The Oval - SM7 2RA
Key Postcode Insights
SM7 2RA is a residential postcode situated on The Oval, Banstead, SM7 with 22 addresses.
It ranks as the 299th largest and 246th 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 22 properties: 22 houses.
- Ave. Sale Price
- £689,737
- 10 Year change
- up 19.7%
- Ave. Rental Price
- £2,642pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £595/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
SM7 2RA is a residential postcode situated on The Oval, Banstead, SM7 with 22 addresses.
It ranks as the 299th largest and 246th 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 22 properties: 22 houses.
- Ave. Sale Price
- £689,737
- 10 Year change
- up 19.7%
- Ave. Rental Price
- £2,642pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £595/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin SM7 2RA
- 18 The Oval
4 Bed Early-century House
- 20 The Oval
Unknown
- 22 The Oval
3 Bed Early-century House
- 24 The Oval
Unknown
- 26 The Oval
Unknown
Sales Market Trends
The last sale in SM7 2RA sold for £635,000 on 14th September 2023. Since then prices are down an average of 1.4%.
The current average value in the postcode is £689,737.
The SM7 2RA Sales Market has increased by 19.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £689,737 |
| June 2025 | 1.6% | £697,025 |
| June 2024 | -0.8% | £686,243 |
| June 2023 | -2.4% | £691,726 |
| June 2022 | 10% | £709,069 |
| June 2021 | 6.6% | £644,695 |
| June 2020 | 4.9% | £604,876 |
| June 2019 | 0.1% | £576,456 |
| June 2018 | -1.7% | £575,796 |
| June 2017 | 1.7% | £585,753 |
| June 2016 | 11.4% | £576,090 |
| June 2015 | 6.8% | £517,012 |
| June 2014 | 13.1% | £483,937 |
| June 2013 | 3.1% | £427,796 |
| June 2012 | 2.1% | £414,738 |
| June 2011 | -1.3% | £406,037 |
| June 2010 | 18.8% | £411,250 |
| June 2009 | -10.5% | £346,292 |
| June 2008 | 0.5% | £387,073 |
| June 2007 | 0% | £385,238 |
Rental Market Trends
The current average rental value in the postcode is £2,642.
The SM7 2RA Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,642pcm |
| June 2025 | 4.4% | £2,562pcm |
| June 2024 | 3.5% | £2,453pcm |
| June 2023 | 13.2% | £2,371pcm |
| June 2022 | 7.4% | £2,093pcm |
| June 2021 | 3.5% | £1,950pcm |
| June 2020 | 6.3% | £1,883pcm |
| June 2019 | 2.5% | £1,770pcm |
| June 2018 | 2.9% | £1,727pcm |
| June 2017 | -5.9% | £1,679pcm |
| June 2016 | 5.4% | £1,783pcm |
| June 2015 | 4.7% | £1,693pcm |
| June 2014 | 3.7% | £1,616pcm |
| June 2013 | 5.6% | £1,558pcm |
| June 2012 | 1.6% | £1,475pcm |
| June 2011 | 5.4% | £1,453pcm |
| June 2010 | 9% | £1,378pcm |
| June 2009 | -6.7% | £1,264pcm |
| June 2008 | 6.6% | £1,354pcm |
| June 2007 | 0% | £1,270pcm |
Sales History
The last sale was on 14th September 2023 for £635,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 26 sales since 1995.
SM7 2RA has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Sep 2023£635,000 | 4 Bed House30, The Oval, Banstead, SM7 2RA30, The Oval, Banstead, SM7 2RA
- Sold Apr 2023£730,000 | 4 Bed House52, The Oval, Banstead, SM7 2RA52, The Oval, Banstead, SM7 2RA
- Sold May 2021£625,000 | 3 Bed House22, The Oval, Banstead, SM7 2RA22, The Oval, Banstead, SM7 2RA
- Sold Nov 2020£550,000 | 3 Bed House48, The Oval, Banstead, SM7 2RA48, The Oval, Banstead, SM7 2RA
- Sold Dec 2019£528,500 | 3 Bed House34, The Oval, Banstead, SM7 2RA34, The Oval, Banstead, SM7 2RA
Nearby Postcodes
SM7 2RA is the 299th largest and the 246th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 2QY, The Oval, Banstead, SM7SM7 2QY24 Addresses|101 m away
- SM7 2QX, Lambert Road, Banstead, SM7SM7 2QX39 Addresses|102 m away
- SM7 2QW, Daniel Way, Banstead, SM7SM7 2QW8 Addresses|130 m away
- SM7 2QU, Lambert Road, Banstead, SM7SM7 2QU52 Addresses|135 m away
- SM7 2QD, Wilmot Way, Banstead, SM7SM7 2QD33 Addresses|150 m away
Property Types
- 1 house of an unknown age
- 14 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- house (1)
- early-century house (14)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (3)
- G (0)
- D (8)
- No EPC (8)
Top 3 Most Expensive Sales
Schools Nearby
- Banstead Community Junior School700 m away
- St Anne's Catholic Primary School700 m away
- Banstead Infant School and Nursery800 m away
- The Beacon School1.6 km away
- Harris Academy Sutton2.4 km away
- Overton Grange School2.9 km away
More reading links
Public Transport Nearby
The closest station to SM7 2RA is Banstead station, which is 900 metres away.
- Banstead|900 m away
- Belmont|2.0 km away
- Epsom Downs|2.7 km away
- Chipstead|2.9 km away
