SM7 2PE is a residential postcode situated on Avenue Road, Banstead, SM7 with 4 addresses.
It ranks as the 52nd largest and 91st most expensive of the 439 postcodes in the SM7 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 flats.
SM7 2PE is a residential postcode situated on Avenue Road, Banstead, SM7 with 4 addresses.
It ranks as the 52nd largest and 91st most expensive of the 439 postcodes in the SM7 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 4 properties: 4 flats.
Sale prices range from £281,364 for 2 bedroom leasehold flats (645 ft2) to £405,174 for 3 bedroom leasehold flats (1,410 ft2) .
Monthly rental prices range from £1,489 pcm for 2 bed flats to £1,935 pcm for 3 bed flats.
The gross rental yield is between 5.7% and 6.4%.
The average value per square foot is £298.
The last sale in SM7 2PE sold for £370,000 on 26th April 2018. Since then prices are up an average of 4.7%.
The current average value in the postcode is £366,660.
The SM7 2PE Sales Market has increased by 2.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.3% | £366,660 |
| April 2025 | 0.6% | £371,471 |
| April 2024 | -1.9% | £369,243 |
| April 2023 | -2.3% | £376,467 |
| April 2022 | 6.2% | £385,403 |
| April 2021 | 1.1% | £362,931 |
| April 2020 | 3.5% | £358,996 |
| April 2019 | -0.4% | £346,983 |
| April 2018 | -3.4% | £348,502 |
| April 2017 | 1.1% | £360,602 |
| April 2016 | 11.9% | £356,741 |
| April 2015 | 8.7% | £318,740 |
| April 2014 | 9.3% | £293,165 |
| April 2013 | 3.9% | £268,130 |
| April 2012 | 0.9% | £258,172 |
| April 2011 | 1.6% | £255,995 |
| April 2010 | 8% | £252,005 |
| April 2009 | -9.4% | £233,278 |
| April 2008 | 2.7% | £257,524 |
| April 2007 | 0% | £250,715 |
The current average rental value in the postcode is £1,793.
The SM7 2PE Rental Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.1% | £1,793pcm |
| April 2025 | 4.1% | £1,705pcm |
| April 2024 | 2.8% | £1,638pcm |
| April 2023 | 11.9% | £1,594pcm |
| April 2022 | 1.2% | £1,424pcm |
| April 2021 | 0.4% | £1,408pcm |
| April 2020 | 5% | £1,402pcm |
| April 2019 | 2.5% | £1,335pcm |
| April 2018 | 0% | £1,303pcm |
| April 2017 | -8.5% | £1,302pcm |
| April 2016 | 6.8% | £1,422pcm |
| April 2015 | 6.9% | £1,332pcm |
| April 2014 | 1% | £1,247pcm |
| April 2013 | 5.6% | £1,234pcm |
| April 2012 | 3.3% | £1,169pcm |
| April 2011 | 3.6% | £1,131pcm |
| April 2010 | 0.9% | £1,092pcm |
| April 2009 | -2.8% | £1,082pcm |
| April 2008 | 5.7% | £1,113pcm |
| April 2007 | 0% | £1,053pcm |
The last sale was on 26th April 2018 for £370,000 and since then the market in the area has increased by 4.7%. The postcode has had a total of 8 sales since 1995.
SM7 2PE has seen no sales in the last three years and no sales in the last twelve months.
SM7 2PE is the 52nd largest and the 91st most expensive postcode out of the 439 postcodes in the SM7 area.
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The closest station to SM7 2PE is Banstead station which is 1.3 kilometres away.
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