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Registered Address: 2 Leman St, London E1 8FA
SM7 3BQHouse Prices / South East, Reigate and Banstead, South Drive
Last updated May 2026
Key Postcode Insights
SM7 3BQ is a residential postcode situated on South Drive, Banstead, SM7 with 9 addresses.
It ranks as the 132nd largest and 299th 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 9 properties: 9 houses.
9
Properties
- Houses
Key Postcode Insights
SM7 3BQ is a residential postcode situated on South Drive, Banstead, SM7 with 9 addresses.
It ranks as the 132nd largest and 299th 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 9 properties: 9 houses.
9
Properties
- Houses
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House Pricesin SM7 3BQ
Sale prices range from £650,883 for 3 bedroom freehold houses with a garden (1,119 ft2) to £976,046 for 5 bedroom freehold houses with a garden (2,281 ft2) .
Monthly rental prices range from £2,561 pcm for 3 bed houses to £3,437 pcm for 5 bed houses.
The gross rental yield is between 4.2% and 4.8%.
The average value per square foot is £528.
Average Sale Value
£793,968
Average Rental Value
£2,997 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£528 /ft2
Sales Market Trendsin SM7 3BQ
The last sale in SM7 3BQ sold for £950,000 on 19th December 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £793,968.
The SM7 3BQ Sales Market has increased by 18.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.3% | £793,968 |
| April 2025 | 0.9% | £821,291 |
| April 2024 | -2.7% | £814,324 |
| April 2023 | 0.8% | £836,502 |
| April 2022 | 10.5% | £829,979 |
| April 2021 | 5.7% | £751,059 |
| April 2020 | 2.7% | £710,490 |
| April 2019 | -0.4% | £691,528 |
| April 2018 | -0.1% | £693,993 |
| April 2017 | 3.7% | £694,607 |
| April 2016 | 10.2% | £669,638 |
| April 2015 | 8.5% | £607,460 |
| April 2014 | 12.3% | £559,895 |
| April 2013 | 8.3% | £498,628 |
| April 2012 | 2.8% | £460,569 |
| April 2011 | 0.7% | £448,110 |
| April 2010 | 10.7% | £445,026 |
| April 2009 | -12.5% | £402,094 |
| April 2008 | 3.5% | £459,640 |
| April 2007 | 0% | £444,236 |
Rental Market Trendsin SM7 3BQ
The current average rental value in the postcode is £2,997.
The SM7 3BQ Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.6% | £2,997pcm |
| April 2025 | 3.8% | £2,922pcm |
| April 2024 | 3.6% | £2,816pcm |
| April 2023 | 14% | £2,719pcm |
| April 2022 | 7.5% | £2,385pcm |
| April 2021 | 5% | £2,219pcm |
| April 2020 | 4% | £2,113pcm |
| April 2019 | 2.3% | £2,031pcm |
| April 2018 | 2% | £1,986pcm |
| April 2017 | -4.7% | £1,948pcm |
| April 2016 | 5.3% | £2,044pcm |
| April 2015 | 5.9% | £1,941pcm |
| April 2014 | 3.5% | £1,834pcm |
| April 2013 | 9.1% | £1,772pcm |
| April 2012 | 5.1% | £1,624pcm |
| April 2011 | 3.6% | £1,545pcm |
| April 2010 | 4% | £1,490pcm |
| April 2009 | -5.6% | £1,433pcm |
| April 2008 | 6.7% | £1,518pcm |
| April 2007 | 0% | £1,422pcm |
Explore Propertiesin SM7 3BQ, South Drive, Banstead, SM7
- 1, South Drive, Banstead, SM7 3BQ4 bed early-century house
- 3, South Drive, Banstead, SM7 3BQ4 bed house
- 5, South Drive, Banstead, SM7 3BQ
- 7, South Drive, Banstead, SM7 3BQ
- 9, South Drive, Banstead, SM7 3BQ
- 11, South Drive, Banstead, SM7 3BQ
- 13, South Drive, Banstead, SM7 3BQ5 bed modern house
- 15, South Drive, Banstead, SM7 3BQ3 bed early-century house
- 17, South Drive, Banstead, SM7 3BQ5 bed early-century house
Sales Historyin SM7 3BQ
The last sale was on 19th December 2025 for £950,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 10 sales since 1995.
SM7 3BQ has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Dec 2025£950,000 | 5 Bed HouseSouth Drive13, South Drive, Banstead, SM7 3BQ
Sold Nov 2021£865,000 | 4 Bed HouseSouth Drive1, South Drive, Banstead, SM7 3BQ
Sold Nov 2017£525,000 | 4 Bed HouseSouth Drive1, South Drive, Banstead, SM7 3BQ
Sold Oct 2014£250,000 | 5 Bed HouseSouth Drive13, South Drive, Banstead, SM7 3BQ
Sold Aug 2012£390,000 | 4 Bed HouseSouth Drive3, South Drive, Banstead, SM7 3BQ
Sold Mar 2011£350,000 | 4 Bed HouseSouth Drive3, South Drive, Banstead, SM7 3BQ
Sold Jan 2006£325,000 | 4 Bed HouseSouth Drive9, South Drive, Banstead, SM7 3BQ
Sold Nov 2003£350,000 | 4 Bed HouseSouth Drive3, South Drive, Banstead, SM7 3BQ
Sold Dec 1998£157,000 | 4 Bed HouseSouth Drive9, South Drive, Banstead, SM7 3BQ
Sold Apr 1996£149,000 | 4 Bed HouseSouth Drive7, South Drive, Banstead, SM7 3BQ
Nearby Postcodesto SM7 3BQ
SM7 3BQ is the 132nd largest and the 299th most expensive postcode out of the 439 postcodes in the SM7 area.
- 53 mSM7 3BH, South Drive, Banstead, SM7SM7 3BH11 Addresses
- 134 mSM7 3BJ, Croydon Lane, Banstead, SM7SM7 3BJ6 Addresses
- 135 mSM7 3BG, Croydon Lane, Banstead, SM7SM7 3BG8 Addresses
- 164 mSM7 3BL, Lipsham Close, Banstead, SM7SM7 3BL24 Addresses
- 175 mSM7 3AX, Keystone Close, Banstead, SM7SM7 3AX10 Addresses
- 237 mSM7 3BE, Croydon Lane, Banstead, SM7SM7 3BE2 Addresses
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Property Typesin SM7 3BQ
- 1 modern house built after 1980
- 1 house of an unknown age
- 3 early-century houses built between 1912 and 1935
- 4 other addresses of unknown type
- modern house (1)
- house (1)
- early-century house (3)
- Unknown (4)
Energy Efficiencyof properties in SM7 3BQ
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (5)
Schools Nearbyto SM7 3BQ
The nearest primary school to SM7 3BQ is Woodmansterne Primary School which is 703 metres away.
- 703mWoodmansterne Primary School
- 2.0kmChipstead Valley Primary School
- 2.2kmSt Anne's Catholic Primary School
The nearest secondary school is Oaks Park High School which is 1.8 kilometres away.
- 1.8kmOaks Park High School
- 2.1kmHarris Academy Sutton
- 2.5kmWoodcote High School
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Public Transport Nearbyto SM7 3BQ
The closest station to SM7 3BQ is Belmont station which is 2.1 kilometres away.
- 2.1kmBelmont
- 2.1kmWoodmansterne
- 2.5kmBanstead
- 2.5kmChipstead
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