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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
SM7 2LBHouse Prices / South East, Reigate and Banstead, Palmersfield Road
Last updated May 2026
Key Postcode Insights
SM7 2LB is a residential postcode situated on Palmersfield Road, Banstead, SM7 with 23 addresses.
It ranks as the 306th largest and 212th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 23 houses.
23
Properties
- Houses
Key Postcode Insights
SM7 2LB is a residential postcode situated on Palmersfield Road, Banstead, SM7 with 23 addresses.
It ranks as the 306th largest and 212th most expensive of the 439 postcodes in the SM7 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 23 houses.
23
Properties
- Houses
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House Pricesin SM7 2LB
Sale prices range from £548,686 for 3 bedroom freehold houses with a garden (904 ft2) to £809,875 for 4 bedroom freehold houses with a garden (1,797 ft2) .
Monthly rental prices range from £2,326 pcm for 3 bed houses to £3,147 pcm for 4 bed houses.
The gross rental yield is between 4.7% and 5.1%.
The average value per square foot is £520.
Average Sale Value
£639,801
Average Rental Value
£2,632 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£520 /ft2
Sales Market Trendsin SM7 2LB
The last sale in SM7 2LB sold for £660,000 on 18th July 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £639,801.
The SM7 2LB Sales Market has increased by 20.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3% | £639,801 |
| April 2025 | 1.7% | £659,282 |
| April 2024 | -2.6% | £648,443 |
| April 2023 | 0.3% | £665,617 |
| April 2022 | 11.4% | £663,313 |
| April 2021 | 4.7% | £595,233 |
| April 2020 | 4% | £568,317 |
| April 2019 | -0.5% | £546,535 |
| April 2018 | -0.8% | £549,529 |
| April 2017 | 3.9% | £553,845 |
| April 2016 | 10.8% | £533,251 |
| April 2015 | 7.9% | £481,444 |
| April 2014 | 11.8% | £446,360 |
| April 2013 | 6.5% | £399,380 |
| April 2012 | 2.2% | £374,881 |
| April 2011 | 1.1% | £366,909 |
| April 2010 | 10.2% | £363,037 |
| April 2009 | -10.5% | £329,402 |
| April 2008 | 3.4% | £367,895 |
| April 2007 | 0% | £355,942 |
Rental Market Trendsin SM7 2LB
The current average rental value in the postcode is £2,632.
The SM7 2LB Rental Market has increased by 47.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £2,632pcm |
| April 2025 | 5.1% | £2,548pcm |
| April 2024 | 2.3% | £2,424pcm |
| April 2023 | 14.8% | £2,369pcm |
| April 2022 | 6.4% | £2,064pcm |
| April 2021 | 4% | £1,939pcm |
| April 2020 | 5.5% | £1,865pcm |
| April 2019 | 2.4% | £1,768pcm |
| April 2018 | 2.6% | £1,726pcm |
| April 2017 | -5.8% | £1,683pcm |
| April 2016 | 5.7% | £1,786pcm |
| April 2015 | 5.9% | £1,690pcm |
| April 2014 | 3.2% | £1,596pcm |
| April 2013 | 8.1% | £1,546pcm |
| April 2012 | 4.7% | £1,430pcm |
| April 2011 | 3.2% | £1,365pcm |
| April 2010 | 3.1% | £1,324pcm |
| April 2009 | -3.8% | £1,284pcm |
| April 2008 | 6.3% | £1,334pcm |
| April 2007 | 0% | £1,255pcm |
