Merrymeet - SM7 3HT
Key Postcode Insights
SM7 3HT is a residential postcode situated on Merrymeet, Banstead, SM7 with 19 addresses.
It ranks as the 267th largest and 12th 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 19 properties: 7 houses and 12 flats.
- Ave. Sale Price
- £318,730
- 10 Year change
- up 10.6%
- Ave. Rental Price
- £1,607pcm
- 10 Year change
- up 38.5%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
SM7 3HT is a residential postcode situated on Merrymeet, Banstead, SM7 with 19 addresses.
It ranks as the 267th largest and 12th 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 19 properties: 7 houses and 12 flats.
- Ave. Sale Price
- £318,730
- 10 Year change
- up 10.6%
- Ave. Rental Price
- £1,607pcm
- 10 Year change
- up 38.5%
- Ave. £ per ft²
- £357/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin SM7 3HT
- 2 Merrymeet
3 Bed Mid-century House
- 4 Merrymeet
3 Bed Mid-century House
- 6 Merrymeet
3 Bed Mid-century House
- 8 Merrymeet
3 Bed Mid-century House
- 10 Merrymeet
3 Bed Mid-century House
Sales Market Trends
The last sale in SM7 3HT sold for £250,000 on 29th April 2021. Since then prices are up an average of 5.0%.
The current average value in the postcode is £318,730.
The SM7 3HT Sales Market has increased by 10.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £318,730 |
| June 2025 | 1.2% | £322,637 |
| June 2024 | -0.4% | £318,675 |
| June 2023 | -1.8% | £319,907 |
| June 2022 | 6.7% | £325,771 |
| June 2021 | 4.6% | £305,222 |
| June 2020 | 3.6% | £291,865 |
| June 2019 | -1.2% | £281,594 |
| June 2018 | -2.3% | £285,056 |
| June 2017 | 1.3% | £291,743 |
| June 2016 | 13.2% | £288,124 |
| June 2015 | 8.4% | £254,564 |
| June 2014 | 14.2% | £234,779 |
| June 2013 | 3.7% | £205,534 |
| June 2012 | 2% | £198,287 |
| June 2011 | -2.1% | £194,386 |
| June 2010 | 12.8% | £198,558 |
| June 2009 | -12.2% | £175,978 |
| June 2008 | 0.6% | £200,368 |
| June 2007 | 0% | £199,192 |
Rental Market Trends
The current average rental value in the postcode is £1,607.
The SM7 3HT Rental Market has increased by 38.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,607pcm |
| June 2025 | 3.9% | £1,550pcm |
| June 2024 | 4.7% | £1,491pcm |
| June 2023 | 12.7% | £1,424pcm |
| June 2022 | 5.5% | £1,263pcm |
| June 2021 | 2.4% | £1,197pcm |
| June 2020 | 4.6% | £1,169pcm |
| June 2019 | 1.2% | £1,118pcm |
| June 2018 | 0.9% | £1,105pcm |
| June 2017 | -5.5% | £1,096pcm |
| June 2016 | 7.3% | £1,160pcm |
| June 2015 | 5.9% | £1,081pcm |
| June 2014 | 4.6% | £1,020pcm |
| June 2013 | 5% | £976pcm |
| June 2012 | 2.1% | £929pcm |
| June 2011 | 3.8% | £910pcm |
| June 2010 | 4.9% | £876pcm |
| June 2009 | -8% | £835pcm |
| June 2008 | 6.9% | £908pcm |
| June 2007 | 0% | £850pcm |
Sales History
The last sale was on 29th April 2021 for £250,000 and since then the market in the area has increased by 5.0%. The postcode has had a total of 31 sales since 1995.
SM7 3HT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Apr 2021£250,000 | 2 Bed Flat16, Merrymeet, Banstead, SM7 3HT16, Merrymeet, Banstead, SM7 3HT
- Sold Apr 2021£432,500 | 3 Bed House10, Merrymeet, Banstead, SM7 3HT10, Merrymeet, Banstead, SM7 3HT
- Sold Sep 2019£240,000 | 2 Bed Flat32, Merrymeet, Banstead, SM7 3HT32, Merrymeet, Banstead, SM7 3HT
- Sold Apr 2019£386,000 | 3 Bed House4, Merrymeet, Banstead, SM7 3HT4, Merrymeet, Banstead, SM7 3HT
- Sold Jun 2018£275,000 | 2 Bed Flat30, Merrymeet, Banstead, SM7 3HT30, Merrymeet, Banstead, SM7 3HT
Nearby Postcodes
SM7 3HT is the 267th largest and the 12th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3HS, Merrymeet, Banstead, SM7SM7 3HS12 Addresses|45 m away
- SM7 3NY, Rectory Lane, Banstead, SM7SM7 3NY4 Addresses|55 m away
- SM7 3JD, Tonbridge Close, Banstead, SM7SM7 3JD23 Addresses|76 m away
- SM7 3HP, Rectory Lane, Banstead, SM7SM7 3HP1 Addresses|92 m away
- SM7 3NX, Rectory Lane, Banstead, SM7SM7 3NX1 Addresses|97 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 10 mid-century flats built between 1936 and 1979
- 1 flat of an unknown age
- 1 other address of unknown type
- mid-century house (7)
- mid-century flat (10)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 17 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (9)
- G (0)
- D (7)
- No EPC (2)
Top 3 Most Expensive Sales
Schools Nearby
- Woodmansterne Primary School300 m away
- Chipstead Valley Primary School1.1 km away
- St Aidan's Catholic Primary School1.8 km away
- Woodcote High School2.0 km away
- Oaks Park High School2.3 km away
- Wallington High School for Girls2.8 km away
More reading links
Public Transport Nearby
The closest station to SM7 3HT is Woodmansterne station, which is 1.2 kilometres away.
- Woodmansterne|1.2 km away
- Chipstead|1.8 km away
- Coulsdon South|2.4 km away
- Coulsdon Town|2.4 km away