Chipstead Way - SM7 3JW
Key Postcode Insights
SM7 3JW is a residential postcode situated on Chipstead Way, Banstead, SM7 with 15 addresses.
It ranks as the 223rd largest and 305th 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 15 properties: 15 houses.
- Ave. Sale Price
- £843,372
- 10 Year change
- up 19.1%
- Ave. Rental Price
- £3,183pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £457/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
SM7 3JW is a residential postcode situated on Chipstead Way, Banstead, SM7 with 15 addresses.
It ranks as the 223rd largest and 305th 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 15 properties: 15 houses.
- Ave. Sale Price
- £843,372
- 10 Year change
- up 19.1%
- Ave. Rental Price
- £3,183pcm
- 10 Year change
- up 47.5%
- Ave. £ per ft²
- £457/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin SM7 3JW
- 247 Chipstead Way
House
- 249 Chipstead Way
4 Bed Early-century House
- 251 Chipstead Way
3 Bed Mid-century House
- 253 Chipstead Way
House
- 255 Chipstead Way
4 Bed Early-century House
Sales Market Trends
The last sale in SM7 3JW sold for £650,000 on 22nd August 2023. Since then prices are down an average of 3.1%.
The current average value in the postcode is £843,372.
The SM7 3JW Sales Market has increased by 19.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £843,372 |
| June 2025 | 0.8% | £866,291 |
| June 2024 | -1.8% | £859,344 |
| June 2023 | -0.7% | £874,746 |
| June 2022 | 10.2% | £881,139 |
| June 2021 | 6.1% | £799,726 |
| June 2020 | 4% | £753,421 |
| June 2019 | -0.2% | £724,692 |
| June 2018 | 0.7% | £726,095 |
| June 2017 | 1.8% | £721,212 |
| June 2016 | 9.9% | £708,289 |
| June 2015 | 9.4% | £644,270 |
| June 2014 | 12.2% | £588,967 |
| June 2013 | 3.9% | £525,082 |
| June 2012 | 2.9% | £505,144 |
| June 2011 | -1% | £490,898 |
| June 2010 | 16.7% | £495,709 |
| June 2009 | -11% | £424,688 |
| June 2008 | -0.5% | £476,987 |
| June 2007 | 0% | £479,171 |
Rental Market Trends
The current average rental value in the postcode is £3,183.
The SM7 3JW Rental Market has increased by 47.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £3,183pcm |
| June 2025 | 3.8% | £3,082pcm |
| June 2024 | 3.5% | £2,968pcm |
| June 2023 | 12.9% | £2,867pcm |
| June 2022 | 8.9% | £2,540pcm |
| June 2021 | 4.6% | £2,332pcm |
| June 2020 | 3.6% | £2,231pcm |
| June 2019 | 1.8% | £2,154pcm |
| June 2018 | 2.1% | £2,115pcm |
| June 2017 | -4% | £2,071pcm |
| June 2016 | 5.1% | £2,158pcm |
| June 2015 | 6.4% | £2,053pcm |
| June 2014 | 2.7% | £1,930pcm |
| June 2013 | 5.7% | £1,879pcm |
| June 2012 | 3.1% | £1,778pcm |
| June 2011 | 4.8% | £1,725pcm |
| June 2010 | 9% | £1,646pcm |
| June 2009 | -7.9% | £1,510pcm |
| June 2008 | 5.8% | £1,640pcm |
| June 2007 | 0% | £1,549pcm |
Sales History
The last sale was on 22nd August 2023 for £650,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 18 sales since 1995.
SM7 3JW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£650,000 | 4 Bed House261, Chipstead Way, Banstead, SM7 3JW261, Chipstead Way, Banstead, SM7 3JW
- Sold Dec 2018£470,000 | 3 Bed House251, Chipstead Way, Banstead, SM7 3JW251, Chipstead Way, Banstead, SM7 3JW
- Sold May 2018£625,000 | 4 Bed House255, Chipstead Way, Banstead, SM7 3JW255, Chipstead Way, Banstead, SM7 3JW
- Sold May 2015£770,000 | 4 Bed House273, Chipstead Way, Banstead, SM7 3JW273, Chipstead Way, Banstead, SM7 3JW
- Sold Mar 2014£760,000 | 5 Bed House275, Chipstead Way, Banstead, SM7 3JW275, Chipstead Way, Banstead, SM7 3JW
Nearby Postcodes
SM7 3JW is the 223rd largest and the 305th most expensive postcode out of the 438 postcodes in the SM7 area.
- SM7 3LH, Chipstead Way, Banstead, SM7SM7 3LH6 Addresses|74 m away
- SM7 3PZ, Upper Pines, Banstead, SM7SM7 3PZ6 Addresses|111 m away
- SM7 3QA, Pine Walk, Banstead, SM7SM7 3QA29 Addresses|174 m away
- SM7 3JN, Chipstead Way, Banstead, SM7SM7 3JN23 Addresses|198 m away
- SM7 3PY, Pine Walk, Banstead, SM7SM7 3PY21 Addresses|209 m away
Property Types
- 3 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 7 other addresses of unknown type
- modern house (3)
- mid-century house (1)
- early-century house (4)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (7)
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 School1.6 km away
- St Aidan's Catholic Primary School1.7 km away
- Woodcote High School2.8 km away
- The Beacon School3.2 km away
- Oaks Park High School3.6 km away
More reading links
Public Transport Nearby
The closest station to SM7 3JW is Chipstead station, which is 500 metres away.
- Chipstead|500 m away
- Woodmansterne|1.2 km away
- Coulsdon South|2.2 km away
- Coulsdon Town|2.7 km away