Explore Propertiesin SM7 2LB, Palmersfield Road, Banstead, SM7
- 1, Palmersfield Road, Banstead, SM7 2LB4 bed early-century house
- 3, Palmersfield Road, Banstead, SM7 2LB
- 5, Palmersfield Road, Banstead, SM7 2LB
- 7, Palmersfield Road, Banstead, SM7 2LB
- 9, Palmersfield Road, Banstead, SM7 2LB4 bed early-century house
- 11, Palmersfield Road, Banstead, SM7 2LB4 bed early-century house
- 15, Palmersfield Road, Banstead, SM7 2LB
- 17, Palmersfield Road, Banstead, SM7 2LB
- 19, Palmersfield Road, Banstead, SM7 2LB
- 21, Palmersfield Road, Banstead, SM7 2LB3 bed early-century house
- 23, Palmersfield Road, Banstead, SM7 2LB3 bed early-century house
- 25, Palmersfield Road, Banstead, SM7 2LB4 bed early-century house
- 27, Palmersfield Road, Banstead, SM7 2LB4 bed early-century house
- 29, Palmersfield Road, Banstead, SM7 2LB
- 31, Palmersfield Road, Banstead, SM7 2LB
- 33, Palmersfield Road, Banstead, SM7 2LB3 bed early-century house
- 35, Palmersfield Road, Banstead, SM7 2LB
- 37, Palmersfield Road, Banstead, SM7 2LB
- 39, Palmersfield Road, Banstead, SM7 2LB
- 41, Palmersfield Road, Banstead, SM7 2LB
- 43, Palmersfield Road, Banstead, SM7 2LB3 bed early-century house
- 45, Palmersfield Road, Banstead, SM7 2LB4 bed house
- 47, Palmersfield Road, Banstead, SM7 2LB
Sales Historyin SM7 2LB
The last sale was on 18th July 2025 for £660,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 32 sales since 1995.
SM7 2LB has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Jul 2025£660,000 | 4 Bed HousePalmersfield Road9, Palmersfield Road, Banstead, SM7 2LB
Sold Mar 2021£567,000 | 3 Bed HousePalmersfield Road23, Palmersfield Road, Banstead, SM7 2LB
Sold Dec 2020£735,000 | 4 Bed HousePalmersfield Road25, Palmersfield Road, Banstead, SM7 2LB
Sold Apr 2020£635,000 | 4 Bed HousePalmersfield Road1, Palmersfield Road, Banstead, SM7 2LB
Sold Jul 2019£640,000 | 4 Bed HousePalmersfield Road27, Palmersfield Road, Banstead, SM7 2LB
Sold May 2019£660,000 | 4 Bed HousePalmersfield Road11, Palmersfield Road, Banstead, SM7 2LB
Sold Dec 2016£551,016 | 3 Bed HousePalmersfield Road43, Palmersfield Road, Banstead, SM7 2LB
Sold Feb 2015£495,000 | 3 Bed HousePalmersfield Road33, Palmersfield Road, Banstead, SM7 2LB
Sold Jul 2014£486,500 | 4 Bed HousePalmersfield Road27, Palmersfield Road, Banstead, SM7 2LB
Sold May 2014£480,000 | 3 Bed HousePalmersfield Road21, Palmersfield Road, Banstead, SM7 2LB
Sold Sep 2011£355,000 | 4 Bed HousePalmersfield Road11, Palmersfield Road, Banstead, SM7 2LB
Sold Sep 2007£399,950 | 4 Bed HousePalmersfield Road45, Palmersfield Road, Banstead, SM7 2LB
Sold Dec 2006£310,700 | 4 Bed HousePalmersfield Road25, Palmersfield Road, Banstead, SM7 2LB
Sold Oct 2006£330,000 | 3 Bed HousePalmersfield Road17, Palmersfield Road, Banstead, SM7 2LB
Sold Jul 2006£337,000 | 4 Bed HousePalmersfield Road9, Palmersfield Road, Banstead, SM7 2LB
Sold Feb 2006£315,000 | 3 Bed HousePalmersfield Road19, Palmersfield Road, Banstead, SM7 2LB
Sold Jul 2005£317,000 | 4 Bed HousePalmersfield Road1, Palmersfield Road, Banstead, SM7 2LB
