SM7 2FE

Elizabeth Drive, Reigate and Banstead, South East

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

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

Last updated May 2026

Key Postcode Insights

SM7 2FE is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 40 addresses.

It ranks as the 415th largest and 57th 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 40 properties: 40 flats.

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Flats

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Key Postcode Insights

SM7 2FE is a residential postcode situated on Elizabeth Drive, Banstead, SM7 with 40 addresses.

It ranks as the 415th largest and 57th 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 40 properties: 40 flats.

Properties

Flats

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House Pricesin SM7 2FE

Sale prices range from £249,140 for 2 bedroom leasehold flats (473 ft²) to £420,337 for 3 bedroom leasehold flats (1,245 ft²) .

Monthly rental prices range from £1,279 pcm for 2 bed flats to £1,911 pcm for 3 bed flats.

The gross rental yield is between 5.5% and 6.2%.

The average value per square foot is £427.

Average Sale Value

£312,292

Average Rental Value

£1,531 pcm

Average Rental Yield

5.9% /year

Average Value Per Sqft

£427 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin SM7 2FE

The last sale in SM7 2FE sold for £315,000 on 19th December 2025. Since then prices are up an average of 1.0%.

The current average value in the postcode is £312,292.
The SM7 2FE 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%	£312,292
April 2025	0.1%	£316,582
April 2024	-2.5%	£316,254
April 2023	-1.7%	£324,202
April 2022	5.7%	£329,930
April 2021	0.7%	£312,032
April 2020	3%	£309,929
April 2019	0.4%	£301,014
April 2018	-3.4%	£299,785
April 2017	0.4%	£310,420
April 2016	10%	£309,086
April 2015	10.3%	£280,893
April 2014	8.9%	£254,756
April 2013	4.9%	£234,031
April 2012	0.3%	£223,004
April 2011	3%	£222,347
April 2010	6.3%	£215,910
April 2009	-8.7%	£203,097
April 2008	3%	£222,536
April 2007	0%	£216,110

Rental Market Trendsin SM7 2FE

The current average rental value in the postcode is £1,531.
The SM7 2FE 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%	£1,531pcm
April 2025	3.5%	£1,459pcm
April 2024	3%	£1,409pcm
April 2023	11.7%	£1,369pcm
April 2022	1.3%	£1,226pcm
April 2021	0.3%	£1,210pcm
April 2020	4.5%	£1,207pcm
April 2019	2.3%	£1,154pcm
April 2018	-0.3%	£1,128pcm
April 2017	-8.3%	£1,132pcm
April 2016	6.9%	£1,235pcm
April 2015	7.1%	£1,155pcm
April 2014	1%	£1,078pcm
April 2013	5.6%	£1,067pcm
April 2012	3.4%	£1,011pcm
April 2011	3.8%	£977pcm
April 2010	0.9%	£942pcm
April 2009	-3.2%	£933pcm
April 2008	5.7%	£964pcm
April 2007	0%	£912pcm

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

Elizabeth House, Elizabeth Drive, Banstead, SM7 Modern building40 units

Sales History
in SM7 2FE

The last sale was on 19th December 2025 for £315,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 90 sales since 1995.