£291,578
April 2020	2.7%	£289,128
April 2019	0%	£281,495
April 2018	-3.4%	£281,561
April 2017	0.7%	£291,463
April 2016	10.3%	£289,341
April 2015	10.4%	£262,305
April 2014	9.1%	£237,622
April 2013	4.8%	£217,885
April 2012	-0.4%	£207,829
April 2011	2.2%	£208,658
April 2010	5.8%	£204,229
April 2009	-8.6%	£193,118
April 2008	3.8%	£211,363
April 2007	0%	£203,669

Rental Market Trendsin SM7 2FB

The current average rental value in the postcode is £1,491.
The SM7 2FB Rental Market has increased by 25.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	5.2%	£1,491pcm
April 2025	3.8%	£1,418pcm
April 2024	3.3%	£1,365pcm
April 2023	11.8%	£1,322pcm
April 2022	1.5%	£1,183pcm
April 2021	0.4%	£1,165pcm
April 2020	4.3%	£1,160pcm
April 2019	1.9%	£1,113pcm
April 2018	-0.3%	£1,092pcm
April 2017	-8.1%	£1,095pcm
April 2016	7.1%	£1,191pcm
April 2015	7.3%	£1,112pcm
April 2014	1.2%	£1,036pcm
April 2013	5.5%	£1,024pcm
April 2012	2.7%	£971pcm
April 2011	2.9%	£945pcm
April 2010	0.4%	£918pcm
April 2009	-3%	£915pcm
April 2008	6.5%	£943pcm
April 2007	0%	£886pcm

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

Goodhart House, Elizabeth Drive, Banstead, SM7 Modern building4 units

Sales History
in SM7 2FB

The last sale was on 22nd April 2022 for £320,000 and since then the market in the area has decreased by 4.5%. The postcode has had a total of 7 sales since 1995.