Merrymeet - SM7 3HS
Key Postcode Insights
SM7 3HS is a residential postcode situated on Merrymeet, Banstead, SM7 with 12 addresses.
It ranks as the 174th largest and 11th 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 12 properties: 12 flats.
- Ave. Sale Price
- £257,426
- 10 Year change
- up 1.4%
- Ave. Rental Price
- £1,351pcm
- 10 Year change
- up 27.0%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
SM7 3HS is a residential postcode situated on Merrymeet, Banstead, SM7 with 12 addresses.
It ranks as the 174th largest and 11th 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 12 properties: 12 flats.
- Ave. Sale Price
- £257,426
- 10 Year change
- up 1.4%
- Ave. Rental Price
- £1,351pcm
- 10 Year change
- up 27.0%
- Ave. £ per ft²
- £343/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin SM7 3HS
- 1 Merrymeet
2 Bed Mid-century Flat
- 3 Merrymeet
2 Bed Flat
- 5 Merrymeet
2 Bed Mid-century Flat
- 7 Merrymeet
2 Bed Mid-century Flat
- 9 Merrymeet
2 Bed Mid-century Flat
Sales Market Trends
The last sale in SM7 3HS sold for £250,000 on 12th August 2025. Since then prices are down an average of 0.4%.
The current average value in the postcode is £257,426.
The SM7 3HS Sales Market has increased by 1.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £257,426 |
| June 2025 | 0.4% | £260,667 |
| June 2024 | 0.2% | £259,670 |
| June 2023 | -2.5% | £259,181 |
| June 2022 | 4.3% | £265,920 |
| June 2021 | 3% | £255,063 |
| June 2020 | 3% | £247,732 |
| June 2019 | -1.9% | £240,473 |
| June 2018 | -3.6% | £245,215 |
| June 2017 | 0.2% | £254,242 |
| June 2016 | 13.5% | £253,819 |
| June 2015 | 8.2% | £223,539 |
| June 2014 | 13.3% | £206,656 |
| June 2013 | 3.1% | £182,352 |
| June 2012 | 1.7% | £176,852 |
| June 2011 | -3.1% | £173,892 |
| June 2010 | 10.3% | £179,483 |
| June 2009 | -11.6% | £162,792 |
| June 2008 | 0.9% | £184,151 |
| June 2007 | 0% | £182,545 |
Rental Market Trends
The current average rental value in the postcode is £1,351.
The SM7 3HS Rental Market has increased by 27.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,351pcm |
| June 2025 | 3% | £1,303pcm |
| June 2024 | 5.3% | £1,265pcm |
| June 2023 | 11.9% | £1,201pcm |
| June 2022 | 3% | £1,073pcm |
| June 2021 | 0.8% | £1,042pcm |
| June 2020 | 3.9% | £1,033pcm |
| June 2019 | 0.4% | £994pcm |
| June 2018 | -0.4% | £990pcm |
| June 2017 | -6.6% | £994pcm |
| June 2016 | 7.7% | £1,064pcm |
| June 2015 | 5.7% | £988pcm |
| June 2014 | 3.8% | £935pcm |
| June 2013 | 4.4% | £901pcm |
| June 2012 | 1.8% | £863pcm |
| June 2011 | 2.8% | £847pcm |
| June 2010 | 2.5% | £824pcm |
| June 2009 | -7.4% | £804pcm |
| June 2008 | 7.2% | £869pcm |
| June 2007 | 0% | £810pcm |
Sales History
The last sale was on 12th August 2025 for £250,000 and since then the market in the area has decreased by 0.4%. The postcode has had a total of 29 sales since 1995.
SM7 3HS has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£250,000 | 2 Bed Flat7, Merrymeet, Banstead, SM7 3HS7, Merrymeet, Banstead, SM7 3HS
- Sold Mar 2025£290,000 | 2 Bed Flat9, Merrymeet, Banstead, SM7 3HS9, Merrymeet, Banstead, SM7 3HS
- Sold Jan 2021£243,000 | 2 Bed Flat15, Merrymeet, Banstead, SM7 3HS15, Merrymeet, Banstead, SM7 3HS
- Sold May 2019£250,000 | 2 Bed Flat9, Merrymeet, Banstead, SM7 3HS9, Merrymeet, Banstead, SM7 3HS
- Sold May 2018£260,000 | 2 Bed Flat17, Merrymeet, Banstead, SM7 3HS17, Merrymeet, Banstead, SM7 3HS
Nearby Postcodes
SM7 3HS is the 174th largest and the 11th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3JD, Tonbridge Close, Banstead, SM7SM7 3JD23 Addresses|34 m away
- SM7 3HT, Merrymeet, Banstead, SM7SM7 3HT19 Addresses|45 m away
- SM7 3HR, Carshalton Road, Banstead, SM7SM7 3HR29 Addresses|91 m away
- SM7 3NY, Rectory Lane, Banstead, SM7SM7 3NY4 Addresses|100 m away
- SM7 3HX, Merrymeet, Banstead, SM7SM7 3HX12 Addresses|108 m away
Property Types
- 11 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- mid-century flat (11)
- flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (9)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Sales
Schools Nearby
- Woodmansterne Primary School200 m away
- Chipstead Valley Primary School1.2 km away
- St Aidan's Catholic Primary School1.8 km away
- Woodcote High School2.0 km away
- Oaks Park High School2.2 km away
- Wallington High School for Girls2.8 km away
More reading links
Public Transport Nearby
The closest station to SM7 3HS is Woodmansterne station, which is 1.2 kilometres away.
- Woodmansterne|1.2 km away
- Chipstead|1.9 km away
- Coulsdon Town|2.4 km away
- Coulsdon South|2.4 km away
