Chipstead Way - SM7 3JL
Key Postcode Insights
SM7 3JL is a residential postcode situated on Chipstead Way, Banstead, SM7 with 29 addresses.
It ranks as the 366th largest and 131st 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 29 properties: 29 houses.
- Ave. Sale Price
- £544,504
- 10 Year change
- up 18.8%
- Ave. Rental Price
- £2,531pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £505/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
SM7 3JL is a residential postcode situated on Chipstead Way, Banstead, SM7 with 29 addresses.
It ranks as the 366th largest and 131st 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 29 properties: 29 houses.
- Ave. Sale Price
- £544,504
- 10 Year change
- up 18.8%
- Ave. Rental Price
- £2,531pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £505/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin SM7 3JL
- 129 Chipstead Way
House
- 131 Chipstead Way
3 Bed Early-century House
- 133 Chipstead Way
3 Bed Early-century House
- 135 Chipstead Way
House
- 137 Chipstead Way
4 Bed Early-century House
Sales Market Trends
The last sale in SM7 3JL sold for £636,000 on 25th June 2025. Since then prices are down an average of 2.6%.
The current average value in the postcode is £544,504.
The SM7 3JL Sales Market has increased by 18.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £544,504 |
| June 2025 | 1.4% | £558,992 |
| June 2024 | -1.5% | £551,479 |
| June 2023 | -0.3% | £559,931 |
| June 2022 | 9.5% | £561,823 |
| June 2021 | 5.7% | £513,260 |
| June 2020 | 3.8% | £485,782 |
| June 2019 | -0.8% | £468,144 |
| June 2018 | 0.6% | £471,890 |
| June 2017 | 2.3% | £468,944 |
| June 2016 | 11.6% | £458,504 |
| June 2015 | 10.3% | £410,666 |
| June 2014 | 13.5% | £372,289 |
| June 2013 | 4.1% | £328,111 |
| June 2012 | 3.2% | £315,243 |
| June 2011 | -1.4% | £305,534 |
| June 2010 | 15.7% | £309,841 |
| June 2009 | -12.6% | £267,836 |
| June 2008 | -0.9% | £306,407 |
| June 2007 | 0% | £309,082 |
Rental Market Trends
The current average rental value in the postcode is £2,531.
The SM7 3JL Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £2,531pcm |
| June 2025 | 4.2% | £2,444pcm |
| June 2024 | 4% | £2,345pcm |
| June 2023 | 13% | £2,254pcm |
| June 2022 | 8.8% | £1,995pcm |
| June 2021 | 4.4% | £1,833pcm |
| June 2020 | 3.2% | £1,756pcm |
| June 2019 | 1.5% | £1,701pcm |
| June 2018 | 1.6% | £1,676pcm |
| June 2017 | -3.5% | £1,649pcm |
| June 2016 | 6.2% | £1,708pcm |
| June 2015 | 7.2% | £1,608pcm |
| June 2014 | 3.9% | £1,500pcm |
| June 2013 | 5.6% | £1,443pcm |
| June 2012 | 3.4% | £1,366pcm |
| June 2011 | 4.5% | £1,321pcm |
| June 2010 | 7.9% | £1,264pcm |
| June 2009 | -8.9% | £1,172pcm |
| June 2008 | 5.7% | £1,286pcm |
| June 2007 | 0% | £1,216pcm |
Sales History
The last sale was on 25th June 2025 for £636,000 and since then the market in the area has decreased by 2.6%. The postcode has had a total of 32 sales since 1995.
SM7 3JL has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jun 2025£636,000 | 4 Bed House157, Chipstead Way, Banstead, SM7 3JL157, Chipstead Way, Banstead, SM7 3JL
- Sold Jan 2024£555,000 | 3 Bed House149, Chipstead Way, Banstead, SM7 3JL149, Chipstead Way, Banstead, SM7 3JL
- Sold Jul 2022£475,000 | 3 Bed House131, Chipstead Way, Banstead, SM7 3JL131, Chipstead Way, Banstead, SM7 3JL
- Sold Jul 2022£615,000 | 4 Bed House157, Chipstead Way, Banstead, SM7 3JL157, Chipstead Way, Banstead, SM7 3JL
- Sold Aug 2021£525,000 | 4 Bed House179, Chipstead Way, Banstead, SM7 3JL179, Chipstead Way, Banstead, SM7 3JL
Nearby Postcodes
SM7 3JL is the 366th largest and the 131st most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3JU, Chipstead Way, Banstead, SM7SM7 3JU14 Addresses|62 m away
- SM7 3PJ, Prestbury Crescent, Banstead, SM7SM7 3PJ49 Addresses|68 m away
- SM7 3JS, Chipstead Way, Banstead, SM7SM7 3JS10 Addresses|69 m away
- SM7 3JT, The Readens, Banstead, SM7SM7 3JT17 Addresses|115 m away
- SM7 3PQ, Hempshaw Avenue, Banstead, SM7SM7 3PQ14 Addresses|121 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 12 early-century houses built between 1912 and 1935
- 13 other addresses of unknown type
- mid-century house (2)
- house (2)
- early-century house (12)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (9)
- No EPC (15)
Top 3 Most Expensive Sales
- Sold Feb 2017£967,000 | 5 Bed House250, Chipstead Way, Banstead, SM7 3LQ250, Chipstead Way, Banstead, SM7 3LQ
- Sold Aug 2025£920,000 | 5 Bed House237, Chipstead Way, Banstead, SM7 3JN237, Chipstead Way, Banstead, SM7 3JN
- Sold Jan 2022£915,000 | 4 Bed House232, Chipstead Way, Banstead, SM7 3LQ232, Chipstead Way, Banstead, SM7 3LQ
Schools Nearby
- Chipstead Valley Primary School700 m away
- Woodmansterne Primary School1.1 km away
- St Aidan's Catholic Primary School1.7 km away
- Woodcote High School2.5 km away
- Oaks Park High School3.1 km away
- The Beacon School3.1 km away
More reading links
Public Transport Nearby
The closest station to SM7 3JL is Chipstead station, which is 1.0 kilometres away.
- Chipstead|1.0 km away
- Woodmansterne|1.1 km away
- Coulsdon South|2.3 km away
- Coulsdon Town|2.5 km away
