Palmersfield Road - SM7 2LB
Key Postcode Insights
SM7 2LB is a residential postcode situated on Palmersfield Road, Banstead, SM7 with 23 addresses.
It ranks as the 305th largest and 227th most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £650,942
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £2,656pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
SM7 2LB is a residential postcode situated on Palmersfield Road, Banstead, SM7 with 23 addresses.
It ranks as the 305th largest and 227th most expensive of the 438 postcodes in the SM7 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 23 properties: 23 houses.
- Ave. Sale Price
- £650,942
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £2,656pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £527/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin SM7 2LB
- 1 Palmersfield Road
4 Bed Early-century House
- 3 Palmersfield Road
House
- 5 Palmersfield Road
House
- 7 Palmersfield Road
House
- 9 Palmersfield Road
4 Bed Early-century House
Sales Market Trends
The last sale in SM7 2LB sold for £660,000 on 18th July 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £650,942.
The SM7 2LB Sales Market has increased by 19.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £650,942 |
| June 2025 | 1.5% | £658,419 |
| June 2024 | -0.9% | £648,851 |
| June 2023 | -2.4% | £654,557 |
| June 2022 | 10% | £670,623 |
| June 2021 | 6.6% | £609,473 |
| June 2020 | 4.9% | £571,774 |
| June 2019 | 0.1% | £545,268 |
| June 2018 | -1.6% | £544,618 |
| June 2017 | 1.7% | £553,672 |
| June 2016 | 11.2% | £544,454 |
| June 2015 | 6.8% | £489,458 |
| June 2014 | 13.1% | £458,110 |
| June 2013 | 3.2% | £405,183 |
| June 2012 | 2.2% | £392,587 |
| June 2011 | -1.2% | £384,219 |
| June 2010 | 18.7% | £388,887 |
| June 2009 | -10.4% | £327,510 |
| June 2008 | 0.4% | £365,634 |
| June 2007 | 0% | £364,241 |
Rental Market Trends
The current average rental value in the postcode is £2,656.
The SM7 2LB Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,656pcm |
| June 2025 | 4.3% | £2,577pcm |
| June 2024 | 3.5% | £2,471pcm |
| June 2023 | 13.2% | £2,388pcm |
| June 2022 | 7.6% | £2,109pcm |
| June 2021 | 3.6% | £1,961pcm |
| June 2020 | 6.2% | £1,893pcm |
| June 2019 | 2.5% | £1,782pcm |
| June 2018 | 2.9% | £1,739pcm |
| June 2017 | -5.8% | £1,690pcm |
| June 2016 | 5.2% | £1,794pcm |
| June 2015 | 4.7% | £1,706pcm |
| June 2014 | 3.6% | £1,629pcm |
| June 2013 | 5.5% | £1,572pcm |
| June 2012 | 1.7% | £1,489pcm |
| June 2011 | 5.4% | £1,464pcm |
| June 2010 | 9.1% | £1,389pcm |
| June 2009 | -6.5% | £1,272pcm |
| June 2008 | 6.5% | £1,361pcm |
| June 2007 | 0% | £1,278pcm |
Sales History
The last sale was on 18th July 2025 for £660,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 32 sales since 1995.
SM7 2LB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2025£660,000 | 4 Bed House9, Palmersfield Road, Banstead, SM7 2LB9, Palmersfield Road, Banstead, SM7 2LB
- Sold Mar 2021£567,000 | 3 Bed House23, Palmersfield Road, Banstead, SM7 2LB23, Palmersfield Road, Banstead, SM7 2LB
- Sold Dec 2020£735,000 | 4 Bed House25, Palmersfield Road, Banstead, SM7 2LB25, Palmersfield Road, Banstead, SM7 2LB
- Sold Apr 2020£635,000 | 4 Bed House1, Palmersfield Road, Banstead, SM7 2LB1, Palmersfield Road, Banstead, SM7 2LB
- Sold Jul 2019£640,000 | 4 Bed House27, Palmersfield Road, Banstead, SM7 2LB27, Palmersfield Road, Banstead, SM7 2LB
Nearby Postcodes
SM7 2LB is the 305th largest and the 227th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 2LD, Palmersfield Road, Banstead, SM7SM7 2LD36 Addresses|54 m away
- SM7 2JZ, Commonfield Road, Banstead, SM7SM7 2JZ40 Addresses|86 m away
- SM7 2JW, Winkworth Road, Banstead, SM7SM7 2JW43 Addresses|99 m away
- SM7 2JR, Commonfield Road, Banstead, SM7SM7 2JR27 Addresses|129 m away
- SM7 2JY, Commonfield Road, Banstead, SM7SM7 2JY36 Addresses|166 m away
Property Types
- 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 Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (14)
Top 3 Most Expensive Sales
- Sold Jul 2022£885,000 | 4 Bed House46, Palmersfield Road, Banstead, SM7 2LD46, Palmersfield Road, Banstead, SM7 2LD
- Sold Sep 2021£785,000 | 4 Bed House58, Palmersfield Road, Banstead, SM7 2LD58, Palmersfield Road, Banstead, SM7 2LD
- Sold Dec 2020£735,000 | 4 Bed House25, Palmersfield Road, Banstead, SM7 2LB25, Palmersfield Road, Banstead, SM7 2LB
Schools Nearby
- Banstead Community Junior School1.0 km away
- St Anne's Catholic Primary School1.0 km away
- Banstead Infant School and Nursery1.1 km away
- The Beacon School1.9 km away
- Harris Academy Sutton2.1 km away
- Overton Grange School2.6 km away
More reading links
Public Transport Nearby
The closest station to SM7 2LB is Banstead station, which is 900 metres away.
- Banstead|900 m away
- Belmont|1.7 km away
- Epsom Downs|2.8 km away
- Chipstead|3.0 km away
