The Oval - SM7 2QY
Key Postcode Insights
SM7 2QY is a residential postcode situated on The Oval, Banstead, SM7 with 24 addresses.
It ranks as the 320th largest and 62nd most expensive of the 438 postcodes in the SM7 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 9 houses and 15 flats.
- Ave. Sale Price
- £441,897
- 10 Year change
- up 10.8%
- Ave. Rental Price
- £1,959pcm
- 10 Year change
- up 37.1%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
SM7 2QY is a residential postcode situated on The Oval, Banstead, SM7 with 24 addresses.
It ranks as the 320th largest and 62nd most expensive of the 438 postcodes in the SM7 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 24 properties: 9 houses and 15 flats.
- Ave. Sale Price
- £441,897
- 10 Year change
- up 10.8%
- Ave. Rental Price
- £1,959pcm
- 10 Year change
- up 37.1%
- Ave. £ per ft²
- £400/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin SM7 2QY
- 1 The Oval
Flat
- 2 The Oval
Building  |  3 Flats
- 3 The Oval
Flat
- 4 The Oval
3 Bed Early-century House
- 5 The Oval
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SM7 2QY sold for £650,000 on 13th November 2024. Since then prices are up an average of 0.6%.
The current average value in the postcode is £441,897.
The SM7 2QY Sales Market has increased by 10.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.9% | £441,897 |
| June 2025 | 0.8% | £445,859 |
| June 2024 | -0.5% | £442,450 |
| June 2023 | -3% | £444,821 |
| June 2022 | 7.6% | £458,581 |
| June 2021 | 4.6% | £426,001 |
| June 2020 | 4.5% | £407,210 |
| June 2019 | -0.1% | £389,609 |
| June 2018 | -2.9% | £389,897 |
| June 2017 | 0.7% | £401,556 |
| June 2016 | 11.7% | £398,784 |
| June 2015 | 7.5% | £357,104 |
| June 2014 | 12.5% | £332,323 |
| June 2013 | 2.8% | £295,468 |
| June 2012 | 2.3% | £287,282 |
| June 2011 | -1.4% | £280,936 |
| June 2010 | 16.1% | £285,038 |
| June 2009 | -11% | £245,421 |
| June 2008 | 0.7% | £275,789 |
| June 2007 | 0% | £273,992 |
Rental Market Trends
The current average rental value in the postcode is £1,959.
The SM7 2QY Rental Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,959pcm |
| June 2025 | 3.6% | £1,897pcm |
| June 2024 | 3.8% | £1,831pcm |
| June 2023 | 12.6% | £1,765pcm |
| June 2022 | 5.1% | £1,567pcm |
| June 2021 | 1.6% | £1,491pcm |
| June 2020 | 5.9% | £1,467pcm |
| June 2019 | 2.3% | £1,385pcm |
| June 2018 | 1.6% | £1,354pcm |
| June 2017 | -6.8% | £1,332pcm |
| June 2016 | 5.6% | £1,429pcm |
| June 2015 | 5.4% | £1,353pcm |
| June 2014 | 3.1% | £1,285pcm |
| June 2013 | 5.3% | £1,246pcm |
| June 2012 | 1.7% | £1,183pcm |
| June 2011 | 5.2% | £1,164pcm |
| June 2010 | 6.6% | £1,105pcm |
| June 2009 | -7.2% | £1,037pcm |
| June 2008 | 6.8% | £1,117pcm |
| June 2007 | 0% | £1,046pcm |
Sales History
The last sale was on 13th November 2024 for £650,000 and since then the market in the area has increased by 0.6%. The postcode has had a total of 25 sales since 1995.
SM7 2QY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Nov 2024£650,000 | 3 Bed House4, The Oval, Banstead, SM7 2QY4, The Oval, Banstead, SM7 2QY
- Sold May 2023£635,000 | 2 Bed Flat2B, The Oval, Banstead, SM7 2QY2B, The Oval, Banstead, SM7 2QY
- Sold Jan 2022£327,000 | 2 Bed Flat23, The Oval, Banstead, SM7 2QY23, The Oval, Banstead, SM7 2QY
- Sold May 2021£295,000 | 2 Bed Flat9, The Oval, Banstead, SM7 2QY9, The Oval, Banstead, SM7 2QY
- Sold Jun 2013£430,000 | 3 Bed House8, The Oval, Banstead, SM7 2QY8, The Oval, Banstead, SM7 2QY
Nearby Postcodes
SM7 2QY is the 320th largest and the 62nd most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 2QL, Winkworth Road, Banstead, SM7SM7 2QL34 Addresses|68 m away
- SM7 2RA, The Oval, Banstead, SM7SM7 2RA22 Addresses|101 m away
- SM7 2QD, Wilmot Way, Banstead, SM7SM7 2QD33 Addresses|123 m away
- SM7 2QA, Wilmot Way, Banstead, SM7SM7 2QA29 Addresses|168 m away
- SM7 2QJ, Winkworth Road, Banstead, SM7SM7 2QJ28 Addresses|176 m away
Property Types
- 1 modern flat built after 1980
- 1 mid-century house built between 1936 and 1979
- 9 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 5 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- modern flat (1)
- mid-century house (1)
- mid-century flat (9)
- house (1)
- early-century house (5)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (12)
- G (0)
- D (3)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- Banstead Community Junior School700 m away
- St Anne's Catholic Primary School800 m away
- Banstead Infant School and Nursery800 m away
- The Beacon School1.6 km away
- Harris Academy Sutton2.3 km away
- Overton Grange School2.8 km away
More reading links
Public Transport Nearby
The closest station to SM7 2QY is Banstead station, which is 800 metres away.
- Banstead|800 m away
- Belmont|1.9 km away
- Epsom Downs|2.6 km away
- Chipstead|3.0 km away