Sold Sep 2002£265,000 | 3 Bed HousePalmersfield Road17, Palmersfield Road, Banstead, SM7 2LB
Sold Jul 2002£283,000 | 3 Bed HousePalmersfield Road37, Palmersfield Road, Banstead, SM7 2LB
Sold Nov 2001£242,000 | 3 Bed HousePalmersfield Road21, Palmersfield Road, Banstead, SM7 2LB
Sold Dec 2000£215,000 | 3 Bed HousePalmersfield Road17, Palmersfield Road, Banstead, SM7 2LB
Sold Jun 2000£225,000 | 4 Bed HousePalmersfield Road9, Palmersfield Road, Banstead, SM7 2LB
Sold Dec 1999£220,000 | 3 Bed HousePalmersfield Road21, Palmersfield Road, Banstead, SM7 2LB
Sold May 1999£160,000 | 3 Bed HousePalmersfield Road21, Palmersfield Road, Banstead, SM7 2LB
Sold Sep 1998£162,000 | 4 Bed HousePalmersfield Road15, Palmersfield Road, Banstead, SM7 2LB
Sold Aug 1998£167,500 | 4 Bed HousePalmersfield Road9, Palmersfield Road, Banstead, SM7 2LB
Sold Jul 1998£171,000 | 4 Bed HousePalmersfield Road45, Palmersfield Road, Banstead, SM7 2LB
Sold Apr 1998£165,000 | 4 Bed HousePalmersfield Road35, Palmersfield Road, Banstead, SM7 2LB
Sold Sep 1997£136,000 | 4 Bed HousePalmersfield Road27, Palmersfield Road, Banstead, SM7 2LB
Sold Jun 1997£151,000 | 4 Bed HousePalmersfield Road47, Palmersfield Road, Banstead, SM7 2LB
Sold Oct 1996£116,950 | 4 Bed HousePalmersfield Road5, Palmersfield Road, Banstead, SM7 2LB
Sold Feb 1996£118,500 | 3 Bed HousePalmersfield Road3, Palmersfield Road, Banstead, SM7 2LB
Nearby Postcodesto SM7 2LB
SM7 2LB is the 306th largest and the 212th most expensive postcode out of the 439 postcodes in the SM7 area.
- 54 mSM7 2LD, Palmersfield Road, Banstead, SM7SM7 2LD36 Addresses
- 86 mSM7 2JZ, Commonfield Road, Banstead, SM7SM7 2JZ40 Addresses
- 99 mSM7 2JW, Winkworth Road, Banstead, SM7SM7 2JW43 Addresses
- 129 mSM7 2JR, Commonfield Road, Banstead, SM7SM7 2JR27 Addresses
- 166 mSM7 2JY, Commonfield Road, Banstead, SM7SM7 2JY36 Addresses
- 169 mSM7 2QR, Winkworth Road, Banstead, SM7SM7 2QR31 Addresses
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Property Typesin SM7 2LB
- 1 house of an unknown age
- 9 early-century houses built between 1912 and 1935
- 13 other addresses of unknown type
- house (1)
- early-century house (9)
- Unknown (13)
Energy Efficiencyof properties in SM7 2LB
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (14)
Top 3 Most Expensive Saleson Palmersfield Road
Schools Nearbyto SM7 2LB
The nearest primary school to SM7 2LB is Banstead Community Junior School which is 959 metres away.
- 959mBanstead Community Junior School
- 1.0kmSt Anne's Catholic Primary School
- 1.1kmBanstead Infant School and Nursery
The nearest secondary school is The Beacon School which is 1.9 kilometres away.
- 1.9kmThe Beacon School
- 2.1kmHarris Academy Sutton
- 2.6kmOverton Grange School
More reading links
Public Transport Nearbyto SM7 2LB
The closest station to SM7 2LB is Banstead station which is 900 metres away.
- 947mBanstead
- 1.7kmBelmont
- 2.8kmEpsom Downs
- 3.0kmChipstead
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